Topic: stock performance
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Oracle Stock Drops After $15B Data Center Spending Hike
Oracle's stock fell after its earnings report, as revenue missed expectations and the company announced a sharp $15 billion increase in capital expenditures to aggressively invest in AI data center infrastructure. The company is making these massive investments to compete with cloud giants and me...
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Microsoft (MSFT) Stock Rises on Xbox Price Hike News
Microsoft's stock rose amid speculation of a potential Xbox console price increase, driven by supply chain pressures and component shortages affecting the tech industry. A report suggests Microsoft may raise Xbox prices and reduce production due to supply constraints, while rival Sony has secured...
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Intel Stock Dips as Panther Lake CPU Lineup Reportedly Leaks
Intel's stock declined slightly despite a leak revealing details of up to 12 Panther Lake processors, reflecting investor concerns over the company's competitive challenges in the semiconductor sector. The leaked specifications include unusual naming conventions and a downgrade in integrated grap...
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Intel's Comeback: How It Regained Relevance and Is Winning Again
Intel has staged a market recovery, driven by new AI partnerships and a critical $16 billion investment package, which has boosted its share price and investor confidence. The company's recent struggles, including steep financial losses and a declining stock, stemmed from strategic missteps, such...
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Nvidia Soars to $5 Trillion Milestone as CEO Rejects AI Bubble Fears
Nvidia has become the first company to reach a $5 trillion market capitalization, driven by securing $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government, surpassing Apple and Microsoft. CEO Jensen Huang dismissed concerns of an AI bubble, citing strong d...
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Josh Brown: Apple's AI Push Changes Everything for the Stock
Apple's AI chatbot Veritas, currently an internal project, could significantly boost the company's stock if publicly launched, as it offers personalized, context-aware responses based on user data. The market has not yet priced in the potential impact of Veritas, with current analyst models overl...
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AI Stock Split: The Winners, Losers, and Why
AI investment gains are heavily concentrated in companies providing essential infrastructure like data management and computing power, rather than in application-focused software firms. Infrastructure providers like Snowflake and Oracle are thriving due to the foundational role of data in AI, wit...
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NVIDIA Invests $5 Billion in Intel Stock
NVIDIA has invested $5 billion in Intel, acquiring a 4% stake and causing Intel's stock to surge over 28% in premarket trading. The partnership involves Intel manufacturing custom x86 CPUs for NVIDIA’s AI platforms and co-developing data center and PC products. This collaboration aims to integrat...
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Nvidia CEO Dismisses AI Bubble Fears as Investors Stay Wary
Nvidia CEO Jensen Huang dismissed AI bubble speculation, asserting that sustained demand for their processors is driven by a technological revolution across all industries. The company dominates the AI-capable GPU market with a $500 billion order backlog, fueled by the ChatGPT release, yet faces ...
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Groww IPO Raises $750M Amid India's Investing Boom
Groww launched India's largest fintech IPO this year, raising ₹66.3 billion and achieving a 29% surge in share price, boosting its market valuation to around ₹795 billion. Founded in 2016, the platform targets novice investors and competes with established firms, supported by a user base of over ...
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Beta Technologies Soars on NYSE Debut, Raises $1 Billion
Beta Technologies successfully completed its IPO, raising $1 billion and achieving a $7.4 billion valuation, with shares closing at $36 after an initial dip. Founder Kyle Clark pursued an unconventional strategy, securing funding from major institutions like Fidelity and Amazon while avoiding Sil...
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Netflix Launches TV Video Games for Subscribers
Netflix is expanding into interactive entertainment by launching TV-based video games that subscribers can play using their smartphones as controllers, eliminating the need for a separate console. This strategic move aims to broaden Netflix's content portfolio and capture a share of the growing g...
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Pinterest CEO: Open Source AI Boosts Performance, Cuts Costs
Pinterest is aggressively integrating open-source AI models across its platform, achieving significant performance gains and cost reductions for functions like personalized content and advertising. Despite a revised revenue forecast and stock decline due to economic pressures, the company is leve...
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How AMD's Stock Will Fund OpenAI's Billion-Dollar Chip Deal
OpenAI will fund its multi-billion dollar AMD chip purchases using stock warrants, receiving up to 160 million shares as it helps AMD improve its Instinct GPU line and deploys significant computing capacity. The partnership could see AMD's stock value surge, potentially making OpenAI's stake wort...
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Pony.ai to Triple Robotaxi Fleet by 2026
Pony.ai plans to triple its robotaxi fleet to over 3,000 vehicles by the end of 2026, expanding from its current operations in major Chinese cities and internationally through partnerships. The company reported a 72% year-over-year revenue increase to $25.4 million in Q3, driven by robotaxi servi...
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Microsoft Stock Dips as Analysts Warn of Steam Machine Threat
Microsoft's stock dipped due to investor concerns over Valve's Steam Machine potentially disrupting the console market and accelerating a shift away from traditional hardware. The Steam Machine poses a strategic threat by commercializing a PC-console hybrid model that could relegate Microsoft to ...
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AMD Partners with OpenAI to Rival Nvidia in AI Chips
AMD and OpenAI have formed a five-year strategic alliance, with AMD supplying six gigawatts of processing capacity to challenge Nvidia's dominance in the AI chip market. The partnership is projected to generate tens of billions in revenue for AMD and includes an option for OpenAI to acquire a sig...
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Meta Slashes Metaverse Budget by 30%
Meta is reportedly planning significant budget and workforce cuts for its Metaverse division, signaling a major strategic recalibration away from its heavy investment in virtual reality. The move reflects a lack of market traction for its Metaverse products and investor pressure, as the costly in...
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AMD to power OpenAI with $10B+ chip deal for 6GW compute
AMD has entered a multi-year agreement to supply OpenAI with six gigawatts of compute capacity using its Instinct GPU accelerators, starting with the MI450 series in late 2026. As part of the deal, OpenAI received an option to purchase up to 160 million AMD shares, vesting with compute delivery a...
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Rocket Report: European Reuse Test Delayed; NASA Upgrades SLS for Artemis II
A potential US government shutdown could significantly impact NASA's science missions, though the Artemis II mission remains on track for a February launch if the shutdown is brief. Rocket Lab plans to raise up to $750 million through a new share offering to support development of its Neutron roc...
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Nvidia Q1 Revenue Soars 69%, Crushing Estimates
Nvidia's Q1 revenue surged 69% year-over-year to $44.1 billion, despite a $4.5 billion charge from export restrictions impacting its China business. CEO Jensen Huang highlighted strong demand for AI infrastructure, including the Blackwell NVL72 supercomputer, and forecasted Q2 revenue of $45 bill...
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Klarna's $1.4B IPO Soars, Sequoia Reaps Biggest Rewards
Klarna successfully launched its IPO on the New York Stock Exchange, raising $1.4 billion and achieving a market valuation of $15 billion with strong initial trading performance. The majority of shares sold came from existing investors like Sequoia Capital and BlackRock, who partially cashed out ...
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