Moving beyond metaverse-style 'blind spending'! Meta rebuilds Wall Street trust by monetizing AI through infrastructure leasing.

Meta's stock price rose 17% in July, making it the third-best performer in the S&P 500 Index following the company's announcement of its artificial intelligence initiatives.

Zhitong FinanceJul 15 21:10

Meta Stock Is Extending Its Rally: What's Going On?

Benzinga18minutes ago

SpaceX's Stock Breaks Below Its IPO Price for the First Time. Why It Could Still Fall Further.

MarketWatch01:34

AMD's MI450 Could Finally Challenge Nvidia at the Rack Level

Benzinga01:12

Anthropic is racing toward an IPO, potentially listing as early as October, which could allow it to beat OpenAI to the public markets.

Anthropic is accelerating its IPO process, planning to hold intensive investor meetings in the coming weeks and could list as early as October this year. The company’s valuation has now risen to $965 billion, with Morgan Stanley, Goldman Sachs, and JPMorgan serving as joint lead underwriters. Strong revenue growth from its enterprise AI business provides solid support for the listing, though regulatory uncertainty remains the key variable affecting its subsequent performance.

wallstreetcn01:03

Is the AI bull market making a full comeback? UBS Group: The recent correction was merely a 'summer shakeout,' and earnings season could fuel further gains.

UBS Group believes the recent pullback in the U.S. AI sector is unrelated to fundamentals and is primarily driven by capital flows. With earnings season underway, corporate results are expected to validate the strong momentum behind AI adoption, and continued upward revisions to earnings expectations should sustain the rally. The healthcare sector has also gained favor simultaneously, while consumer discretionary remains at the bottom due to weak momentum, as market capital continues to concentrate heavily on core themes.

wallstreetcnJul 15 23:56