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Shares of U.S. technology megacaps tumbled on Monday as SpaceX fell for the third straight session and hyperscalers Alphabet ‌and Amazon looked set to lose billions of dollars in market value, ‌driven by AI spending concerns. SpaceX slid over 10% after last week's blistering post-IPO rally. Alphabet dropped 6%, set for its biggest one-day fall since May 2025 and on pace to erase more than $256 billion in market capitalization.

(Updates with index/price moves and political/company news from the first paragraph.) US equity i

David Tepper’s Appaloosa Management trimmed NVIDIA (NASDAQ:NVDA) by roughly 13% of shares and cut AMD (NASDAQ:AMD) by roughly 32% of shares while nearly doubling its Amazon position, adding about 2.14 million shares (an increase of roughly 98%) during the quarter ended March 31, 2026. The disclosure landed in the 13F filed May 15, 2026, and ... David Tepper Trimmed Nvidia and AMD, but Doubled Down on This AI Stock

(Bloomberg) -- Alphabet Inc. shares tumbled on Monday following the departure of another high-profile artificial intelligence leader to a rival.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIran Cites ‘Major Progress’ After All-Night Talks With USThe stock fell as much as 7.2%, t

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

Amazon stock is slumping as the company preps for its four-day Prime Day 2026 sales event. Analysts expect record spending.

Alphabet stock's sharp slide was dragging down the Nasdaq. The tech-heavy index was down 1%. The S&P 500 was down 0.3%. The Dow, which does not include Alphabet, was up 183 points, or 0.4%. Shares of the Google parent tumbled more than 6%.

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...

Alphabet’s stock more than doubled on a simple, spectacular, and staggering premise: it built an AI engine so powerful it can’t keep it fed.

It’s hard to know what to make of quantum computers. On the one hand, it may very well be like where AI was five or seven years ago. And, if that’s the case, perhaps the quantum plays, many of which have fallen out of favor in recent quarters, might be worth more attention than some ... Could Commercially Useful Quantum Computers Really Be 5-7 Years Away?

It really doesn’t matter who made the statement if he or she really, really knows what they are talking about. Richard Liu, founder and chair of JD.com, said that “sooner or later” robots would replace 700,000 delivery workers in China. Early experimental versions of this business model are already in place in China, the FT ... Robots Will Replace 700,000 Workers

SpaceX's historic IPO has investors buzzing, but the valuation concerns have been covered to death. Here are four under-the-radar reasons I'm staying on the sidelines.

SpaceX stock fell again on Monday, giving it three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.

SpaceX stock fell again on Monday, now poised for three straight down days after a massive run up following its IPO earlier this month. SpaceX also confirmed its first ever bond issuance in filing.

The four-day event starts June 23, with analysts watching sales, discounts and consumer spending.

Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Amazon. com Inc. (NASDAQ:AMZN) is preparing to launch its 12th annual Prime Day event on Tuesday, with industry forecasts pointing to a significant surge in online spending across the retail sector.

US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...

Amazon has twice as much ground to make up as Microsoft to become the market's fourth $3 trillion company. Don't bet against it.

Apple's (AAPL) most impressive achievement over the last five years wasn't a new iPhone or a new chip.

Stock Market Today: The Dow Jones index wavered Monday amid U.S.-Iran peace talks. SpaceX stock dived in premarket trading.

Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers' spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs ‌rather than carefree splurges. The four-day blitz running June 23 to 26, comes after Amazon shifted it from July, citing a calendar crowded ‌by the FIFA World Cup and the 250th anniversary of U.S. independence. What shoppers add to ​their carts is as important as how much they spend, helping gauge whether recent U.S. consumer resilience is holding or beginning to crack.

MT teams up with AWS to bring AI and cloud tools to steelmaking and supply lower-carbon steel under a multi-year deal.

A dual-industry leader is the most common top-four holding for six of the savviest billionaire investors.

Stock prices are often volatile following an IPO.

This impending spending will benefit many companies, but there's a good way to invest in each of the AI industry's next biggest needs.

President Donald Trump, in an interview with The Axios Show, said Friday that he briefly viewed Amaz

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 12 High Quality Stocks to Buy for the Long Term. On June 16, 2026, PennyMac Financial Services (PFSI) expanded its strategic agreement with Amazon Web Services, an Amazon.com, Inc. (NASDAQ:AMZN) company, to accelerate its transformation into an AI-driven mortgage technology leader. PennyMac is using AWS’ generative AI capabilities […]

Despite solid fundamentals and a growing content pipeline, Netflix's premium valuation raises questions. Here's whether NFLX is worth buying at current levels.

The article makes a strong bullish case for SpaceX, but it's worth separating the company's business strengths from the stock's investment attractiveness.