Intel (INTC) shares tumbled in midday trade on Thursday, hitting a two-month low, despite two positive developments – an expanded AI partnership with Google Cloud (GOOGL) and a price target hike by Susquehanna.INTC’s stock dropped over 6% by midday trade to lows last seen at the beginning of May, w…
JPMorgan Chase & Co. NYSE:JPM, a major banking group, has lowered its estimates for Circle Internet Group Inc. NYSE:CRCL, the company behind the USDC stablecoin, and Coinbase Global Inc. NASDAQ:COIN, a cryptocurrency exchange, as changing distribution economics appear likely to pressure both compan…
Oracle NYSE:ORCL is reportedly leading rivals in talks to build a highly secure cloud network for Japan, putting it ahead of Amazon Web Services, Microsoft and Google in a strategically important government contract.The proposed system would be air-gapped, meaning it would operate without access to…
Berkshire Hathaway Inc. (BRK.A, BRK.B) Chairman Warren Buffett said on Wednesday that the company’s big investment in Alphabet Inc. (GOOG, GOOGL) was his idea.During an interview with CNBC, Buffett said that he was the driving force behind Berkshire investing $10 billion in Alphabet stock through a…
Amazon NASDAQ:AMZN, Microsoft (NASDAQ:MSFT), Meta NASDAQ:META and Google NASDAQ:GOOG are helping drive a rush of data-center stake sales as operators look to cash in on the AI infrastructure boom, according to The Wall Street Journal.Developers including Netrality Data Centers, DataBank, Edged and…
Alphabet (GOOGL, Financials), the technology company behind Google Search, Android, YouTube and Google Cloud, is facing a preliminary competition investigation in Switzerland over how Android handles default search settings.Swiss regulator COMCO is examining Google's decision to remove the Choice S…
Reddit RDDT and Alphabet GOOGL are major players in the digital advertising space. While RDDT is an emerging social media platform gaining traction with community-driven advertising, GOOGL remains the dominant force in global search and digital ad markets.Reddit or Alphabet — Which of these Digital…
Wall Street's largest U.S. banks are expected to report another strong quarter of trading revenue as market volatility continues to encourage more client activity. JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs NYSE:GS, and Morgan Stanley, five of the biggest U.S. banking firms, are proj…
U.S. stock indices ended lower on Monday as oil prices and bond yields spiked, following fresh U.S.-Iran tensions over the Strait of Hormuz, fanning inflation worries.The S&P 500 ended 0.8% lower, while the Nasdaq 100 fell 1.9% and the Dow Jones Industrial Average eased 0.3%. The Russell 2000, whic…
Alphabet-led (GOOG, GOOGL) Google is reportedly expanding efforts to sell its custom AI chips to independent cloud providers as a direct challenge to Nvidia's (NVDA) dominance in AI hardware.The report from The Information comes as Wall Street has trimmed price targets on Alphabet, Meta Platforms…
Alphabet’s Google (GOOG) (GOOGL) and Amazon’s AWS (AMZN) cloud revenues are set to beat expectations in the quarter ending June, as per forecasts by Deepwater Asset Management’s Gene Munster.But the question remains whether the upsized outlook will impress investors in the tech space when beating e…
IBM NYSE:IBM drew a Neutral rating from Susquehanna as strength in quantum computing, Watsonx AI and software was offset by concerns around consulting disruption and a rich valuation.Analyst James Friedman set a $303 price target and valued IBM's quantum opportunity at $65 per share. He also pointe…
Alphabet NASDAQ:GOOG, the parent company of Google; Amazon NASDAQ:AMZN, the e-commerce and cloud-computing company behind Amazon Web Services; Meta Platforms NASDAQ:META, the social-media company expanding its artificial intelligence infrastructure; Microsoft NASDAQ:MSFT, the software and cloud-com…
Microsoft NASDAQ:MSFT, Google (NASDAQ:GOOG), Amazon Web Services NASDAQ:AMZN and Oracle NYSE:ORCL will come under direct UK financial regulatory oversight as the government moves to reduce the risks created by banks' growing reliance on cloud computing.The companies were designated Critical Third P…
Apple NASDAQ:AAPL may have a new path for on-device AI after startup PrismML reportedly shrank Alibaba's NYSE:BABA Qwen 3.6 model to run on the iPhone 17 Pro.The Information reported that PrismML compressed the 27 billion-parameter model to less than 4GB from about 54GB, while claiming the reductio…
FN Media Group Presents Oilprice.com Market CommentaryNEW YORK, July 9, 2026 /PRNewswire/ -- In September, Google walked away from a $1 billion data center outside Indianapolis, pulling its Franklin Township proposal minutes before the city-county council was set to vote it down. It wasn't an isola…
Tencent Holdings (TCEHY), a Chinese technology company, has signed a 10-year agreement to buy 300,000 carbon removal credits from Thryve.Earth, a Singapore-based carbon developer, marking Tencent's first carbon removal credit deal outside China. The credits will come from an agroforestry project on…
Alphabet Class C (GOOG) plans ~ $80B equity raise in June 2026; Berkshire Hathaway disclosed as a major participant. Raise aimed to fund long‑term AI and cloud initiatives.Nigeria'
Samsung Electronics (SSNLF) stumbled Tuesday even after projecting a 19-fold surge in Q2 operating profit, signaling that investors may already be looking past the AI memory boom.The company said operating profit for the April-to-June period likely reached 89.4 trillion won, or about $58.4 billion…
Alphabet NASDAQ:GOOG is expected to post another quarter of double-digit profit growth when it reports second-quarter results on July 22, as investors look for more evidence that its artificial intelligence investments are driving earnings.Wall Street analysts expect Alphabet NASDAQ:GOOG to earn $2…
