Alibaba Is Selling $10.2 Billion of Stock to Fund AI. Alphabet and Intel Went First.
The three largest sales of new stock by already-public companies this year now share one purpose: funding artificial…
Oracle Corporation (ORCL) vs. Amazon.com (AMZN): Which AI Infrastructure Giant Is Better Positioned for Long-Term Growth?
On August 13, Oracle Corporation (NYSE:ORCL) and Amazon.com, Inc. (NASDAQ:AMZN)’s Web Services announced a major expansion of their…
Should You Buy Meta Platforms Stock Below $600 Before Mark Zuckerberg Unveils Its AI Cloud Business? Here’s My Honest Take
The interest in all things artificial intelligence (AI) in the stock market went back into overdrive in August.…
Elon Musk Says SpaceX Has a Massive Competitive Advantage in AI That Amazon, Google, and Microsoft Can’t Touch
One thing that stood out in Space Exploration Technologies’ (NASDAQ: SPCX) first quarterly earnings report as a publicly…
SpaceX stock hits new all-time low as AI capex jumps in Q2
SpaceX (SPCX) reported second quarter results on Tuesday that topped estimates — its first report as a public…
Amazon, Meta, and Microsoft stocks surge as AI hyperscalers post strong earnings results
Hyperscaler stocks rose on Monday as positive earnings results from Microsoft (MSFT) and Amazon (AMZN) last week buoyed…
Apple overtakes Nvidia as most valuable company as iPhone maker avoids ‘capex pitfalls’
What happened: Apple (AAPL) reclaimed the title of the world’s most valuable public company from Nvidia (NVDA) as the…
Alphabet Spent $45 Billion on Artificial Intelligence Last Quarter, and It Already Plans to Spend $811 Billion More
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has some investors worried about how much it’s spending on artificial intelligence (AI).…
‘The AI trade is still on’: Wall Street sees Big Tech’s spending as positive for semiconductor stocks
The AI trade this year has been centered around infrastructure plays, including chips, networking equipment, and data center…
Why are investors freaking out about Big Tech’s booming AI capex?
I’ve long held one core belief when it comes to markets: Price is truth. By that I mean…
Nvidia CEO Jensen Huang denies the chip boom will go bust soon and actually utters the infamous phrase ‘this time is different’
The semiconductor industry is notorious for going through boom-and-bust cycles, but Nvidia CEO Jensen Huang doesn’t think a…
Prediction: This Artificial Intelligence (AI) Chip Stock Is the Biggest Winner From the $26.5 Billion SK Hynix IPO (Hint: It’s Not Nvidia)
SK Hynix (NASDAQ: SKHY) ranks among the world’s largest producers of memory semiconductors. The company holds market-leading positions…