Microsoft announced it will deploy next-generation AMD Instinct and AMD EPYC processors, expanding its long-term strategic partnership with AMD. This move aims to enhance the computing performance of Microsoft's cloud services.
AMD Acquires Taalas to Boost AI Inference Solutions · AMD has acquired Taalas to advance its compute solutions for the rapidly growing AI inference market. This move is expected to strengthen AMD's position in the AI sector.
Anthropic announced on Jun 30, 2026 that Fable 5 will return globally in July 1. The company also proposed an industry-wide framework for scoring jailbreak severity, together with Amazon, Microsoft, Google, and other Glasswing partners. This move aims to enhance AI safety collaboration.
Nvidia and major Wall Street firms, including Goldman Sachs, Apollo, BlackRock, and KKR, plan to mobilize at least $500 billion for AI infrastructure investments. The funds will finance data centers equipped with Nvidia chips, aiming to attract significant investor capital. Nvidia announced the partnership on Monday without specifying a timeline.
RKLB: Rocket Lab Delivered Record Results. Why Is the Stock Sinking? · Rocket Lab reported record revenue and backlog growth. Despite the strong performance, the stock is falling. This may reflect concerns about valuation or expectations for future growth.
Today's tech news covers Applied Compute's funding valuation, Morgan Stanley's US innovation infrastructure plan, Nvidia's AI financing, OpenAI's share buyback, TSMC's Apple chip backlog, and Microsoft-TSMC talks.
Wall Street ends down as Hormuz deal expectations fade · U.S. investors became less confident about a deal to reopen the Strait of Hormuz, sending stocks lower. Heightened energy prices spurred inflation worries and concerns that central banks would have to raise interest rates.
CRM Stock Hits Historical Support Level, Investors Eye AI Business · Salesforce stock has fallen to a price level that has previously sparked strong rallies. Investors must decide if its booming AI business can overcome current challenges.
OpenAI and APA Partner to Advance Responsible AI · OpenAI's official update announces a partnership with APA to advance responsible AI. This collaboration underscores OpenAI's ongoing commitment to AI safety and ethics.
Trump Says US Forces Control Hormuz and Clear Mines · Trump stated that US forces have actual control of the Strait of Hormuz and have cleared mines. This announcement could affect global oil shipping security. Markets are watching the situation's impact on energy supplies.
RKLB: Rocket Lab reveals big plans, but stock drops on mixed earnings · Rocket Lab announced plans to expand in Europe and build its backlog. However, shares fell due to mixed financial results.
Rocket Lab reported record revenue but missed earnings per share estimates. This highlights the company's challenge in balancing growth with profitability. Investors will watch whether it can improve earnings while expanding revenue.
Hims & Hers Lowers Profit Forecast, Shares Drop · Hims & Hers Health shares fell after the telehealth company reduced the upper end of its adjusted Ebitda forecast for the full year. The revision signals a more cautious outlook, potentially impacting investor sentiment.
NVDA: Nvidia Confirms Huge AI Funding Deal. These Financial Stocks Jump. · Nvidia confirmed a massive AI funding deal, boosting market sentiment. As a result, related financial stocks saw gains.
Rocket Lab reported revenue that beat expectations and provided optimistic revenue guidance for the next quarter. This indicates strong business momentum and positive market sentiment.
AAPL: Apple Stock Downgraded Ahead of iPhone 18 Launch · A Wall Street analyst on Monday downgraded Apple stock to the equivalent of a sell rating, citing issues with the company's upcoming iPhone smartphones.
Rocket Lab reported second-quarter results after the close, with AST SpaceMobile following. Both stocks hit historic highs earlier in second quarter, as the broader space industry experienced sectorwide excitement in the lead up to SpaceX's IPO.
Hims & Hers reported a wider-than-expected loss for the second quarter, causing shares to decline. The results highlight cost pressures as the company expands its market presence. Investors are concerned about the company's profitability.
CRWV: CoreWeave Closes $2.6 Billion Loan Facility, Expanding Financing Flexibility for AI Infrastructure · CoreWeave announced the closing of a $2.6 billion loan facility to enhance its financing flexibility. This move supports the company's continued expansion of AI infrastructure.
Apple downgraded at Jefferies over iPhone yields and growth concerns · Jefferies downgraded Apple (AAPL) to 'underperform' following reports of a canceled all-glass iPhone, reflecting concerns over iPhone yields and growth. The downgrade highlights challenges facing upcoming models.
Hims & Hers Health reported results that exceeded Q2 CY2026 expectations, yet the stock declined. This suggests market concerns about future prospects or valuation. Despite strong performance, investor sentiment remained cautious.
MU: Micron Stock Rises Despite Reported Apple Supplier Threat · Apple's reported testing of Chinese memory chips introduces another competitive variable as Micron's AI revenue reaches record levels.
NVDA: Nvidia and Partners Create Dedicated Fund Pool for AI Infrastructure Clients · Nvidia and its partners announced the creation of a dedicated fund pool for AI infrastructure clients. This move aims to support the construction and expansion of AI infrastructure.
ASML Stock Rises 1.7% as AI Demand Signal Strengthens · ASML shares rose 1.7% as signals of AI demand strengthened. The gain reflects optimism about semiconductor equipment demand. Investors are watching AI's impact on chip-making equipment.
NVIDIA announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish independent compute financing platforms, aiming to mobilize over $500 billion in third-party capital. This initiative is set to expand financing avenues for AI infrastructure, addressing the surging demand for compute resources.
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