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ITIC News30 articles
Meta's $145B AI Capex Fuels Cloud Ambitions, Investors Await Returns
Meta is exploring a cloud business to monetize AI compute, with 2026 capex guidance of $125B-$145B. Investors are watching for returns on the massive investment.
Defensive Rotation: Investors Flee AI Chip ETFs After Weak Jobs Report
A sharp selloff in AI chip stocks on Thursday, triggered by weaker-than-expected June jobs data, saw investors rotate into defensive sectors like healthcare, utilities, and staples.
South Korea's $518B Chip Plan Fails to Impress Investors
South Korea's revised 800 trillion won ($518.3B) chip plan, down 60% from earlier estimates, sent Samsung down 4.86% and SK Hynix down 1.68% as investors focused on capex load.
Trump-Linked Investors Scrutinized as Skyline Secures $1.6B U.S. Interest for Kazakhstan Tungsten Mine
Skyline (NASDAQ:KAZR) lands $1.6B in nonbinding U.S. agency interest for its $1.1B Kazakhstan tungsten project, with political ties to Trump and Lutnick families under scrutiny.
Crypto Sell-Off Deepens as AI Stocks Lure Investors; Gold Miner i-80 Reports Progress
Cryptocurrencies dropped nearly 9% as AI stocks gained favor. i-80 Gold released drill results, NSE plans a major IPO, Vizsla Silver advances its mine strategy, and US-Iran tensions keep oil steady.
Pfizer's 7% Yield Draws Income Investors Amid Mixed Drug News
Pfizer's yield surpasses 7% as shares decline, FDA clears Ibrance for expanded use, but a lung cancer drug fails late-stage trial, highlighting income appeal versus uneven growth.
Foreign Investors Retreat $8.6 Billion from Korean and Taiwanese Markets
Foreign investors withdrew $8.6 billion from South Korean and Taiwanese equities, even as the KOSPI rebounded 3.3%. Samsung Electronics jumped 9.84% on a reported $58.6 billion buyback plan, but analysts flag risks from retail trading and concentrated chip stock exposure.
Broadcom Drops 3% as AI Chip Spending Concerns Weigh on Investors
Broadcom shares dropped 2.8% on Tuesday, as investor concerns about AI funding among its top cloud customers offset strong revenue growth and a bullish AI chip outlook.
SoFi Gains 8% in Short Week as Investors Eye Growth and Credit Risks
SoFi shares surged 8% in a shortened trading week, buoyed by strong Q1 results and investor confidence, though unchanged 2026 guidance and credit risks remain in focus.
Pfizer Shares Slip as CFO Departure Rattles Investors; 2026 Outlook Intact
Pfizer shares fell 2.7% to $25.21 after CFO Dave Denton said he will leave in August, reigniting investor concerns over succession and obesity-drug competition.
MELI Edges Higher as Investors Eye Growth Spending Amid Ownership Shift
MercadoLibre shares rose 2.9% last week, but remain down 18.82% YTD. An internal estate-planning trust transfer left ownership unchanged, while investors weigh heavy growth spending in Brazil and Mexico.
Plug Power Gains 7.55% as Investors Eye Key Asset Sale Deadline
Plug Power shares jumped 7.55% to $2.85 on Thursday, capping a holiday-shortened week. Investors await the June 30 deadline for a $132.5 million asset sale crucial to the company's liquidity.
UiPath Shares Dip as AI Automation Product Launch Fails to Impress Investors
UiPath shares closed at $10.27, down nearly 3% for the week, as the market remains skeptical about the company's new AI product launch and looks for stronger growth signals.
Snap Shares Dip as $2,195 Specs Launch Fails to Impress Investors
Snap shares dropped 1.69% to $4.66, marking a third straight loss, as investors reacted skeptically to the $2,195 Specs AR glasses launch and CEO Evan Spiegel's long-term profit focus.
Plug Power Shares Retreat as Investors Eye June Liquidity Milestone
Plug Power shares slipped 1.8% to $2.75 as the market awaits the June close of the Project Gateway asset sale, a key liquidity event amid ongoing cash burn.
Micron Shares Slip After Record High as Investors Eye AI Earnings Test
Micron shares slipped 3.6% to $1,048.87 after a record close, as profit-taking emerged ahead of the June 24 earnings report that will test AI memory demand and the stock's lofty valuation.
Institutional Investors Boost Boeing Holdings Amid Delivery Recovery
Venture Visionary Partners boosted its Boeing stake by 37.9% in Q4, joining other funds. BA shares gained $10.12 to $229.17 as delivery recovery offsets production risks.
IREN Shares Surge 5% as Investors Eye AI Cloud Revenue Milestones
IREN shares climbed 5.40% to $59.77 as investors assess the pace of revenue recognition from major AI cloud deals with Microsoft and Nvidia, with GPU deployment at Childress as the next catalyst.
Plug Power's Eight-Day Slide Continues as Investors Eye Key Asset Sale
Plug Power shares fell for an eighth straight session, closing at $2.76, underperforming major indexes, as investors focus on the upcoming $132.5-$142 million Stream Data Centers asset sale, a key liquidity event due by June 30.
AI Stocks Face Fed Scrutiny as Oracle's Capex Plan Rattles Investors
Oracle's 12% plunge on $70B AI capex and $23.7B cash flow deficit underscores investor anxiety as Fed decision looms, pressuring high-valuation AI stocks like Nvidia, AMD, and Broadcom.
EPD Holds Near $37 as Yield Attracts Income Investors Amid Oil Volatility
Enterprise Products Partners (EPD) stayed near $37 amid oil price drops, offering a 5.91% yield. Key catalyst is the June 23-24 JPMorgan energy conference.
Energy Transfer Rebounds as 7% Yield Attracts Income Investors
Energy Transfer LP (ET) bounced 1.65% to $19.07, breaking a five-day slide, as its yield neared 7.1%. Analysts remain bullish ahead of the Q2 report on Aug. 5.
Disney Shares Dip as Investors Eye Toy Story 5 and Q3 Earnings
Disney shares edged down 0.3% to $100.04 as Needham maintained a Buy with a $125 target. Focus shifts to Toy Story 5's June 19 debut and fiscal Q3 earnings.
SpaceX Soars 19% in Record $75B IPO, Retail Investors Get 20% Allocation
SpaceX shares surged over 19% in its Nasdaq debut after a record $75 billion IPO, with retail investors receiving 20% of the allocation.
NuScale Power Stock Bounces to $10 as Investors Eye SMR Commercialization Path
NuScale Power shares gained 4.5% to $10.00 on news of a new training center, but the company's first-quarter revenue of $565,000 and $46.7 million net loss keep focus on potential customer commitments.
Schwab's STAX Rises as Retail Investors Return to Tech, Embrace Options
Schwab's STAX index climbed to 55.08 in May from 50.10 in April, signaling renewed retail participation in the AI rally, with a cautious tilt toward ETFs and options.
SpaceX's Record $75B IPO Pressures Tesla as Investors Shift Musk-Linked Capital
SpaceX's record $75 billion IPO at $135 per share values the company at $1.77 trillion, exceeding Tesla and Meta. Tesla shares dropped nearly 10% as investors sold TSLA to buy into SpaceX's retail allocation, raising concerns about capital shifts.
Plug Power Shares Slide as Investors Eye Profitability Roadmap
Plug Power shares slid nearly 3% as the company detailed its timeline to profitability through 2028, with investors weighing cash burn and liquidity concerns.
SpaceX IPO Set for Rapid Nasdaq-100 Entry, QQQ Investors Brace for Volatility
SpaceX's $1.75 trillion IPO may fast-track into the Nasdaq-100 and QQQ ETF, raising volatility risks due to a tiny 7% free float. Chip sell-off pressures markets.
Apple Stock Slips as Siri AI Overhaul Leaves Investors Questioning Revenue Path
Apple shares dropped 1.9% to $301.54 after WWDC, with further premarket declines as investors weigh Siri AI's revenue potential and regulatory hurdles.