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Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers
24/7 Wall St.47d agoneutral
Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers

Alphabet (NASDAQ:GOOGL) stock is down 6% in Monday midday trading, sliding to around $346. The selloff in Alphabet shares is the most prominent move among the hyperscalers today. Caught in the same theme, Amazon (NASDAQ:AMZN) stock is down 4% to around $234. Meta Platforms (NASDAQ:META) and Microsoft (NASDAQ:MSFT) shares are also lower, though by smaller ... Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers

Alphabet Stock Tumbles as Google’s DeepMind Loses Nobel Prize Winner to Anthropic
Barrons.com47d agoneutral
Alphabet Stock Tumbles as Google’s DeepMind Loses Nobel Prize Winner to Anthropic

Shares of Alphabet dropped Monday in the first trading session since John Jumper, a senior research scientist and Nobel prize winner, announced Friday that he was leaving Google DeepMind for artificial-intelligence start-up Anthropic. Alphabet stock declined 6.2% to $345.56 on Monday, putting it on pace for its largest daily percentage decline in more than a year. Jumper posted to social media platform X on Friday that after about nine years he has decided to leave Google DeepMind, the backbone behind the company’s advanced AI models, and would be joining Anthropic.

Investing.com47d agobearish
Alphabet slides over 6% as AI brain drain and SpaceX slump converge

The immediate trigger was the announcement Friday by John Jumper, a Vice President Engineering Fellow at Google DeepMind who shared the 2024 Nobel Prize in Chemistry for his work on the AlphaFold protein-structure model, that he is leaving the company after nearly nine years to join Anthropic. "After nearly nine years, I have decided to leave Google DeepMind and join Anthropic," Jumper said.

Anthropic Technical Expert: ‘Coding Is No Longer the Bottleneck’ as Engineers Ship 8x More Code Per Quarter
24/7 Wall St.47d agoneutral
Anthropic Technical Expert: ‘Coding Is No Longer the Bottleneck’ as Engineers Ship 8x More Code Per Quarter

A recent appearance by Fiona Fung, who manages the Claude Code and Cowork teams at Anthropic, on Lenny Rachitsky’s Podcast offered a window into how one of the world’s most prominent AI labs approaches software engineering when its engineers are AI-native. Her headline claim is that today, “Coding is no longer the bottleneck.” Fung referenced ... Anthropic Technical Expert: ‘Coding Is No Longer the Bottleneck’ as Engineers Ship 8x More Code Per Quarter

Berkshire Hathaway (BRK.A) Backs Greg Abel As Alphabet Bet And Deals Reshape Berkshire
Simply Wall St.47d agoneutral
Berkshire Hathaway (BRK.A) Backs Greg Abel As Alphabet Bet And Deals Reshape Berkshire

Greg Abel, now CEO of Berkshire Hathaway (NYSE:BRK.A), has reshaped the equity portfolio with a larger position in Alphabet and fewer total holdings. The company has exited Amazon and several smaller stock positions as part of this shift. Berkshire has agreed to acquire homebuilder Taylor Morrison, adding another operating business to its collection. Abel has bought Berkshire shares personally and pledged his salary toward share buybacks, aligning closely with shareholders. Warren Buffett...

Could Intel (INTC) Be an Unexpected Winner of the AI Chip Shortage?
Insider Monkey47d agoneutral
Could Intel (INTC) Be an Unexpected Winner of the AI Chip Shortage?

With a forward P/E of 85.38, Intel Corporation (NASDAQ:INTC) is among the 10 Most Overvalued Quantum Computing Stocks According to Short Sellers. On June 8, reports indicated that Intel Corporation (NASDAQ:INTC) is emerging as a potential beneficiary of tightening capacity at rival semiconductor foundries, reinforcing the company’s growing position in advanced chip manufacturing. According to sources cited by The Information, several […]

Tesla's Missing 10,000: Is Optimus Falling Behind The Robotics Pack?
Trefis47d agobearish
Tesla's Missing 10,000: Is Optimus Falling Behind The Robotics Pack?

Tesla (TSLA) is valued at more than $1.2 trillion. The automotive business holding that number up is shrinking. Full-year 2025 revenue came in at $94.8 billion, down 3 percent, the company's first annual revenue decline ever. Auto revenue fell 10 percent to $69.5 billion, margins are tighter, and BYD and other Chinese automakers keep gaining global share.

Google CEO says AI has changed revenue picture completely
TheStreet47d agoneutral
Google CEO says AI has changed revenue picture completely

For two decades, Alphabet (GOOGL) generated revenue primarily through advertising, including search ads, YouTube ads, and display ads across its network. On the company's Q1 2026 earnings call in April, CEO Sundar Pichai described a shift in that structure. "Revenue from products built on our gen ...

Google EMEA President: AI is a '$25 Trillion Economic Opportunity'
WSJ47d agoneutralVIDEO
Google EMEA President: AI is a '$25 Trillion Economic Opportunity'

Google Europe, Middle East and Africa president Debbie Weinstein discusses the $25 trillion global economic opportunity presented by artificial intelligence. Weinstein also explains how changing search behaviors are transforming marketing and why leaders must adopt the technology to drive growth rather than just efficiency.