Apple Inc (NASDAQ:AAPL) stock slid early Monday as traders digested the latest "most valuable company" back-and-forth with Nvidia Corp (NASDAQ:NVDA) and weighed it against a firmer risk tone, with S&P 500 futures up about half a percent. The iPhone maker briefly...
Category
Technology
Chip Stocks’ Worst Month Ever Versus Software: Is the AI Trade Cracking?
For the past year, one trade defined Wall Street’s artificial intelligence rally: own the chipmakers, avoid the software companies. This month that trade is unwinding faster than it ever has before. From the April 2025 lows to the mid-June 2026 highs, the iShares...
Mark Zuckerberg’s Meta Just Supercharged Its Biggest AI Bet Yet, Expanding Its Hyperion Data Center Into a $50 Billion-Plus Project
Meta Platforms Inc. (NASDAQ:META) has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion. The company’s Monday blog post revealed that the Richland Parish-based data center,...