Investing.com -- Following a year of radical restructuring and aggressive capital deployment, Meta Superintelligence (MSL) is positioned to leapfrog Google in the frontier AI hierarchy within the next six months. According to a new report from boutique research firm SemiAnalysis, Mark Zuckerberg's relentless pursuit of proprietary data, elite talent, and unprecedented compute infrastructure has effectively transformed the ecosystem into a race where Google has "faded... (continue reading...)
Investing.com -- In a major structural move, Federal Reserve Chairman Kevin Warsh announced the leadership for five independent task forces charged with a top-to-bottom review of the central bank’s monetary policy operations.
While Warsh emphasized that the Fed’s dual mandate—price stability and maximum employment—remains unshakeable, he signaled that a rapidly evolving U.S. economy demands a modernized playbook.
"The U.S. economy has changed dramatically over a... (continue reading...)
Investing.com -- Mizuho upgraded Five Below to "outperform" from "neutral," saying a nearly 30% pullback in the discount retailer's shares has created an attractive entry point as customer demand, merchandising improvements and social media-driven sales trends continue to support growth.
The brokerage maintained confidence in the company's long-term momentum despite expecting comparable sales growth to slow after a blockbuster first quarter.
The brokerage lowered its... (continue reading...)
Investing.com -- Anthropic appointed Ben Bernanke to its Long-Term Benefit Trust on Thursday. Bernanke, a Distinguished Fellow at the Brookings Institution and former Federal Reserve Chair, joins the independent body tasked with holding the AI company to its mission of responsible advanced AI development.
Bernanke served as Federal Reserve Chair from 2006 to 2014, leading the central bank during the 2008 global financial crisis and subsequent recovery. He spent over 20... (continue reading...)
Investing.com -- Citizens began coverage of Tesla with a Market Perform rating on Thursday, citing concern that valuation expectations for the company's Optimus robot and Robotaxi products imply too near a launch timeline.
Analyst Andrew Boone said in a note that Citizens said it is launching coverage because of the potential of "physical AI," comparing the opportunity to how AI is currently accelerating knowledge work.
The firm said Tesla has the necessary assets to... (continue reading...)
More General News
View Older Stories-
New York sues 3M, DuPont and other chemical companies over PFAS pollution
-
Oracle stock shrugs off S&P downgrade to ’BBB-’, but $160B debt shadow looms
-
Musk calls rival Anthropic the current frontrunner in AI
-
Meta superintelligence labs drops Muse Spark 1.1
-
Citi upgrades Knight-Swift and Saia to Buy after trucking stock pullback
-
CFTC set to block CME’s fast-track 24/7 oil futures contract, FT reports
-
Paramount stock tumbles after Arete downgrade on debt concerns
-
SK Hynix eyes blockbuster US debut with $149 ADR target, Bloomberg reports
-
Bernstein downgrades Salesforce, cites lack of evidence for Agentforce momentum
-
Goldman says AI trade reversal pressures hedge fund returns
-
Enovix, Forte Biosciences rally premarket; PepsiCo slips
-
Applied Materials surges as CEO signals multi-year chip boom
-
Micron boosts US investment plan again, commits $250 billion through 2035
-
Palantir partnership fails to save Rackspace stock after brutal guidance slash
-
Goldman lowers Mattel rating to Sell on macro and execution risks; shares dip
-
Meta falls as massive AI infrastructure spending plans overshadow chip progress
-
Jefferies reports shipping decline through Strait of Hormuz
-
Stellantis stock slips as JPMorgan downgrades on delayed payoff from cost cuts
-
Software stocks slide as Starbucks builds AI tools to replace vendor software
-
Exclusive-Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
-
Bernstein sees higher gold prices in H2’26, sets new price target
-
Citi names top picks in software ahead of Q2 earnings
-
Raymond James slaps Street-high $800 target on SpaceX, implying 440% upside
-
Oil's H2 track record: 60% win rate masks midterm-year drag
-
Judge approves SEC $1.5 million settlement with Musk over Twitter stake
-
US military is conducting fresh strikes on Iran
-
Iraq reportedly agrees to new dollar controls to resume U.S. cash shipments
-
Michael Burry bets big on online gambling, snubs prediction markets
-
Bank of America raises natural gas forecast on supply concerns
-
UK’s takeover wave: Is London becoming an ’incubator economy’?
-
Blue Owl launches U.S. digital infrastructure venture to tap data center demand
-
Beijing greenlights Nvidia: Chinese tech giants clamor for H200 silicon
-
Medline (MDLN) announces Prime Vendor agreement with Allina Health
-
Morgan Stanley upgrades Ivanhoe Mines, cuts Alcoa and Vale on metals outlook
-
Wolfe Research bullish on SLB and BKR, sees selective oil services cycle ahead
-
Blue Origin reportedly raises $10 billion in first outside funding round
-
Amazon, Rocket Lab race to claim orbital real estate as FCC vote looms
-
Target stock pops 2.8% as Wall Street applauds store traffic, new "Shop-in-Shops"
-
Wells Fargo cautious on AT&T, Verizon and T-Mobile as Starlink looms
-
HSBC upgrades EU stocks, downgrades EM on increased volatility
-
Bath & Body Works slides as Goldman downgrades stock on weak sentiment
-
Alibaba jumps premarket; Rivian, Bath & Body Works fall
-
AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
-
Apple to spend $30 billion on Broadcom chips as it boosts US sourcing
-
SK Hynix to close $28 billion ADR bookbuild on Wednesday after oversubscription, source says
-
OpenAI set to launch most capable GPT model after delayed rollout
-
Coty exits Gucci license early to raise cash for turnaround
-
Exxon signals Q2 profit windfall as higher oil prices boost bottom line
-
Perplexity says it plans to use Nvidia's new CPU
-
US consumers' near-term inflation expectations rise in June, New York Fed says
