Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
The decline follows another day of weakness for the software and cloud giant, with the stock down modestly on the session and sharply from its 52-week peak.
THE APEX TIMES
THE APEX TIMES
A sharp move in Meta Platforms’ stock on Wednesday reflected renewed investor interest in the company’s next growth opportunities, after news coverage pointed to a deal or initiative that could expand earnings power.
THE APEX TIMES
The stock cooled after its best session in months, following reports that Meta is exploring a cloud business that would sell compute and AI services to outside customers.
THE APEX TIMES
A report tied to Meta’s cloud compute plans sparked a fast sell-off across parts of the AI market, reflecting how quickly market expectations can change when a major platform player moves from research to infrastructure.
THE APEX TIMES
Palantir Technologies’ stock rose sharply in afternoon trading as the company said it entered a strategic AI partnership with Nvidia, adding momentum to sentiment around its data and software platform business. A separate financial disclosure also drew attention, though details were not fully specified in the market report.
THE APEX TIMES
A report says Amazon is preparing to sell its Trainium AI processors beyond AWS. If that happens, Marvell Technology, a chip design and manufacturing partner for Trainium, could see new demand tied to the broader market for AI infrastructure.
THE APEX TIMES
AMD says its newest Versal Premium Gen 2 programmable system-on-chip family is built for high-bandwidth artificial intelligence, networking, and aerospace applications, with new on-package memory technology and additional security features.
THE APEX TIMES
The European Union’s highest court will rule Thursday on whether Google must pay a record 4.1 billion euro penalty imposed by EU regulators, in a case centered on how Google licenses and bundles its Android operating system and related services.
THE APEX TIMES
U.S. stock futures and major technology names moved higher as Meta gained on renewed AI optimism. The market’s attention also turned to Tesla’s upcoming delivery update and upcoming economic data, including the June jobs report.
