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(Bloomberg) -- China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and surpass the US in a potentially game-changing technology. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeTrump Says He, Not Con

IPOs have had juicy first-day gains this year, but it doesn’t take long for the pullback to start. And that is particularly true for mega IPOs.

After leaning on debt to fund its artificial intelligence (AI) ambitions, the social media giant may now be turning to its own shareholders.

By Wayne Cole SYDNEY, June 9 (Reuters) - Asian stock markets tried to stabilise on Tuesday and oil prices came off highs after Israel and Iran said they would halt attacks on each other for now, while

Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.

Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 7.4% in the morning session after Amazon announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for its expanding U.S. data center infrastructure.

Hedge fund billionaire Daniel Loeb added several mega-cap and technology companies to his Third Point LLC portfolio in the first quarter of FY26. The investor placed his bets on Meta Platforms, Inc. and Alphabet Inc., acquiring 90,000 and 175,000 shares,...

Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social ‌media giant races to build the infrastructure to power its AI ambitions. The cost-free program, ‌America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson ​said the program will provide generalist training for data center technicians.

The five-week program, which is free of charge and guarantees a job, follows a recent layoff of 8,000 employees.

ServiceTitan shares surged more than 4% after reporting strong fiscal Q1 2027 results, with revenue rising 25% year-over-year to $268.8 million, driven by its AI-powered platform.

Imagine a company outright telling the market that it has way too many customers and not nearly enough capacity to serve them. Having to turn away paying business sounds like a brutal problem.

Forget the far-off promises of super-intelligent agents for a moment; the company's massive AI investment is already quietly upgrading its core money-maker.

Some unusual or even unprecedented circumstances could magnify the usual volatility and risks that come with IPOs.

WhatsApp says it disrupted new phishing attempts tied to the spyware firm.

(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri

Another payment is on the way to Facebook users eligible for a cash settlement in a $725 million class-action lawsuit related to privacy issues.

Friday’s session broke a nine-week winning streak in the NASDAQ 100, with the index plunging hard enough to make investors wonder whether the AI-led rally in names like NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) had finally rolled over. Today, the bid is back. The NASDAQ 100 is up 2% to 29,589.50 and the Invesco QQQ Trust ... Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?

Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. Meta Platforms, Inc. (NASDAQ:META) has repeatedly delayed the release of its proprietary Muse Spark AI model API to developers, threatening the timeline for monetizing its substantial AI infrastructure investments, The WSJ said on June 3, 2026. The API […]

Italy's competition authority ‌said on ‌Monday it had dropped ​an investigation into Meta Platforms over allegations the company ‌abused its ⁠dominant position by installing its ⁠artificial intelligence tool on messaging ​service WhatsApp. The ​investigation ​had been ‌launched in July 2025. The regulator, known as AGCM, said it closed its ‌probe because the ​European ​Commission ​had extended ‌its own investigation into ​the ​same issue to include the ​Italian ‌territory.

The Wall Street Journal publishes a widely followed list each year called “The Best Companies For the Future.” Compiled with Bendable Labs, it uses’AI readiness, innovation, talent readiness, financial fitness, resilience, and agility.’ The major megacap tech companies are at the very top. Apple (NASDAQ: AAPL) is down the list, barely above S&P Global, which ... Apple At The Bottom Of The Big Tech Barrel

Jensen Huang has a way with grand pronouncements. On NVIDIA’s most recent earnings call, the CEO told investors that “the buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” The numbers behind that statement are real: NVIDIA (NASDAQ:NVDA) just posted $81.61 billion in quarterly revenue, with Data Center ... Jensen Huang’s Huge AI Prediction Has Just One Tiny Problem

Meta Platforms (NASDAQ:META) delivered one of the cleanest quarterly beats from a mega-cap this year, yet shares are sliding. Q1 2026 EPS came in at $10.44 versus the $6.66 consensus, a 56.79% beat, and revenue hit $56.31 billion (up 33.1% YoY). Mark Zuckerberg told investors, “We had a milestone quarter with strong momentum across our ... Prediction: Meta Will be Worth $2 Trillion on This Date

When the CEO of the world’s most valuable company tells you to back up the truck on his own sector, it pays to listen. Jensen Huang did exactly that recently, framing the latest pullback in AI stocks as a gift rather than a warning. The logic mirrors a principle Warren Buffett spent decades drilling into ... Jensen Huang Sounds Eerily Like Warren Buffett as He Tells Investors to Buy the Dip in AI Stocks

Meta Platforms just saw its fair value estimate adjust from US$829.23 to US$828.80, a very small move that still matters for how analysts frame upside and risk. That modest revision sits against a divided analyst backdrop, where bulls highlight AI, subscriptions and cost controls, while bears focus on AI execution risks, heavier infrastructure spend and legal overhangs. As you read on, you will see how these data points and opinions fit together and how to keep track of the evolving Meta...

Investors must decide whether Meta's remarkable ad business outweighs its eye-watering AI spending.

Broadcom Inc. (NASDAQ:AVGO) is one of the 14 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More. On June 2, HSBC analyst Frank Lee raised the price target on Broadcom Inc. (NASDAQ:AVGO) to $600.00 (from $450.00) while maintaining a Buy rating. The bullish case for Broadcom is based on its ASIC revenue growth, […]

Meta Platforms Inc. (NASDAQ: META) is one of the 14 AI Stocks Making Headlines on Wall Street: Qualcomm, Microsoft, and More. While investors continue to question the payoff from Big Tech spending, UBS sees one tech firm showing early signs of monetization. On June 4, UBS analyst Stephen Ju reiterated a Buy rating and $865.00 […]

SpaceX, OpenAI and Anthropic listings could reshape capital flows as new equity supply rises.

Meta CEO Mark Zuckerberg sees a future of superintelligent digital assistants. The vision will require massive amounts of spending and drastic change.

On Friday, June 5, 2026, the MicroSectors FANG Innovation 3x Leveraged ETN (NYSEARCA:BULZ) closed at $41.05, down roughly 18% from the prior close of $49.89. If you held $10,000 of BULZ at Thursday’s close, you woke up Saturday with roughly $8,228 and a question about what just happened. The honest answer is that nothing exotic ... The 3x Leverage That Built a 192% Year Just Took Back 18% in Hours