Meta announces the locations and scale of layoffs affected by the social media company's most recent round of cuts.
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(Bloomberg) -- SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease a global shortage of an essential component of AI.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spooke
Snap (SNAP) has come under fresh scrutiny after Meta hired Jim Shepherd, the company’s former senior director of global content partnerships, to lead creator and content initiatives for its growing wearables business. See our latest analysis for Snap. The latest 1-day share price return of 2.63% and 90-day share price return of 11.62% sit against a year-to-date share price decline of 27.92% and a 5-year total shareholder return decline of 90.45%. This points to short term momentum but a weak...
Meta shares fell sharply on Monday without a clear trigger, while retail sentiment moved up.
Wall Street has spent years pricing AI chip stocks on one core assumption: raw computing power wins. More transistors, more speed, more performance. That was the race, and investors bid up names including Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and Broadcom (AVGO) ...
Amazon (AMZN) stock is up about 14.63% year to date, at the time of writing, Monday afternoon, June 1. Meanwhile, the SPDR S&P 500 Index (SPY) is up about 11.01% in the same period. And while Amazon has just slightly outpaced the S&P 500, it has also outpaced all but two Magnificent 7 ...
Meta Platforms, Inc. (NASDAQ:META) is one of the 12 Stocks Most Bought by Hedge Funds in Q1 2026. On May 21, Wolfe Research reiterated its Outperform rating on Meta Platforms, Inc. (NASDAQ:META) with a price target of $800, pointing to an attractive valuation despite worries about the company’s capital expenditure levels. Wolfe Research pointed out […]
The valuations of artificial intelligence (AI) companies are surging, but their growth is more than just hype.
Credo Technology stock declines despite better-than-expected earnings. The stock has rallied 157% since bottoming at the end of March.
Meta’s AI ambitions are getting expensive, and now Zuckerberg is betting chatbot subscriptions and layoffs to convince that AI spending spree will eventually pay off.
The biggest AI winner could become much bigger as trillions of dollars flow into AI infrastructure over the next decade.
Jim Shepherd, who oversaw Snap’s celebrity relations and editorial strategy, will now help with Meta’s artificial intelligence device push, per The Hollywood Reporter.
Shares of Applied Optoelectronics (NASDAQ:AAOI) are up 20% in midday trading to around $190, snapping back hard from a Friday close of $158.41. The single-session pop lifts the stock’s year-to-date (YTD) 2026 gain to an impressive 439%. Meanwhile, Lumentum (NASDAQ:LITE) stock is up 7% to $914 and Coherent (NYSE:COHR) stock is roughly flat near $363. ... Applied Optoelectronics Is Up 439% in 2026: Is It Outperforming Other Optics Stocks Like Lumentum and Coherent?
(Bloomberg) -- A data center tied to CoreWeave Inc. is set to get funding from a $850 million junk-bond sale by Elk Grove Village Property LLC, which joins a wave of high-yield issuers tapping debt markets to fund artificial intelligence infrastructure.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin
Mike Schroepfer's Gigascale Capital has raised a large fund to back founders building climate-friendly solutions for the world's energy and material shortages.
The meteoric rise in Intel (NASDAQ:INTC) stock has arguably been the biggest story of the past year. Now up 486% in a year, questions linger as to whether the heated semi name is worth pursuing, especially as its market cap starts swelling. Another doubling would send Intel right above that $1 trillion mark. Given the ... This Smart‑Money Legend Won Big on Intel. The Rest of His Portfolio Might Be Even More Revealing
The social media giant recently announced the launch of new subscription options for its popular apps.
BOOT's digital strategy gains traction as e-commerce growth, AI initiatives and exclusive brand websites drive customer engagement.

Debt is becoming a big tool in the Big Tech arsenal.
Amazon (AMZN) commands a persistent premium valuation from the broader market, trading at roughly 32x based on its current market price and TTM EPS. That is great for Amazon. But wait a minute, Alphabet (GOOG) currently sits at a noticeably more attractive 29x multiple. Hard to believe, but the market prices Amazon at a persistent premium to Google. This, despite the fact that Google's top-line revenue growth for the first quarter of 2026 stood at 22% compared to just 17% for Amazon, a growth pr
We just covered the ChatGPT Stock Portfolio: Top 7 Picks For 2026. Credo Technology Group (NASDAQ:CRDO) ranks #5 (see ChatGPT Stock Portfolio: Top 4 Picks For 2026). Number of Hedge Funds: 59 Credo Technology Group (NASDAQ:CRDO) makes high-speed connectivity products that are used inside AI data centers. These products help move data quickly and efficiently […]
Broadcom's AI chip and networking businesses are driving rapid growth, with revenue and earnings projected to more than double by FY27.
Analysts still see roughly 31% upside based on the average price target.
Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Nvidia, Nebius, and Meta Platforms all look primed to rise in June.
(Bloomberg) -- China strengthened oversight of outbound investment through a new directive, tightening cross-border capital flows as its technology rivalry with the US intensifies.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile Strike on Ku
This week, tech investors will be watching chip and cybersecurity earnings, the impact of AI on labor market data, and the Computex annual chip summit.
The biggest IPO in history could force investors to make room for SpaceX just as the stock market rally faces new pressure.