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Bloomberg46d agoneutral
SoftBank Plans AI Cloud Services in US to Tap Surging Demand

(Bloomberg) -- SoftBank Group Corp. and its telecom unit will start renting AI computing resources to US companies next fiscal year in a bid to capitalize on the company’s growing pipeline of data center projects.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerExxon to Change Name for First Time in Decades After RedomicileKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IP

Arista Networks, Inc. (ANET) announced the 7060XE7 Series
Insider Monkey46d agoneutral
Arista Networks, Inc. (ANET) announced the 7060XE7 Series

Arista Networks, Inc. (NYSE:ANET) is one of the 10 Best Fundamentally Strong Stocks to Buy for Long Term. On 9 June, Arista Networks, Inc. (NYSE:ANET) announced the 7060XE7 Series, a portfolio of 1.6-terabit networking platforms for rack-scale AI infrastructure. The firm said the systems help scale-up and scale-out AI fabrics and are designed for air, […]

CoreWeave (CRWV) Is Down 15.1% After Meta Weighs Selling Excess AI Compute Capacity – What's Changed
Simply Wall St.46d agobearish
CoreWeave (CRWV) Is Down 15.1% After Meta Weighs Selling Excess AI Compute Capacity – What's Changed

In late June 2026, CoreWeave launched ARIA, an AI research agent embedded in Weights & Biases that automates experiment analysis and continuous model improvement, while also expanding its AI cloud footprint in Europe through a renewable-powered co-location deal with Conapto and a multi-exabyte storage partnership with Backblaze. At the same time, investor anxiety has risen as Meta Platforms, a major CoreWeave customer, explores selling its own excess AI compute capacity, intensifying...

Microsoft reportedly makes another brutal workforce move
TheStreet46d agoneutral
Microsoft reportedly makes another brutal workforce move

The AI boom created a ton of winners on Wall Street. However, it also created an incredibly unforgettable story for workers. Tech behemoth Microsoft (MSFT) is reportedly preparing a fresh round of layoffs, according to Business Insider, in a move that could be announced as early as next ...

VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands
24/7 Wall St.46d agoneutral
VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands

Vanguard’s tech ETF sells itself on cost. At 0.09%, Vanguard Information Technology Index Fund ETF (NYSEARCA:VGT) sits near the floor of sector ETF pricing. That headline number is real. It is also the least interesting cost in the fund. What You Are Actually Paying The sticker fee reflects the fund’s 0.09% net expense ratio disclosed ... VGT’s 0.09% Fee Hides a Bigger Problem: Overlap Costs That Could Add Up to Tens of Thousands

‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One
24/7 Wall St.46d agoneutral
‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One

Jim Cramer spent Monday night on Mad Money doing something television hosts rarely do on camera: calling himself an idiot. A viewer named Kyle phoned in about her Corning (NYSE:GLW) position, worried about the wild swings, and Cramer used the question to torch his own track record on the mega-caps before validating her thesis. Kyle ... ‘I’m the Biggest Idiot in the World’: Cramer Torches His Own Tech Calls but Backs This One

Why Is Reddit (RDDT) Stock Soaring Today
StockStory46d agobullish
Why Is Reddit (RDDT) Stock Soaring Today

Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 12% in the afternoon session after optimism continued around its AI data-licensing leverage (it's pushing Google and OpenAI for higher, "dynamic" pricing on 2027 renewals), layered on a strong risk-on session for internet and advertising names.