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Magnificent Seven Has Gained $3 Trillion in Market Value During Iran War
The Wall Street Journal105d agoneutral
Magnificent Seven Has Gained $3 Trillion in Market Value During Iran War

Here’s one way of sizing up the resurgence of the tech trade: The combined market cap of the Magnificent Seven is up $3 trillion since the start of the Iran war, according to Dow Jones Market Data. The seven tech titans—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla—are, for the most part, riding high on excitement over artificial intelligence.

Google has bit more time to address concerns in EU investigation, EU Commission says
Reuters105d agobearish
Google has bit more time to address concerns in EU investigation, EU Commission says

EU regulators are giving Alphabet's Google a little bit ‌more time to sooth their concerns ‌after a previous proposal from the company fell short, ​the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a ‌solution that really ⁠addresses the concerns that were raised in the case and in the ⁠preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The ​Commission, which acts as ​the EU competition ​enforcer, has charged Google with ‌breaching the Digital Markets Act, ​which aims ​to rein in the power of Big Tech, and is in the midst ​of finalising ‌its decision that could include a fine ​against Google.

TSMC’s Sales Grow Slowest in Months Even as AI Buildout Persists
Bloomberg105d agoneutral
TSMC’s Sales Grow Slowest in Months Even as AI Buildout Persists

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fueled pace of growth.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Ope

Bloomberg105d agoneutral
Rich Families Are Target Clients for New AI-Powered Consultancy

(Bloomberg) -- When Tony Cowell retired in 2023 from a three-decade career advising private equity and hedge funds from the Cayman Islands at KPMG LLP, AI was still relatively nascent.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Ho

No AI, Poor Returns Drive Indian Investors to Foreign Markets
Bloomberg105d agoneutral
No AI, Poor Returns Drive Indian Investors to Foreign Markets

(Bloomberg) -- Investors in India, long focused almost entirely on domestic markets, are increasingly starting to look outward.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogChina Asks Banks to Pause New Loans to US-Sanctioned RefinerA growing number are moving mone

The 2026 Chip War Is Already Over and Apple Dominated
24/7 Wall St.105d agoneutral
The 2026 Chip War Is Already Over and Apple Dominated

The 2026 chip war is over. Apple (NASDAQ:AAPL) won it in procurement meetings, well before product launches. The market is just catching up. Apple’s $287.44 share price and $4.22 trillion market cap already reflect what the silicon industry figured out two quarters ago: when you control the most advanced node and the scarcest memory, the ... The 2026 Chip War Is Already Over and Apple Dominated

NVIDIA Corporation (NVDA): Should Not Be Touched?
Insider Monkey106d agoneutral
NVIDIA Corporation (NVDA): Should Not Be Touched?

We just covered Sell These 4 Stocks and Go All In on These 3 Stocks Before May 9th for 100x Returns? and NVIDIA Corporation (NASDAQ:NVDA) ranks 7th on this list. NVIDIA Corporation (NASDAQ:NVDA) remains the dominant force in AI, but several specific headwinds have led some social media stock experts to the conclusion that the […]

iShares Core S&P Total U.S. Stock Market ETF’s 0.03% Fee and BlackRock Scale Face Off Against Vanguard Total Stock Market ETF’s Structural Advantages
24/7 Wall St.106d agoneutral
iShares Core S&P Total U.S. Stock Market ETF’s 0.03% Fee and BlackRock Scale Face Off Against Vanguard Total Stock Market ETF’s Structural Advantages

Vanguard Total Stock Market ETF (NYSEARCA:VTI) and iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) both promise the entire investable US equity market in a single ticker. Yet the index each fund tracks, the issuer behind it, and the fee structure differ in ways that matter once you commit real capital. With volatility now ... iShares Core S&P Total U.S. Stock Market ETF’s 0.03% Fee and BlackRock Scale Face Off Against Vanguard Total Stock Market ETF’s Structural Advantages

OGE Energy Balances Earnings Miss With New Google Data Center Deal
Simply Wall St.106d agobearish
OGE Energy Balances Earnings Miss With New Google Data Center Deal

OGE Energy (NYSE:OGE) reported first quarter earnings that fell short of expectations, with results affected by mild weather and higher maintenance expenses. The company also announced a power supply agreement with Google to serve three new data centers, a deal that will require regulatory approval. The combination of weaker quarterly earnings and the new data center contract highlights a shift in OGE Energy's near term performance and long term commitments. OGE Energy enters this news...

Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.
24/7 Wall St.106d agoneutral
Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.

You are being shown one number. Mark Zuckerberg told 8,000 Meta employees in early May that their jobs were a casualty of the company’s AI infrastructure budget. Amazon has cut roughly 30,000 roles in the last five months. Microsoft has shed about 125,000 through “voluntary” departures. Alphabet is in the middle of an ongoing 1,500. ... Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.

Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.
Barrons.com106d agoneutral
Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.

Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”