(Bloomberg) -- Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support an ambitious artificial intelligence expansion.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USNYC Greek Eatery Ki
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OpenAI is bulking up before its IPO, landing Transformer co-inventor Noam Shazeer from Google DeepMind and former Trump AI policy official Dean Ball in the same week.
This past week, a group of AR devotees gathered at the AWE USA conference in Long Beach, Calif. Everyone there is betting that augmented-reality glasses will eventually come out on top. AWE sponsors included Meta Platforms, Alphabet Google, and Nvidia but the headline sponsor and star of the show was Snapchat parent Snap and the launch of its new Specs AR glasses, at an eye-watering price point of $2,195. No company has made as focused a bet on AR as Snap.
One of the world’s leading artificial-intelligence researchers is leaving Alphabet for OpenAI, dealing a blow to the Google parent in the war for AI talent. Noam Shazeer, who co-led the development of Google’s Gemini AI models, announced his departure in a social media post Wednesday night. The move comes less than two years after Google doled out $2.7 billion to bring back Shazeer after he left the company to found a start-up in 2021.
Jim Cramer used his Mad Money platform this week to make the case that the Magnificent 7’s appetite for capital is sending an unmistakable signal to investors who actually pay attention to corporate plumbing: the big banks are about to print money. On the June 18, 2026 episode, Cramer argued that Nvidia alone raised $25 ... The Magnificent 7 Debt Binge is Sending a Crystal Clear Message to Wall Street. But Are Investors Paying Attention?
Alphabet Inc. (NASDAQ:GOOGL), with an upside potential of 19.55%, ranks among the best AI advertising stocks to buy. On June 15, 2026, Alphabet Inc. (NASDAQ:GOOGL)’s Google announced a $1.5 billion investment across 2026 and 2027 to expand its data center campus in Jackson County, Alabama, alongside new energy affordability and community education initiatives. Google has […]
Despite what some people might say, TV is far from dead. It has just changed. Streaming services like Amazon Prime and Netflix have changed the face of at-home entertainment forever, and there's likely no going back. While television started as an aerial signal over the public airwaves, it shifted ...
$1.3 trillion S&P 500 companies reported that level of capex for 2025, according to data compiled by S&P Global Market Intelligence. That figure includes $412 billion for just five large hyperscalers: Alphabet, Amazon, Meta, Microsoft and Oracle.
Berkshire Hathaway (NYSE:BRK.B), now run by CEO Greg Abel with Warren Buffett serving as chairman, disclosed in Q1 2026 13F filings that it nearly tripled its Alphabet stake to roughly 57.8 million shares worth about $16.6 billion, vaulting Alphabet (NASDAQ:GOOGL) into a top-five Berkshire holding. In the same window, Bill Ackman’s Pershing Square reportedly liquidated more ... Warren Buffett Just Tripled Down on the Stock Bill Ackman Is Selling
SNOW benefits from strong AI adoption and customer growth, but GOOGL may hold the edge as Google Cloud and earnings momentum accelerate.
Thanks to AI fervor, equities have climbed despite headwinds from the Mideast conflict. Analysts detail the climate for stocks in the rest of 2026, including IPOs, small caps and more.
(Bloomberg) -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USA
Waymo Recalls 3,900 Vehicles After Construction Zone Software Problem
Waymo, Alphabet’s self-driving unit, is recalling nearly 4,000 robotaxis in the US to fix software that could allow vehicles to enter closed freeway construction zones at speed. Noam Shazeer, a key leader of Alphabet’s Gemini AI model, is leaving the company to join OpenAI. These twin developments put Alphabet (NasdaqGS:GOOGL) back in focus for investors watching both autonomous vehicles and generative AI. Waymo’s recall highlights that scaling robotaxis involves real world safety and...
Meta Platforms Inc. has decided to back the Kids Online Safety Act (KOSA), a bill that the White House is promoting to supersede state regulations on artificial intelligence. The Mark Zuckerberg-led company had earlier played a role in defeating KOSA...
SpaceX (NASDAQ:SPCX) is the ticker dominating every group chat this week, with the private-company exposure vehicle gaining 19.18% in five trading days on pure rocket-launch euphoria. But here is what you should actually be watching. The space narrative is colliding with a wall. Tighter global liquidity, sticky policy rates, and a Federal Reserve that is ... Forget SpaceX. Alphabet Just Beat Earnings by 94% and Doubled Its Cloud Backlog to $460 Billion
The artificial intelligence boom is reshaping more than just software. It is rewriting the economics of the entire technology industry. The four largest hyperscalers — Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Meta Platforms (NASDAQ:META) — are expected to spend roughly $750 billion on AI infrastructure in 2026. That spending spree is consuming enormous amounts ... Tim Cook Says Apple Is About to Get Swamped By a “100-Year Flood”
For an investor in Oracle (ORCL), the headlines are dizzying. The company is signing AI infrastructure contracts by the tens of billions and has built a backlog of future business that seems to defy gravity. Yet the stock has been under pressure, down 12.2% over the past year, suggesting the market sees more to the story.
Noam Shazeer is leaving Google for OpenAI, just two years after Google paid $2.7 billion to poach Shazeer and part of his team at CharacterAI.
Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.
Three analysts lifted their price targets for SpaceX stock on lunar economy potential, share demand. Relativity Space wins Mars mission.
Apple Inc (NASDAQ:AAPL, XETRA:APC) plans to raise prices on some of its products as surging memory and storage chip costs pressure its supply chain, CEO Tim Cook told The Wall Street Journal in an interview. "Unfortunately, price increases are unavoidable," Cook told the publication. "We're...
Nvidia stock was gaining as the chip maker promoted its growth in Europe, amid a debate about access to U.S. artificial-intelligence models.