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Core Scientific says Q2 2026 colocation revenue rises to $137 million on 437 MW billed capacity ramp-up
PUBT·23 minutes ago
- Core Scientific reported its Q2 2026 GAAP colocation revenue rose to $137 million, driven by a capacity ramp-up to 437 billable MW. - The company announced an AMD partnership spanning 530 MW across five sites, generating over $14 billion in base contracted revenue over 15 years. - Bitcoin mining operations continued to wind down with nearly 30% fewer miners online compared to Q1.
CORZ+1.26%GBTC-0.41%
Trump pushes to scale back childhood vaccines in new executive order
MSN·17 hours ago
NVDA+0.64%NVDY+0.64%
Micron Says AI Memory Crunch Could Last Beyond 2027 as DRAM Demand Soars
Market Beat·14 hours ago
- Micron Technology expects memory-market supply constraints driven by artificial intelligence to persist beyond 2027 due to the lengthy process of building manufacturing capacity. - The company attributes the ongoing shortage primarily to DRAM constraints and high-bandwidth memory production tradeoffs, prompting strategic multiyear customer agreements with binding purchase commitments. - Micron is expanding its global manufacturing footprint and increasing its planned U.S. investment to $ 250 billion to enhance supply-chain resilience and meet rising long-term demand.
MU-0.53%MULL-1.09%
Meta Stock Rises as It Plans to Open Muse Spark 1.2 and Launch AI Models for Laptops
Tip Ranks·23 hours ago
- Meta is releasing the weights for its Muse Spark 1.2 model and launching Muse Glimmer, a family of smaller open-source AI models designed to run directly on laptops. - The open-source strategy aims to help Meta compete with OpenAI, Anthropic, and Chinese AI labs while addressing investor concerns over capital spending projected to reach $145 billion in 2026. - Wall Street analysts maintain a Strong Buy consensus rating on Meta stock with an average price target of $753.67 per share.
META+1.99%METW+2.52%
Meta CEO Zuckerberg says company targets “personal superintelligence” for everyone
PUBT·1 day ago, 05:05 AM
- Meta CEO Mark Zuckerberg outlined a corporate strategy to provide personal superintelligence to billions of users through always-on AI agents. - The plan features free or low-cost access, strong privacy options, and a renewed commitment to releasing open-source models soon. - Meta will also implement independent board oversight for safety criteria to decentralize deployment decisions.
META+1.99%FBL+4.03%
OpenAI Expands Daybreak Into Two Tiers — And Launches a New Cybersecurity Model as AI Agent Threats Intensify
CoinLive·12 hours ago
- OpenAI expanded its cybersecurity initiative Daybreak into two tiers, including Daybreak Blue for defensive work and Daybreak Red for offensive research. - The company launched GPT-5.6-Cyber, built on GPT-5.6 Sol, exclusively for Daybreak Red participants conducting vulnerability research. - This expansion responds to recent AI cybersecurity incidents and advanced agentic capabilities demonstrated by models like Astra.
FBL+4.03%METU+3.93%
Signed up for Klaviyo? Dozens of advertisers may have seen your password
TechCrunch·1 day ago, 09:19 AM
- Klaviyo inadvertently shared new customers' sign-up information, including passwords, with third-party advertisers and tech giants due to a misconfigured web form. - The security flaw exposed sensitive data such as email addresses, company names, and phone numbers to companies like Meta, Google, and Microsoft from February 2024 through November 2025. - Klaviyo confirmed fixing the application configuration issue and notified fewer than 200 affected individuals, though the total impact and duration of the leak remain unclear.
KVYO+2.80%META+1.99%
A Recent Email Within Microsoft Seems to Confirm What Many Suspected: Tech Companies Are Overspending on AI
Motley Fool·1 hour ago
- A leaked internal email from Microsoft executive Jay Parikh advises employees to exercise caution with artificial intelligence usage and focus on justifiable outcomes rather than maximum consumption. - This directive reinforces investor concerns that major technology companies are overspending on artificial intelligence without guaranteed returns. - Investors should exercise caution regarding highly valued tech stocks due to the risk of a market correction if heavy artificial intelligence investments prove unprofitable.
MSFT-0.67%MSFD+0.79%
Nvidia AI Chips Are Now an Asset Class. BlackRock CEO Larry Fink Just Compared Them to Mortgage-Backed Securities.
Barchart Option·35 minutes ago
NVDA+0.64%NVDU+1.32%
Nvidia's $500 Billion Bet Shows Up In Credit
ZeroHedge·13 hours ago
- Nvidia’s 500 billion dollar financing push highlights that the artificial intelligence buildout is increasingly becoming a credit story. - Wider credit spreads are presenting a less comfortable companion to ongoing equity gains in the market.
NVDA+0.64%NVDX+1.21%
US stock futures mostly higher ahead of key CPI data
MSN·1 day ago, 06:29 AM
VOO-0.06%QQQ-0.10%
5-Star BofA Analyst Says Nvidia Stock Is 'Significantly Depressed' After $500B Financing Deal
Tip Ranks·1 hour ago
- Bank of America and Wells Fargo maintained positive ratings and price targets on Nvidia, citing a significantly depressed valuation and strategic expansion into AI infrastructure financing. - Nvidia partnered with six major investment firms on a $500 billion artificial intelligence funding deal to shift funding risks and free up capital for growth. - Wall Street maintains a strong buy consensus with an average 12-month price target of $309.94, while institutional investors like ARK Invest recently purchased Nvidia shares.
NVDA+0.64%NVDQ-1.36%
Micron Price Forecast: Mizuho Raises to $1,375, Citi Lowers to $1,150; Can Micron Still Rise?
TradingKey·1 day ago, 08:18 AM
- Wall Street institutions recently diverged on Micron Technology, with Mizuho raising its price target to $ 1,375 and Citi lowering it to $ 1,150. - Mizuho is optimistic due to tight supply-demand conditions in DRAM and HBM driven by AI servers, while Citi remains cautious as DRAM price gains may slow and industry supply could increase. - Technically, Micron's short-term trend is downward below the 60-day moving average, but its 20-week moving average and the $ 780 level provide strong support.
MU-0.53%MULL-1.09%
This Is What Needs to Change for Meta Stock, Says Investor
Tip Ranks·1 day ago, 08:58 AM
- Investor Vinay Utham argues that Meta stock's 8% drop stemmed from a failure to provide a concrete demand signal for its AI spending rather than cash flow or capex issues. - Unlike peers such as Microsoft, Amazon, and Alphabet, Meta lacked robust backlog or revenue metrics to justify its aggressive infrastructure investments. - Consequently, Utham downgraded Meta from Buy to Hold and warned he might exit his position if management fails to provide clear demand evidence in future guidance.
META+1.99%METU+3.93%
Invesco QQQ $QQQ Shares Purchased by Charles Schwab Trust Co
Market Beat·6 hours ago
- Charles Schwab Trust Co raised its holdings in Invesco QQQ by 85.6% in the second quarter, owning 9,175 shares valued at $6,757,000. - Numerous institutional investors and hedge funds, including Bank of America and Corient Private Wealth, also significantly modified their positions in the exchange-traded fund. - Invesco QQQ recently attracted approximately $10.2 billion in inflows while increasing its quarterly dividend to $0.8135 per share.
QQQ-0.10%.NDX-0.07%