JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b
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Britain's competition watchdog set out two conduct requirements for Google's search services under its regulatory regime to secure "a fairer deal" for businesses and improve Google search services in the country. The first requires Google to improve transparency and fairness in how search results are ranked, while the second requires Google to allow users to move their search data to authorised third parties, the Competition and Markets Authority said in a statement on Wednesday.
Coming into Wednesday trading, shares were up almost 50% from their $135 IPO price, valuing the company north of $2.6 trillion.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
As the largest cloud companies design more of their own AI chips, two semiconductor specialists are capturing a fast-growing slice of that spending.
(Bloomberg) -- A startup backed by former Google Chief Executive Officer Eric Schmidt unveiled an industrial robot powered by artificial intelligence, as investors pile into the emerging field of humanoids. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealModi Warns of ‘Shortage of Trust’ Ahead o
Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity gives the company a launchpad to land more enterprise customers.
HSBC on Wednesday announced a multi-year partnership with Alphabet Inc-owned Google Cloud focused on building the British bank's artificial intelligence capabilities. The tie-up marks the latest step in HSBC CEO Georges Elhedery's drive to embrace the revenue-generating and cost-savings power of AI which can process vast amounts of data, automating tasks previously done by people. The partnership, which HSBC said will focus on areas such as advice for wealth management clients and financial crime risk management, shows how banks worldwide are accelerating their adoption of AI as they compete in a technology arms race with each other.
Both Nvidia and Alphabet have big chip opportunities ahead.
The world's richest man keeps getting richer, as investors clamor for a piece of the action.
The Dow Jones hit a new high and SpaceX kept rising. But chips and most AI stocks fell. Fed chief Kevin Warsh's comments will be in focus Wednesday.
Tesla says the proposed rules are overly strict and would effectively block its autonomous technology from operating in the state.
Snap's Chief Executive Evan Spiegel jabbed at rival Meta and explained why he thinks smart glasses represent the "next major leap in computing" at a conference in Long Beach.
Amazon.com may face a U.S. Federal Trade Commission lawsuit that could result in civil penalties, following allegations that the e-commerce giant misled advertisers, Bloomberg News reported on Tuesday. The FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. The agency has been investigating whether Amazon and Alphabet's Google misled advertisers that place ads on their websites, Reuters reported last year.
Yahoo Finance Markets & Data Editor Jared Blikre tracks SpaceX's (SPCX) historic rise following its IPO debut on Friday. The aerospace giant has been on a meteoric run, jumping to become the fourth-largest company in the world by market capitalization as investors pile into one of the market's most closely watched new listings.
Databricks says AI demand and customer switches helped its warehousing business more than double over the past year.
Apple Inc. (NASDAQ:AAPL) shares have declined following important AI-related announcements at the WWDC 2026 conference. The falling investor sentiment comes as the company was not able to meet AI advancement expectations. However, the Street sees the conference as a meaningful step for Apple. Apple Inc. (NASDAQ:AAPL) is also one of our Top Stocks to Buy […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the Top Stocks to Buy and Hold for the Long Term. On June 11, Reuters reported that Google is reportedly in discussions with Samsung Electronics to manufacture part of its next-generation AI processor. As per the report, the prospective plan involves a split manufacturing approach, where TSMC would produce […]
Buying shares in these three public companies offers investors backdoor exposure to the AI powerhouse.
Palantir Technologies (PLTR) has spent years trying to convince Wall Street that it can become one of the most important software companies in the artificial intelligence boom. Its most recent action does just that. Palantir said on June 4 its software is available through the Google Cloud ...
Space Exploration Technologies Corp. (NASDAQ:SPCX) just became the fifth-most-valuable company on the planet — and it took three trading sessions to do what Amazon.com Inc. needed nearly three decades to achieve. Elon Musk's rocket and satellite company priced its initial public offering at $135 a share on June 12 in the largest IPO in history. By midday Tuesday, the stock had jumped nearly 60% to around $213, lifting its market value to nearly $2.75 trillion and pushing it past Amazon's roughly
Jeff Bezos is back in an operating seat for the first time since stepping down from Amazon (NASDAQ:AMZN), pointing a $12 billion war chest at what he calls the engine of civilizational wealth: invention itself. In a CNBC interview on June 11, 2026, Bezos and co-CEO Vik Bajaj outlined Prometheus, a Series B round raising ... Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
After SpaceX’s (NASDAQ: SPCX) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based on inflation-adjusted dollars). His net worth has risen to $653 billion this year. That increase alone is larger than the net worth of the second-richest ... Who Is The World’s Second Richest Person?