News
Alphabet shed roughly $250 billion in market cap on June 22 after Gemini co-lead Noam Shazeer defected to OpenAI and Nobel laureate John Jumper announced he was heading to Anthropic — all within seven days. The selloff, compounded by capex jitters, was GOOGL's worst single-day…
News
Amazon has secured a $17.5 billion syndicated delayed-draw term loan with Citibank as administrative agent. The deal highlights the staggering scale of AI infrastructure spending across Big Tech.
News
After the Philadelphia Semiconductor Index shed roughly 10% the prior week on Broadcom's underwhelming AI guidance, chip stocks staged a broad-based rally on June 11 — Lam Research surged ~12.7%, Micron ~11%, Intel 10%-plus, and AMD ~8%.
News
Oracle posted record Q4 FY2026 results — $19.2B in revenue, 93% OCI growth, and a $638B backlog — but full-year capex of $55.7B blew past guidance, sending shares down more than 7% after hours. Investors are questioning when the AI infrastructure bill comes due.
News
Broadcom crushed Q2 estimates with $22.2B in revenue and AI chip sales up 143% YoY — then watched its stock tumble anyway. A softer-than-expected Q3 AI guidance triggered a sector-wide rout, dragging the Nasdaq to its worst day since April 2025.
Amzn
AWS just posted its fastest growth in 15 quarters at +28% YoY, but the real story is Amazon's $200B capex bet on AI infrastructure—funded by retail, ads, and subscriptions. The Anthropic partnership deepens the flywheel, but free cash flow tells a harder truth.