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Alphabet Stock Gains on First Day as a Dow Member
Barrons.com49d agoneutral
Alphabet Stock Gains on First Day as a Dow Member

The shares were up 1.3% in premarket trading. The Google-parent is replacing Verizon Communications in the 30-stock Dow index from Monday’s session, in a move announced last week. Because the Dow is a price-weighted index—meaning stock price rather than market capitalization determine the weighting of each company—few funds choose to replicate its composition.

CoreWeave (CRWV) Secures $99 Billion Backlog With Nvidia, Meta, Microsoft And OpenAI
Simply Wall St.50d agoneutral
CoreWeave (CRWV) Secures $99 Billion Backlog With Nvidia, Meta, Microsoft And OpenAI

CoreWeave (NasdaqGS:CRWV) has disclosed a $99b backlog tied to large AI infrastructure contracts. The company is supplying GPU cloud capacity to major partners including Nvidia, Meta, Microsoft, and OpenAI. These agreements reflect long term commitments for AI workloads across hyperscalers and leading AI labs. CoreWeave sits at the center of rising demand for high performance compute, with the stock trading at $96.58 and up 21.8% year to date. This comes despite the shares being down 18.1%...

AI Demand Is Outstripping Supply — Even Google Can’t Keep Up
24/7 Wall St.50d agoneutral
AI Demand Is Outstripping Supply — Even Google Can’t Keep Up

Artificial intelligence has moved beyond proving it works. The challenge today is producing enough computing power to satisfy demand. Big Tech is spending hundreds of billions of dollars building AI infrastructure, yet companies are still finding themselves short on capacity. That indicates AI adoption is accelerating faster than the industry’s ability to support it. The ... AI Demand Is Outstripping Supply — Even Google Can’t Keep Up

Qualcomm (QCOM) Unveils AI Data Center Push With Meta Microsoft And Modular
Simply Wall St.50d agoneutral
Qualcomm (QCOM) Unveils AI Data Center Push With Meta Microsoft And Modular

Qualcomm (NasdaqGS:QCOM) has outlined a broad AI data center plan that includes new partnerships with Meta and Microsoft. The company introduced its Dragonfly C1000 CPU and a new High Bandwidth Compute architecture for AI workloads. Qualcomm confirmed the acquisition of AI software company Modular to build an ecosystem that can compete with Nvidia’s CUDA. Qualcomm is best known for its smartphone processors, and the new AI data center push signals a wider focus on infrastructure and cloud...

Is Virtuix (VTIX) Using Meta’s Quest Tie-In to Redefine Its XR Platform Ambitions?
Simply Wall St.50d agoneutral
Is Virtuix (VTIX) Using Meta’s Quest Tie-In to Redefine Its XR Platform Ambitions?

In June 2026, Virtuix Inc. launched Omni One for Quest, integrating its omni-directional treadmill with Meta Quest 2 and Quest 3 headsets under Meta’s “Made for Meta” program and featuring the system in the Meta Store with bundled, Omni-optimized games. This move not only connects Virtuix to millions of active Quest users but also deepens its position in full-body XR interaction, creating broader opportunities for recurring content partnerships and defense-oriented training...

Is Meta Platforms (META) One of the Top Trending US Stocks to Buy Now?
Insider Monkey51d agobullish
Is Meta Platforms (META) One of the Top Trending US Stocks to Buy Now?

Meta Platforms, Inc. (NASDAQ:META) is one of the top trending US stocks to buy now. Reuters reported on June 22 that Kunal Shah, founder of the Indian fintech ​firm, ​will become ​Meta-owned WhatsApp’s new ⁠leader, according to Meta Platforms, Inc.’s (NASDAQ:META) ​current head Will Cathcart statement ​on ​Monday in a ‌post ⁠on X. It further […]