AI News

For years, the PC industry has been stuck in a rut. Consumers stretched upgrade cycles from three years to five or more, smartphone sales stole attention, and innovation often boiled down to slightly faster processors and better battery life. So when Nvidia (NASDAQ:NVDA) CEO Jensen Huang declares that the PC has been “reinvented,” investors should ... Jensen Huang Says Nvidia and Microsoft Just Reinvented the PC. But There Might Be 1 Problem

Broadcom (NASDAQ:AVGO) shares climbed more than 6% in premarket trading on Tuesday after Alphabet announced plans to raise $80 billion in new equity capital to support a major expansion of its artificial intelligence infrastructure. The fundraising initiative reinforced investor confidence in companies positioned to benefit from the rapid growth of AI-related spending, including Broadcom, which maintains a deep strategic relationship with Google.

Oracle (NYSE:ORCL) shares moved lower in premarket trading on Tuesday as investors evaluated the broader implications of escalating artificial intelligence infrastructure costs following Alphabet’s announcement of a major capital-raising initiative. The stock fell 4.

Alphabet Inc. (NASDAQ:GOOG) has announced plans to raise $80 billion in new equity capital as the company ramps up investment in artificial intelligence infrastructure to meet rapidly growing demand for its AI products and services.

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring ‌doorbell cameras at friends and family members' homes collected and stored images of his ‌face using facial recognition software. The plaintiff, Charles Sigwalt, who is seeking class-action status, sued Amazon in federal court in Seattle ​alleging a feature known as “Familiar Faces” retains images of passersby without their consent. Familiar Faces, which is optional, uses artificial intelligence to identify and remember people so that when they return to a home or a business, notifications can include specific ‌names.

Investors grew optimistic over the robotaxi rollout in early May, but there's a need to be realistic here. The SpaceX IPO is also of great significance to Tesla investors.

Three big U.S. tech companies control the vast majority of Canada's publicly-available cloud infrast

Mega-cap tech stocks were sliding on Tuesday after Google owner Alphabet outlined a plan to issue $80 billion in stock to fund its AI spending spree. The Roundhill Magnificent Seven exchange-traded fund slid 0.

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Tuesday's

It's important to consider valuation and the AI revenue opportunity.

STMicroelectronics (NYSE:STM) increased its revenue expectations for its data centre business on Tuesday, citing strong momentum from artificial intelligence infrastructure investment and ongoing expansion of manufacturing capacity. The Franco-Italian semiconductor manufacturer, which counts Tesla and Apple among its customers, now expects its data centre operations to generate approximately $1 billion in revenue during 2026.

Nvidia stock was gaining after Cathie Wood’s ARK Invest funds acquired a total of 300,017 Nvidia shares on Monday.

Amazon. com (NASDAQ:AMZN) has moved its flagship Prime Day shopping event to late June after holding the promotion in July for the previous five years, with the company citing a busy calendar of global sporting events and national celebrations as key factors behind the change.

Microsoft will hold its annual software developer conference on Tuesday, where the company is ‌expected to showcase new tools for developers building AI software ‌for PCs and the cloud. In a keynote address in San Francisco, Microsoft CEO Satya Nadella ​is expected to outline how the technology company plans to compete both in the cloud, where it is both an investor and a rival to firms such as OpenAI, and increasingly on PCs. But OpenClaw, which has gained popularity in China and helped Microsoft's longtime rival Apple sell Mac computers, and other such tools ​are also ​risky for most businesses to use.

Meta announces the locations and scale of layoffs affected by the social media company's most recent round of cuts.

The S&P 500's rebound looks a lot thinner once AI enablers are stripped out.

Dell Technologies stock was rising again on Tuesday, putting the PC and server maker on track to lock in its longest winning streak in more than eight years. The stock has been on a tear lately, surging thanks to stellar first-quarter earnings and a new laptop to compete with Apple latest hardware. Dell has closed higher for eight sessions in a row, surging 98% over that period.

The world’s only $5 trillion company can sell the concept that AI computing won’t be confined to data centers.

The numbers don't add up for SpaceX's astronomical IPO valuation.

Duquesne Family Office's billionaires boss nearly parted ways with his former No. 7 holding in favor of a skyrocketing stock that's benefiting from the AI data center build-out.

(Bloomberg) -- SK Hynix Inc. plans to double its memory chip capacity over the coming half-decade, a major expansion that should help ease a global shortage of an essential component of AI.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit

Data from Stocktwits shows that retail sentiment has held at ‘bullish’ on SPY, but sits at a cautious ‘neutral’ on QQQ.

Hewlett Packard Enterprise shares rallied nearly 29% in premarket trade on Tuesday, as investors cheered ‌the AI server maker pulling forward its long-term financial ‌targets by two years, buoyed by strong AI infrastructure demand. HPE, which competes with ​Dell Technologies and Super Micro Computer in enterprise servers, is seeing sustained demand as large enterprises bring forward purchases to avoid supply risks amid surging memory chip prices. Hyperscalers including Alphabet and Amazon ‌are set to spend ⁠more than $700 billion on AI infrastructure this year, likely boosting demand for HPE's server and networking ⁠products.

This could be a safe and easy way to get in on the SpaceX story.

Musk defended SpaceX's lofty valuation, noting that Tesla's IPO market cap was just 0.1% of its current $1.3 trillion value.