AI's power problem is becoming a growth engine for Cummins.

(Updated with response from Meta spokesperson in the seventh paragraph.) Meta Platforms (META), A

Nscale is seeking to raise as much as $3 billion in its US IPO, according to people familiar with the matter, joining a rush of artificial intelligence data center companies tapping public market investors.

Wolfe Research just handed Nebius Group one of the most aggressive growth targets in AI infrastructure, and the building blocks behind it are harder to dismiss than you might expect.

Uber Technologies Inc. has been fined €825 million ($963 million) by Dutch authorities for using automated systems to suspend driver accounts, in what is the second-largest penalty under the European Union’s General Data Protection Regulation.

Yahoo Finance Executive Editor Brian Sozzi and Tech Editor Dan Howley look back at Tim Cook’s tenure as Apple (AAPL) CEO, a period that saw the company generate roughly $32 million in growth per hour. They also look ahead to incoming CEO John Ternus and what it will take to keep Apple’s growth engine firing.

META's 17% YTD drop reflects rising AI costs, weaker cash flow and higher debt, even as AI lifts engagement and ad efficiency across its platforms.

(Updated with response from Google spokesperson in sixth paragraph.) Meta Platforms (META), Alpha

SpaceX just handed NVIDIA a high-profile win by locking in 20% of its next platform, leaving AMD without a flagship logo at the worst possible moment. The real question is whether this signals a crack in Lisa Su's ambitions or just the cost of competing in a market built on scarcity and politics.

The penalty could become the second-largest ever under GDPR.

His Duquesne Family Office opened a position in Reddit in the second quarter.

After 26 years locked at the same price, QQQ finally cut its fee, and it still costs twice as much as its closest rival. Whether that gap matters depends on a distinction most investors have never thought to make.

Meta Platforms (NasdaqGS:META) has become one of Microsoft's largest AI customers, according to recent internal discussions. The company is exploring a new API business that could let external developers tap Meta's own AI infrastructure. The plan aims to reduce Meta's reliance on outside vendors while creating a potential revenue stream from its internal compute stack. The shift highlights how large tech groups are rethinking AI infrastructure partnerships and in house capacity as of August...

(Updated with response from Snap spokesperson in fifth paragraph.) Meta Platforms (META), Alphabe

Broadcom stock is down 24% from its record closing high in early June but Wall Street believes the AI spending cycle will again send shares higher.

The Dutch Data Protection Authority (AP) has decided to fine Uber €825 million ($966 million) under European data protection rules ‌for deactivating driver accounts through automated systems without adequately informing them, ‌according to an August 17 decision reviewed by Reuters. The penalty would be the second-largest ever issued ​under Europe's General Data Protection Regulation, behind a €1.2 billion fine imposed on Meta by Ireland in 2023 for unlawfully transferring European Facebook users' data to the United States, which Meta is appealing. Uber said it would also appeal.

Treasury yields just handed AI stocks a brutal week, and while most investors ran for the exits, one Broadcom buyer kept hitting the buy button. The reasoning behind that conviction goes deeper than a simple dip-buying reflex.

On August 20, Nebius Group (NASDAQ:NBIS) confirmed what had already rattled its stock a day earlier: a $5 billion convertible bond offering that ranks among the largest in recent corporate history. The company increased the deal from an initial $4.5 billion late Wednesday, and the total could still grow to $5.75 billion if buyers exercise […]

Meta Platforms (META), Alphabet's (GOOGL) Google and Snap (SNAP) face one fewer teen social media ad

After ripping through the first half of the year, memory stocks are struggling to regain momentum as growing concerns about the state of the artificial intelligence trade overshadow their strong fundamental backdrop.

If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around for at least seven years.

FTXL has handed holders a stunning run, but the modified-equal-weight label that made the fund feel safe may be hiding a concentration problem that turns one bad earnings call into a portfolio event.

Investment firm Arctos Partners agrees to buy a minority stake in the Atlanta Falcons at a $10.6 billion valuation, CNBC reports.

Broadcom is in talks with a group of lenders to raise more than $60 billion in debt for an AI ‌chip financing deal that will benefit Anthropic and other companies, ‌Bloomberg News reported on Thursday, citing people familiar with the matter. The financing could include a roughly $30 ​billion junior debt tranche, while the chip designer would guarantee a part of a senior-secured tranche that could range from about $60 billion to $70 billion, the report said. Broadcom plays a crucial role in helping design custom chips for firms like Alphabet and Meta, as tech companies ⁠look to develop chips in-house to reduce their reliance on market leader Nvidia.

Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR

Former employee testimony sharpened the legal threat surrounding Facebook and Instagram's design, data collection and recommendation systems.

Mark Zuckerberg told a top Meta journalist something about the company's AI roadmap that reframes every complaint about the $145 billion capex as potentially missing the point entirely.

Meta has quietly become one of Microsoft's largest AI customers, spending hundreds of millions of dollars a year to access the Azure cloud service - and reviving concerns around circular business dealings in the AI space. Bloomberg's Brody Ford joins Ed Ludlow on "Bloomberg Tech."

X, the social media platform owned by Elon Musk, is in talks to use stablecoins such as USDC to pay royalties to influencers and other content creators, a person familiar with the discussions told CoinDesk on Thursday. The talks are ongoing, according to the source, who also works with other...

Ackman sold shares of Amazon and Alphabet while buying shares of Microsoft and Meta Platforms.

A costly infrastructure build may unlock another growth engine

Meta could face major challenges regardless of if it wins or loses its latest social media addiction lawsuit.

Tech giants can avoid the charge by paying publishers.

(Updates with Meta Platforms' comments in the fourth and fifth paragraphs.) Meta Platforms' (META

A mechanical yield screen is quietly outpacing the S&P 500 this year by excluding most of the AI complex before a single share is purchased, and the valuation gap it creates raises a question worth answering before the rotation reverses.

All three major US stock indexes were down in late-morning trading Thursday, as yields on Treasury b

Early in its life as a publicly traded company, SpaceX stock has shown little correlation with other large tech stocks.

CoreWeave signed a multi-year agreement with Hudson River Trading to provide AI infrastructure for the quantitative trading firm's research and model-development workloads.

David Tepper added shares of Amazon, Meta, Alphabet, and Nvidia to his portfolio in Q2.

The AI market cap race among the biggest tech giants reveals a brutal reshuffling of power, and one social media behemoth is watching its AI ambitions get priced into irrelevance while a private upstart threatens to leapfrog it entirely.

Dell, Celestica, Lumentum and Vertiv offer four ways to tap into AI data center growth across servers, networking, optics, power and cooling.

The social giant is spending hundreds of millions on Azure models.

Anthropic CEO Dario Amodei could receive super-voting shares ahead of the AI company’s potential IPO, giving him and other co-founders greater control even as their ownership stakes remain relatively small. Anthropic Reportedly Eyes Super-Voting Shares Ahead of IPO Anthropic is...

BNP Flags Major AI Compute Opportunity for Meta, Keeps $855 Target

Meta Platforms Inc. (NASDAQ:META) has become one of Microsoft Corp.

As U.S. companies raise billions of dollars to fund their AI dreams, they’re primarily tapping debt markets. Nearly 70% of the $456 billion cash raised for AI from the public market in 2026 has come from the investment-grade debt market, according to Bank of America Global Research. At $309 billion, that amount is more than double the $136 billion in AI-related investment-grade debt issued in all of 2025.

Shares of Meta Platforms Inc. have been under pressure all year due to questions about its spending on artificial intelligence. But a trial accusing its social media platforms of targeting children goes beyond that, raising existential questions about the future of its core business.

Some of Wall Street's most influential artificial intelligence (AI) stocks are being shuffled around by Third Point's billionaire boss.

Massachusetts lawmakers are seeking to establish the nation’s most stringent state-level safeguards for artificial intelligence, a proposal that’s divided an industry the governor’s office is concurrently seeking to woo.

Meta Platforms Inc. has become one of Microsoft Corp.’s biggest AI customers, underscoring how demand for the emerging technology remains concentrated in the tech industry.