Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2

Stanley Druckenmiller's Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD),

Benzinga54minutes ago

Anthropic's Revenue Could Soar From $47 Billion to $200 Billion by 2028 as Bankers Build a Massive AI Valuation Case Ahead of Its IPO: Report

Anthropic reportedly expects $190 billion to $200 billion in revenue by 2028, far exceeding the $47 billion annualized revenue run rate reported in May.Bankers Reach Past Typical TimelinesBankers

Benzinga10:57

"AI-Driven Financial Innovation": CDO vs. CCO = 2008 vs. 2026?

The current AI boom is not fundamentally a technology cycle, but rather a credit and real estate cycle driven by the concept of "compute as collateral" (CCO). NVIDIA and private sector giants have established a $500 billion financing platform to securitize and distribute risk. Given that the inflection point in the growth rate of capital expenditure (second derivative) among hyperscale cloud providers has already emerged, and key borrowers such as OpenAI are overly reliant on refinancing, this credit architecture—highly isomorphic to the 2008 subprime mortgage crisis—is highly susceptible to fracturing amid slowing growth.

wallstreetcn10:01

U.S. Market Close | Trump threatens to declare the Strait of Hormuz as U.S. territory; three major indices close slightly lower. Optical communication stocks strengthen: AAOI surges 15%, Lumentum rises over 5%; drone stock UMAC jumps 25%.

The Dow Jones Industrial Average fell 0.2%, the S&P 500 Index declined 0.17%, and the Nasdaq Composite dropped 0.28%. Most large-cap technology stocks retreated, with the Mag 7 Index down 0.17% and Amazon falling nearly 1%. SpaceX shares also dipped by close to 1%. In contrast, memory chip stocks broadly rose against the trend: SanDisk surged 7.39%, bringing its weekly gain to 35.38%; AMD advanced 6.50%; and NEBIUS climbed 8.88%. Meanwhile, Applied Materials and Broadcom each fell more than 5%.

wallstreetcn07:08

Express News | NVIDIA discloses $21 billion stake in SpaceX

According to its filing documents, NVIDIA disclosed holdings of SpaceX shares valued at $20.97 billion. NVIDIA also disclosed holdings of Intel shares valued at approximately $30 billion.

Breakings07:03

Bill Ackman Exits Alphabet, Raises Bets on Microsoft & Meta

Bill Ackman's Pershing Square unveiled the latest changes to the hedge fund on Friday, including the newly announced re-entry into Netflix Inc (NASDAQ:NFLX).New PositionsPershing Square unveiled

Benzinga06:32