Marvell Technology shares slump as investors question Google deal. Here’s what Wall Street is saying.
Strategists at a number of banks noted that investors’ eyes were firmly on news about the company’s recent partnership with Alphabet’s Google, with…
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain
The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework. Source:CoinDesk
Berkshire Hathaway doubles down on the U.S. housing market with a fresh bet on this stock
Berkshire Hathaway has upped its bet on the U.S. housing market, and also boosted its stakes in Alphabet and Delta Air Lines. Source:MarketWatch
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.…
As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow. Source:MarketWatch
Alphabet’s stock drops as Google loses another key AI executive
Jeff Dean, Google’s chief scientist and one of its company’s first employees, is leaving to launch his own company. Source:MarketWatch
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Alphabet and Tesla took a hit from soaring AI spending. Will Microsoft, Meta and Amazon be next?
Big Tech’s binge is draining free cash flow — and the bond markets are taking notice. Source:MarketWatch
Meta is up against a wall of AI pessimism heading into earnings
Following Alphabet’s earnings last week, investors will be closely scrutinizing Meta’s AI spending. Source:MarketWatch
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