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Jim Cramer has bold new take on Elon Musk's SpaceX IPO
TheStreet80d agoneutral
Jim Cramer has bold new take on Elon Musk's SpaceX IPO

There is always one IPO that defines a generation of investors. For people who started buying stocks in the 1990s, it was Microsoft (MSFT) and Amazon (AMZN). For millennials, it was Facebook and Tesla (TSLA). Each one arrived with the same problem, a valuation that looked impossible right up until ...

Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign
Bloomberg80d agoneutral
Micron’s Cheap Stock Valuation Seen as a Contrarian Warning Sign

(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil S

Snowflake Stock Jumps After Amazon Chip-Deal Report
The Wall Street Journal80d agobullish
Snowflake Stock Jumps After Amazon Chip-Deal Report

Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.

Why Walmart’s Post-Earnings Dip Is A Diversification Play
Trefis81d agoneutral
Why Walmart’s Post-Earnings Dip Is A Diversification Play

Walmart (NASDAQ: WMT) stock has dropped 11% over the past five trading days. This downturn comes right on the heels of the company's recent Q1 2027 earnings release, where, despite strong e-commerce growth and beating revenue forecasts, the stock faced immediate pressure. It is a pullback that should make investors take notice.

An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)
24/7 Wall St.81d agoneutral
An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)

The biggest IPO conversation right now centers on SpaceX’s reported June 12 listing. Gavin Baker, founder and Chief Investment Officer of Atreides Management, thinks investors are watching the wrong name. On a recent episode of the Invest Like the Best YouTube channel, Baker argued that Anthropic, the private AI lab behind Claude, has a more ... An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)

Starlink, Amazon can bid for EU mobile satellite spectrum, Commission says
Reuters81d agobearish
Starlink, Amazon can bid for EU mobile satellite spectrum, Commission says

Non-European satellite operators such as Elon Musk's Starlink and Amazon's low-earth-orbit business can bid for mobile satellite spectrum, the European ‌Commission said on Wednesday, leaving the door open to U.S. companies while also decreasing the ‌share of spectrum they will be able to acquire. But the push has been marked by internal divisions at the Commission, with some wanting to be more aggressive and others wanting a more gradual line. Two thirds of the ‌available spectrum will be divided equally ⁠between EU and non-EU operators for commercial use, the EU executive said, confirming a Reuters report.

Amazon invests $20 billion in UK in 2025
Reuters81d agoneutral
Amazon invests $20 billion in UK in 2025

Amazon invested over £15 billion ($20 billion) in Britain in ‌2025, keeping the e-commerce giant ‌on track to deliver its planned £40 billion investment ​in the three years to the end of 2027, it said on Wednesday. Investments in 2025 included the launch of new ‌operational sites, expanded ⁠studio production facilities and office space, as well as the ⁠start of a drone deliveries trial. Updating on its annual UK economic impact and ​tax disclosure, ​Amazon also ​said: • In 2025, the ‌total revenues of its activities in the UK were more than £30 billion.

Bloomberg81d agoneutral
ByteDance Weighs Capex of as Much as $70 Billion in AI Push

(Bloomberg) -- ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is considering increasing its capital spending to more than double last year’s in a bid to lead the Chinese AI market and challenge the top US players abroad.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Di

Analysis-Europe's push to break Big Tech's grip tempered by internal debate
Reuters81d agoneutral
Analysis-Europe's push to break Big Tech's grip tempered by internal debate

European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile satellite spectrum and limiting large multinationals' access to EU cloud tenders. On Tuesday, ‌Reuters reported Brussels was likely to leave an opening for Elon Musk's Starlink and Amazon's low-earth-orbit satellite business Leo to acquire lucrative European ‌mobile satellite spectrum next year as a result of a compromise that will reserve the bulk of frequencies for European firms. A separate decision on EU cloud tenders set for June 3 is expected to ​temper the influence of U.S. firms such as Amazon, Alphabet's Google and Microsoft, which dominate the global cloud market with a combined 63% share.

Nvidia CEO has blunt message on AI layoffs in 2026
TheStreet81d agobearish
Nvidia CEO has blunt message on AI layoffs in 2026

Amazon cited AI efficiency when it eliminated 16,000 corporate roles. Microsoft cited AI when it cut more than 15,000 positions. Across Big Tech, the explanation for layoffs has become almost predictable: we are doing more with less, and AI is why. Jensen Huang has a problem with that story. And he ...

Cloudflare CEO disagrees with Bezos on Al and US jobs
TheStreet81d agoneutral
Cloudflare CEO disagrees with Bezos on Al and US jobs

There is a particular comfort in the idea that the boss and the billionaire agree on the future. It saves you the trouble of picking a side. It saves you the harder trouble of figuring out which one is selling you something. For the past week, American workers got the optimistic version of that ...

Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending
24/7 Wall St.82d agoneutral
Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

During a recent episode of The Pomp Podcast featuring guest Jordi Visser, host Anthony Pompliano highlighted a striking proposal from Amazon (NASDAQ:AMZN) founder Jeff Bezos. Bezos believes the bottom 50% of Americans should pay no federal taxes. According to the discussion, the bottom half of earners currently contribute only 3% of the federal budget, which lends credence ... Jeff Bezos Says Bottom 50% of Americans Should Pay No Taxes. The Real Culprit Is Federal Spending

Reuters82d agobullish
Exclusive-European companies set to receive two thirds of future mobile satellite spectrum, rest for non-EU firms, sources say

The European commission ‌is set to ‌allocate two thirds of ​lucrative mobile satellite spectrum to European companies, with the rest ‌available ⁠for non-European rivals such as Elon ⁠Musk's Starlink and Amazon's low-earth-orbit ​satellite business ​Leo, ​people with direct ‌knowledge of the matter said on Tuesday. The EU executive will next year allocate ‌mobile satellite ​spectrum currently ​used ​by American ‌companies Viasat and EchoStar ​and ​which is due to expire in ​May ‌2027.

Reuters82d agoneutral
Logistics startup Stord raises $250 million at $3 billion valuation

Logistics startup Stord said on Tuesday it raised nearly $250 million in a late-stage funding round at ‌a $3 billion valuation, and launched Stord Labs to advance ‌physical intelligence. The funding highlights investor confidence in platforms that provide independent brands with ​the technological infrastructure needed to challenge the dominance of e-commerce giants such as Amazon. Here are some details: • Stord Labs will serve as a research base for the company to test agentic AI, robotics and ‌automation against live fulfillment ⁠data to improve warehouse operations.

Who owns Amazon? Top executives and institutional investors
TheStreet83d agoneutral
Who owns Amazon? Top executives and institutional investors

Amazon is the biggest online retailer in the world, and its market capitalization of $2.9 trillion makes it the fifth-largest company. Its spectacular stock price gain since its IPO has made founder Jeff Bezos a billionaire many times over and minted millionaires among early investors who held onto ...

XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season
24/7 Wall St.83d agoneutral
XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

The ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) sits at an awkward crossroad heading into summer 2026. Shares trade near $19.08, down 5% year-to-date even as the public-side AI mega-caps it holds have ripped higher. That disconnect matters because XOVR is the rare ETF that pairs late-stage private growth (SpaceX is the publicly known anchor) with public ... XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

Musk Dreams of Interplanetary Profit
The Wall Street Journal84d agoneutral
Musk Dreams of Interplanetary Profit

Plus, voice-powered writing in Google Docs, the coming “vibe slop” crisis, the rising AI backlash and Apple’s success with imperfect chips.

Hyperscaler Debt Flood Brings Derivatives Bonanza
Bloomberg84d agoneutral
Hyperscaler Debt Flood Brings Derivatives Bonanza

(Bloomberg) -- As big tech companies raise hundreds of billions of dollars to fund artificial intelligence investments, Wall Street banks are increasingly finding they have to trade more credit derivatives to keep doing business with the hyperscalers.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentTrump’s 3,711 Trades Point to Multiple Stock-Market StrategiesTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE Joins Saudis, Qatar in Urging Trump Not