Alphabet NASDAQ:GOOGL, the parent company of Google and the Google Cloud platform, rallied approximately 3.9% in Friday's regular-session trading as of 10:19 a.m. ET as investors reassessed large-scale AI spending following Amazon's results. Amazon Web Services reported 37% second-quarter revenue g…
Alphabet NASDAQ:GOOGL, Google's parent and a major advertising and cloud-computing company, edged less than 0.1% lower in Wednesday's regular-session trading despite a fresh upgrade from Phillip Securities. Analyst Serena Lim Yi Qi raised the rating to buy from accumulate following Alphabet's post…
Credit risk across several of the world's largest AI companies has climbed to record levels as investors grow more concerned about the debt needed to fund data centres, chips and advanced models.Credit default swap spreads tied to Alphabet NASDAQ:GOOGL, Amazon NASDAQ:AMZN, Meta NASDAQ:META, Nvidia…
Nvidia NASDAQ:NVDA is in talks to provide roughly $250 billion in financing guarantees for OpenAI, covering the lease and debt on a 10-gigawatt site SoftBank's energy arm is developing in southern Ohio. The total project is expected to exceed $500 billion, including chips. Those are being negotiate…
Alphabet NASDAQ:GOOGL slipped below its 200-day moving average for the first time in more than a year after an earnings-driven selloff knocked nearly 7% off the stock.Shares closed Thursday at $318.34, down 6.9%, as investors looked past solid quarterly results and focused instead on the rising cos…
Intel NASDAQ:INTC, a U.S. semiconductor manufacturer that produces central processing unit chips and operates a foundry business, is expected to report stronger second-quarter results after the market closes, although even a significant earnings beat may not be enough to reverse the stock's sharp J…
Advanced Micro Devices NASDAQ:AMD struck a multibillion-dollar deal with Anthropic that includes an investment of up to $5 billion in the AI developer, contingent on certain milestones. Anthropic committed to buying tens of billions of dollars of AMD's latest AI server chips, adding 2 gigawatts of…
Alphabet NASDAQ:GOOGL shares climbed about 3% on Monday after a report said the company is developing a next-generation artificial intelligence server chip designed to improve the efficiency of its Gemini AI models.The reported custom processor, code-named "Frozen v2," is expected to deliver substa…
Alphabet's Google NASDAQ:GOOGL is being examined by Switzerland's competition authority over changes to Android that no longer allow users in the country to select a preferred search engine during device setup.The Swiss Competition Commission, known as COMCO, is conducting a preliminary review to d…
Uber NYSE:UBER was flat in premarket as Jefferies reiterated a Buy rating and $110 price target, implying 48% upside from yesterday's close of $74.26. The firm said Q2 guidance implies continued 20%-plus bookings growth in constant currency alongside approximately 60 basis points of sequential impr…
Alphabet NASDAQ:GOOGL is trying to sell Google's tensor processing units to neocloud providers, pushing deeper into a market dominated by Nvidia's GPUs, according to The Information.The challenge is distribution. Nvidia NASDAQ:NVDA already has close ties with major neoclouds including CoreWeave NAS…
Meta NASDAQ:META, a technology giant expanding its artificial intelligence infrastructure, is increasing the scale of its Hyperion AI data center supercluster in rural Louisiana to 5 gigawatts, with the project expected to cost more than $50 billion. The Richland Parish facility was initially plann…
AppLovin NASDAQ:APP rose 1.17% in premarket after a Jefferies survey of 30 e-commerce advertisers showed the company recorded the largest share gain among advertising networks in 2026, rising 169 basis points to 11% of total spend between Q4 2025 and full year 2026. AppLovin maintained a top-three…
Alphabet NASDAQ:GOOGL said Google Search hit an all-time usage record Tuesday after Argentina's dramatic World Cup knockout win drove a global spike in queries.Nick Fox, head of Google's Knowledge and Information unit, said Search broke all prior usage records right after Argentina scored the winni…
China's DeepSeek, an AI developer at the center of China's push to compete globally in artificial intelligence, is reportedly developing its own chip to help run AI systems. Reuters reported on Tuesday, citing unnamed sources, that the chip is being designed for inference, the stage when trained AI…
Meta Platforms NASDAQ:META disclosed that California, Colorado, Kentucky, and New Jersey states are seeking $1.4 trillion in penalties, a figure close to Meta's entire market cap of roughly $1.5 trillion, in a trial scheduled for August in Oakland, California. The states calculated the figure by mu…
Meta Platforms NASDAQ:META may have a better AI-cloud opportunity in renting out excess compute than trying to become a full-scale hyperscaler, according to Morgan Stanley analyst Brian Nowak.Nowak believes Meta is more likely to build a neocloud business, focused on leasing GPU-powered AI capacity…
