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Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475
24/7 Wall St.58d agobullish
Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475

At $475.51, Advanced Micro Devices (NASDAQ:AMD) is a Hold. The stock has roughly doubled in five months on accelerating AI demand, and the gap between the operating story and the multiple has rarely been wider. AMD designs the CPUs and GPUs powering hyperscale AI factories, with EPYC server chips and Instinct accelerators now the company’s ... Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475

Meta Platforms, Inc. (META) Is A Top AI Stock In Ken Griffin’s Portfolio
Insider Monkey58d agoneutral
Meta Platforms, Inc. (META) Is A Top AI Stock In Ken Griffin’s Portfolio

Meta Platforms, Inc. (NASDAQ:META) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. Social media giant Meta Platforms, Inc. (NASDAQ:META) is busy making moves in the artificial intelligence industry. The firm added more features to its Meta Business Agent on June 3rd and explained that the software enables businesses […]

Oracle shares slide as hefty AI spending, debt plans spook investors
Reuters58d agoneutral
Oracle shares slide as hefty AI spending, debt plans spook investors

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in ‌the company's push to build out AI infrastructure. A smaller player in ​the cloud-computing industry for a long time, Oracle has in recent months seized massive data-center deals with OpenAI and Meta to compete more forcefully with rivals, such as Amazon and Microsoft. But Oracle lacks the large cash flows that have primarily funded the tech giants' outlays, forcing it to burn cash and sell debt instruments ‌at a time its traditional software ⁠business is under pressure from the very AI tools it plans to support through its cloud.

SpaceX's market meteoric debut by the numbers
Reuters Videos58d agoneutralVIDEO
SpaceX's market meteoric debut by the numbers

<body><p>STORY: SpaceX's market debut on Friday is expected to be&nbsp;the largest-ever IPO.</p><p>Here are the meteoric numbers that have sent the spaceflight business into orbit.</p><p>:: $1.75 trillion&nbsp;</p><p>$1.75 trillion is the valuation Elon Musk's company is targeting.</p><p>That&nbsp;would instantly rank it among the world's most&nbsp;valuable companies.</p><p>:: $135</p><p>At $135 per share, SpaceX would trade at a trailing price-to-sales multiple of roughly 94.</p><p>That's above companies such as Nvidia, Amazon and Meta, and sees investors asked to pay a premium.</p><p>:: 18.67 billion</p><p>$18.67 billion is how high company sales reached last year - rising by a third.</p><p>:: 10.3 mln</p><p>:: 9,600</p><p>Starlink network did the heavy lifting making up 60% of the total sales.</p><p>That was thanks to its 10.3 million users across 9,600 satellites.</p><p>:: 2</p><p>After a single launch in 2006, SpaceX has far outpaced rivals, now managing two launches every week.</p><p>That makes it the go-to launch partner for NASA and the Pentagon.</p><p>But AI losses have weighed.</p><p>:: $4.94 billion</p><p>Merging with the money-losing xAI pushed the company to a net loss of $4.94 billion last year.</p><p>Down from a profit of $791 million in 2024</p></body>

Investing.com58d agoneutral
These 2 things are key for Meta stock re-rating: BofA

Investing.com -- Meta Platforms shares could be poised for a re-rating if the company demonstrates progress in artificial intelligence development and successfully monetizes its growing AI product portfolio, according to Bank of America.

SpaceX Is Minting Millionaires and Maybe Even a Trillionaire. It Also Might The Offer a Glimpse of the Future of America’s Blue-Collar Economy.
24/7 Wall St.58d agoneutral
SpaceX Is Minting Millionaires and Maybe Even a Trillionaire. It Also Might The Offer a Glimpse of the Future of America’s Blue-Collar Economy.

The countdown to the SpaceX (SPCX) IPO has finally come down to T-minus one day, and it’s going to be a shocker how many people are going to be made incredibly rich as investors witness just how high the oversubscribed IPO goes. Who knows? It might even mint the world’s first trillionaire in Elon Musk, given ... SpaceX Is Minting Millionaires and Maybe Even a Trillionaire. It Also Might The Offer a Glimpse of the Future of America’s Blue-Collar Economy.

Bloomberg58d agoneutral
Amazon Says Its Data Centers Use 2.5 Billion Gallons of Water

(Bloomberg) -- Amazon.com Inc. said its data centers used 2.5 billion gallons of water worldwide last year, or about 5% of the amount metro Seattle consumes annually.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapThe world’

SpaceX IPOs on Friday. The 55% rule says don’t chase it.
24/7 Wall St.58d agoneutral
SpaceX IPOs on Friday. The 55% rule says don’t chase it.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by 2030
24/7 Wall St.58d agoneutral
Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by 2030

Although Wall Street has rewarded every hyperscaler willing to pledge more silicon, more concrete, and more megawatts over the past 24 months, the math behind the AI data center boom is finally drawing scrutiny. Combined 2026 capital expenditure guidance from Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Amazon (NASDAQ:AMZN), and Microsoft (NASDAQ:MSFT) now sums to roughly $800 ... Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks. Only 84 of 157 Gigawatts Will Be Built by

Meta Platforms (META) Partners with Best Buy to Launch Meta Lab Across 50 Stores
Insider Monkey58d agobullish
Meta Platforms (META) Partners with Best Buy to Launch Meta Lab Across 50 Stores

Meta Platforms, Inc. (NASDAQ:META) is a widely held stock by hedge funds and is one of the best stocks to buy now for the next 3 months. Meta Platforms, Inc. (NASDAQ:META) is transitioning towards subscription models to support its AI investments. The company is introducing a range of subscriptions for its social media Apps, with […]

Why Meta Is Under Pressure to Expand Beyond Ads
The Wall Street Journal58d agoneutral
Why Meta Is Under Pressure to Expand Beyond Ads

Charging users for subscriptions is Meta Platforms' latest bid to build a business outside advertising. The growing cost of AI means that Meta badly needs the plan to work, but its chances don’t look great.

SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy
Bloomberg58d agoneutral
SpaceX IPO Will Mint Billions for a New Silicon Valley Hierarchy

(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapH-1B Visa Ru