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SpaceX (SPCX) Is Up 14.9% After Record IPO And $60 Billion Cursor AI Deal - What's Changed
Simply Wall St.60d agoneutral
SpaceX (SPCX) Is Up 14.9% After Record IPO And $60 Billion Cursor AI Deal - What's Changed

In mid-June 2026, Space Exploration Technologies Corp. completed the largest IPO in history, raising roughly US$75–86 billion and rapidly secured inclusion in major Nasdaq indexes while agreeing to acquire AI coding platform Cursor in an all-stock deal valued at US$60 billion. These moves accelerate SpaceX’s shift from pure launch and satellite operations toward AI infrastructure and enterprise software, with Google and Anthropic signing multiyear GPU and data-center contracts worth tens of...

Amazon points to water conservation steps in India amid data centre scrutiny
Reuters60d agoneutral
Amazon points to water conservation steps in India amid data centre scrutiny

Amazon said on Friday its Indian operations had reached a major milestone in ‌water conservation, at a time when global tech giants face increasing pressure ‌over their expansion of resource-hungry AI data centres. The U.S.-based company announced it had turned "water positive" in ​India this year - meaning it returns more water to communities than it uses across its operations, which include data centres, corporate offices and warehouses. Amazon, Microsoft and Alphabet's Google are among companies that are facing shareholder and activist pushback ⁠over the environmental impact of data centre projects, Reuters reported earlier this year.

JPMorgan latest Broadcom outlook sends key signal
TheStreet61d agoneutral
JPMorgan latest Broadcom outlook sends key signal

Somewhere in the past few weeks, a supply chain rumor got out that a chip program Broadcom has been working on with Google might be running late. Nobody confirmed it. No contract was lost, no customer pulled back, no earnings were restated. Just a rumor, and yet Broadcom's stock shed nearly 7% in ...

PLTR Stock: The Math Hidden In Its Price
Trefis61d agoneutral
PLTR Stock: The Math Hidden In Its Price

Palantir Technologies (PLTR) stock trades at $130.63 per share, a market cap of $312.7B, and 137.1x trailing P/E. That is a meaningful premium. The question is not whether the stock is "cheap" or "expensive" in the abstract. It is what the market is implicitly assuming about the business in order to justify paying this price.

How Does Alphabet Inc (GOOGL)’s Metaverse Push Look Like?
Insider Monkey61d agoneutral
How Does Alphabet Inc (GOOGL)’s Metaverse Push Look Like?

Alphabet Inc (NASDAQ:GOOGL) is one of the most promising metaverse stocks to buy now. Alphabet shares have more than doubled over the past year, and the Street sees more upside potential in the stock. On June 11, Alphabet Inc (NASDAQ:GOOGL)’s Google unit announced a nationwide rollout of its interactive home listing ads. This ad format […]

Bloomberg61d agoneutral
Meta Strikes New AI Computing Deals With Data Center Firm Crusoe

(Bloomberg) -- Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support an ambitious artificial intelligence expansion.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USNYC Greek Eatery Ki

A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.
Barrons.com61d agoneutral
A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.

This past week, a group of AR devotees gathered at the AWE USA conference in Long Beach, Calif. Everyone there is betting that augmented-reality glasses will eventually come out on top. AWE sponsors included Meta Platforms,   Alphabet Google, and Nvidia but the headline sponsor and star of the show was Snapchat parent Snap and the launch of its new Specs AR glasses, at an eye-watering price point of $2,195. No company has made as focused a bet on AR as Snap.

Google’s AI Superstar Is Joining OpenAI. Alphabet Stock Is Doing Just Fine.
Barrons.com61d agoneutral
Google’s AI Superstar Is Joining OpenAI. Alphabet Stock Is Doing Just Fine.

One of the world’s leading artificial-intelligence researchers is leaving Alphabet for OpenAI, dealing a blow to the Google parent in the war for AI talent. Noam Shazeer, who co-led the development of Google’s Gemini AI models, announced his departure in a social media post Wednesday night. The move comes less than two years after Google doled out $2.7 billion to bring back Shazeer after he left the company to found a start-up in 2021.

The Magnificent 7 Debt Binge is Sending a Crystal Clear Message to Wall Street. But Are Investors Paying Attention?
24/7 Wall St.61d agoneutral
The Magnificent 7 Debt Binge is Sending a Crystal Clear Message to Wall Street. But Are Investors Paying Attention?

Jim Cramer used his Mad Money platform this week to make the case that the Magnificent 7’s appetite for capital is sending an unmistakable signal to investors who actually pay attention to corporate plumbing: the big banks are about to print money. On the June 18, 2026 episode, Cramer argued that Nvidia alone raised $25 ... The Magnificent 7 Debt Binge is Sending a Crystal Clear Message to Wall Street. But Are Investors Paying Attention?

Alphabet (GOOGL) Announces $1.5 Billion Investment Across 2026 And 2027 To Expand Its Alabama Data Center Campus
Insider Monkey61d agoneutral
Alphabet (GOOGL) Announces $1.5 Billion Investment Across 2026 And 2027 To Expand Its Alabama Data Center Campus

Alphabet Inc. (NASDAQ:GOOGL), with an upside potential of 19.55%, ranks among the best AI advertising stocks to buy. On June 15, 2026, Alphabet Inc. (NASDAQ:GOOGL)’s Google announced a $1.5 billion investment across 2026 and 2027 to expand its data center campus in Jackson County, Alabama, alongside new energy affordability and community education initiatives. Google has […]

Warren Buffett Just Tripled Down on the Stock Bill Ackman Is Selling
24/7 Wall St.61d agobearish
Warren Buffett Just Tripled Down on the Stock Bill Ackman Is Selling

Berkshire Hathaway (NYSE:BRK.B), now run by CEO Greg Abel with Warren Buffett serving as chairman, disclosed in Q1 2026 13F filings that it nearly tripled its Alphabet stake to roughly 57.8 million shares worth about $16.6 billion, vaulting Alphabet (NASDAQ:GOOGL) into a top-five Berkshire holding. In the same window, Bill Ackman’s Pershing Square reportedly liquidated more ... Warren Buffett Just Tripled Down on the Stock Bill Ackman Is Selling

Bloomberg61d agoneutral
SpaceX Bankers Prepare for Bond Sale of at Least $20 Billion

(Bloomberg) -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USA