Financial News

Software giant becomes the index's biggest drag as Azure growth and $190 billion capex outlook weigh on sentiment.

Jury rejects Musk's claims as untimely, easing IPO overhang while Microsoft's $135 billion stake remains in focus.

Wall Street has cheered almost every press release about AI infrastructure, with hyperscalers Microsoft, Google, Amazon, Meta, and Oracle, plus the Stargate joint venture, committing more than $1 trillion in announced data center spending. The Contradiction The market loves it. Local zoning boards do not. In Loudoun County, Tucson, central Ohio, and across rural Wyoming, ... $1 Trillion in Spending Has Been Defeated by an Almond

The value-over-growth rotation that strategists had been calling for since the start of the year is finally showing up in fund returns. Through mid-May, large-cap value indexes are running ahead of several large-cap growth peers for the first sustained stretch in years, and the three cleanest vehicles for capturing it are Vanguard S&P 500 Value ... Three S&P 500 Value ETFs Beating Some Growth Rivals in 2026 and Most Investors Are Still Looking the Other Way

We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Cisco Systems (NASDAQ:CSCO) ranks #5 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1.5% Cisco benefits from the AI buildout because of its relevance to the networking and connectivity layer […]

SpaceX filed its S-1, and the headlines call it a space IPO — but the filing tells a different story: the most vertically integrated AI infrastructure bet ever attempted. xAI is now a SpaceX segment, with $12.7B in AI capex last year. Anthropic signed on as a $1.25B/month customer through 2029. There's a chip project with Tesla and Intel called Terafab. And AI data centers in orbit by 2028. Joining us: Henry Ward, Carta, and Apoorv Agrawal, Altimeter Capital.

Japan's Kawasaki Heavy Industries will partner with ‌Nvidia to develop solutions integrating ‌robotics with physical artificial intelligence, and will ​set up a joint development center in Silicon Valley, the Nikkei newspaper reported on Thursday. The collaboration will ‌initially focus ⁠on medical and mobility fields, with Nvidia's simulation technology ⁠to be applied to Kawasaki Heavy Industries' Corleo, a four-legged personal ​mobility robot ​under development, ​Nikkei added. As part ‌of the effort, Kawasaki Heavy Industries will open the joint development center in San Jose, California.

SAN MATEO, Calif., May 21, 2026--Kore.ai, the global leader in agentic platforms and applications, today launched the new-generation Kore.ai Agent Platform Artemis edition, the AI-programmable, AI-native foundation that builds, governs, and optimizes the agents, systems, and workflows running across the enterprise. The platform launches initially on Microsoft Azure, with broader cloud availability to follow.

We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Arista Networks (NYSE:ANET) ranks #10 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short Interest: 1.7% Arista makes high-speed switches and routing systems used by major cloud players like Microsoft Azure, Meta […]

It'd be a mistake to overlook these stocks, despite their recent challenges.

All three major US stock indexes were down and oil prices were up after Iran's supreme leader issued

Cummins —the dominant maker of diesel engine technology—finds itself, happily, caught up in the AI data-center boom. CEO Jennifer Rumsey’s company is no stranger to boom-bust business cycles, and she says it can navigate the swings in AI demand. Cummins’ AI-related business—supplying backup power for data centers—has sent the stock to levels not seen in a decade.

Big Four firms, Wall Street banks and finance teams are continuing to embed Anthropic’s AI platform into forecasting, reporting and day-to-day finance workflows.

The Claude-maker is exploring Microsoft’s in-house silicon as it looks to expand computing capacity beyond Nvidia.

QCOM's Snapdragon X Elite/Plus chips bring power efficiency and NPUs as Dell, HP, Lenovo and Microsoft roll out AI PCs.

Among the long list of investments President Trump listed in a filing is Kura Sushi. The president invested $1 million-$5 million in the sushi chain.

https://www.theinformation.com/articles/openai-held-1-billion-revenue-lead-anthropic-first-quarter

Pershing Square made Microsoft a core holding as Ackman argued investors may be underestimating 365 and Azure.

Both tech giants posted eight straight quarters of revenue growth, but their profit margins and business strategies reveal notable contrasts.

BNPP maintains positive ratings on MSFT and ORCL as SpaceX S-1 data points to surging AI data center revenue potential.

US manufacturing PMI hit a 48-month high in May. But it's AI infrastructure capex, not Trump's tariffs, driving the reshoring boom.

Microsoft has not made the Maia 200 chips available to customers, but they are used in the company's data centers, offering better efficiency than other silicon.

New ethics filings reveal a portfolio concentrated in the exact companies shaping his administration's biggest deals.

https://www.bloomberg.com/news/articles/2026-05-21/pentagon-tests-rival-ai-models-in-race-to-replace-anthropic

Investing.com -- Microsoft (NASDAQ:MSFT) rose 2% Thursday after The Information reported that Anthropic is in talks to use the company’s custom AI server chips.

If you put the same money into a basket of companies that are building out AI infrastructure and energy sources, you’ve done much better than stocks like Nvidia.

"The capex is at a trillion dollars, and it's growing toward the three to four [trillion-dollar mark]," said Nvidia CEO Jensen Huang.

(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to L

NVDA topped Q1 fiscal 2027 estimates, boosted guidance, and expanded AI ambitions beyond GPUs with its new Vera Rubin AI superchip.

The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) has 63 holdings, which sounds diversified until you check the weights. Five names carry almost 46% of the fund. The MGK pitch is straightforward exposure to U.S. mega-cap growth, and the math has worked. MGK returned 28% over the past year against 25% for the S&P 500. The ... MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains