Tag: Alphabet Class A
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SpaceX is falling after posting first earnings report since IPO. What the biggest Wall Street firms are saying
The Elon Musk-led rocket company posted a loss of 9 cents per share for the second quarter, beating the 26 cents per share loss expected by LSEG.
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Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber’s earnings were in line with estimates, but the company’s guidance for the third quarter trailed expectations.
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SpaceX’s AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX’s IPO, executives tried to make the case that hefty AI investments are paying off within a year.
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SK Hynix U.S. shares will double in the next 12 months, Cantor Fitzgerald says
While Cantor is the most bullish on SK Hynix stock, it’s not alone in its zeal.
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CNBC Daily Open: A U.S. yen intervention dressed in euros
Reports suggest that Washington sold euros to fund its intervention to avoid impacting the sensitive U.S Treasury market.
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Jim Cramer says the market has warmed up to Big Tech’s AI spending. Here’s what flipped the switch
Cramer said Amazon CEO Andy Jassy finally explained how Amazon’s massive AI spending will generate long-term returns.
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Big Tech’s Anthropic and OpenAI stakes are distorting the corporate earnings picture
If you were to strip out Big Tech’s investment gains from private AI companies, the earnings story is a lot less bullish.
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Snap’s stock jumps 10% on earnings beat and strong sales forecast
Snap beat analysts’ estimates across the board in its second-quarter earnings report.
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White House to host AI companies Tuesday to review new model-testing framework
President Donald Trump’s June executive order directed officials to develop a process to evaluate the cybersecurity capabilities of advanced AI models.
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Magnificent 7 ETF falls to record low valuation. Some stocks in the group could be great buys
The forward price-to-earnings multiple on the Roundhill Mag 7 ETF is the lowest since the fund was created a little more than three years ago.
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