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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...
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,...
On Wednesday, Apple Inc. (NASDAQ:AAPL) announced a new multiyear agreement with Broadcom Inc. (NASDAQ:AVGO) valued at more than $30 billion to design and manufacture custom silicon components and advanced wireless connectivity technologies in the United States....