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https://www.wsj.com/tech/ai/ai-investor-coatue-joins-data-center-frenzy-with-new-venture-to-buy-land-9f4c374f?reflink=desktopwebshare_permalink
Broadcom (AVGO) stock rises as Meta and Microsoft earnings validate AI capex. Learn how new Wi-Fi 8 chips and $200 billion in data center spending drive the rally.
Mag 7 earnings reveal diverging AI outcomes as AMZN, META, MSFT and GOOGL react differently to capex, driving fresh opportunities in ETFs.
The S&P 500 fell 0.49% on Tuesday to close at 7,138.80, pulling back from record highs as investors took profits ahead of a pivotal day for megacap earnings and the Federal Reserve’s rate decision.
Applied Materials (AMAT) shares slide 6% as reports of OpenAI missing growth targets spark a broad semiconductor sell-off.
Arm Holdings (ARM) shares tumble over 8% as reports of OpenAI missing revenue targets spark fears of a cooling AI spending cycle.
Cramer calls the WSJ report on OpenAI a well-timed "hitjob" as AI-tied stocks slide.
AMD shares slide over 5% as reports of slowing growth at OpenAI spark fears of an AI spending pullback. See why enterprise AI adoption and "edge" computing remain long-term bullish drivers ahead of AMD's May 5 earnings report.
NVIDIA Corp (NASDAQ:NVDA) shares are falling Tuesday along with semis after OpenAI reportedly missed internal revenue and growth projections.
Nvidia, AMD and Broadcom slip as SOXX's near 50% rally since March cools, with pre-market weakness signaling profit-taking in chip stocks.