Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Chip Stocks Slide on Synopsys Pivot; Meta Rises Despite $1.4 Trillion Legal Threat
Big Tech had a split-screen Tuesday: chip stocks slid after Synopsys reworked its product focus, while Meta's shares ticked up even as it fa
Amazon Returns to Bond Market for $25 Billion to Fund AI Infrastructure
Amazon is raising at least $25 billion through a new bond sale, its second major debt offering this year. The funds will likely go toward AI
Samsung Profit Soars 19-Fold, Yet Stock Drops 7% on AI Hype Fatigue
Samsung's second-quarter profit skyrocketed 19 times higher than last year, driven by AI chip demand. Despite beating expectations, investor
SpaceX Launch Dominance Is the Engine, but Starlink Hype May Be Overdone, Says MoffettNathanson
MoffettNathanson argues SpaceX's near-dominant launch business is the flywheel enabling future growth, but warns Starlink and other ventures
Chip Stocks Plunge as DeepSeek Develops Its Own AI Chip, Nasdaq Drops 1%
Chip stocks sank after Reuters reported China's AI startup DeepSeek is working on its own AI chip. The Nasdaq fell more than 1% and the Phil
SpaceX Joins Nasdaq-100, Triggering $4.3 Billion in Index Fund Buying
SpaceX joined the Nasdaq-100 on Tuesday, less than a month after its June 12 IPO. J.P. Morgan estimates index trackers must buy about $4.3 b
Momenta Prices Hong Kong IPO at Top, Raises HK$5.89 Billion for AI R&D
Momenta Global priced its Hong Kong IPO at the top of its range, raising HK$5.89 billion. The company plans to invest about 60% of the proce
Starlink Seen as Bigger Threat to Cable Broadband Than Wireless, Morgan Stanley Says
Morgan Stanley slashed price targets for Comcast, Charter, and major wireless carriers, but says Starlink's growth will hit cable broadband
BofA: Adobe's AI Monetization Still Below 2% of Recurring Revenue
Bank of America Securities has restarted coverage of Adobe with an underperform rating, citing that the company's generative AI upgrades hav
Big Tech Turns to Debt Markets as AI Infrastructure Spending Nears $700 Billion
Amazon, Alphabet, and Meta are tapping bond markets and equity to finance a massive wave of AI data centers. Total spending could exceed $70
Amazon Taps Bond Market for $25 Billion to Fuel AI Infrastructure Build-Out
Amazon is raising at least $25 billion through an eight-part bond sale to finance its AI infrastructure expansion. The move lets the tech gi
RBC Sees Marvell's AI Networking Growth Extending Through 2027
RBC Capital Markets says Marvell can keep growing more than 40% a year for the next three years. The bank cites AWS as an anchor for its cus