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Source: Proactive Investors News Agency
3 weeks ago
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Anthropic strikes $35 billion cloud deal with Nvidia-backed Lambda

Anthropic strikes $35 billion cloud deal with Nvidia-backed Lambda

Anthropic has agreed to a $35 billion deal to buy computing power from Nvidia-backed cloud provider Lambda, the Wall Street Journal reported, citing unnamed sources. The new capacity will be sourced from a Texas data center operated by bitcoin miner Hut 8, with Nvidia holding the underlying lease on the property, according to the report.

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NVDA NVIDIA Corporation
Source: Proactive Investors
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Source: 24/7 Wall Street News Agency
3 weeks ago
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Is Nvidia's $35 Billion Anthropic Pact the Ultimate Circular Financing Play?

Is Nvidia's $35 Billion Anthropic Pact the Ultimate Circular Financing Play?

$35 Billion at a Glance $35 billion. That is the size of the cloud compute deal Anthropic just signed, backed by NVIDIA (NASDAQ:NVDA | NVDA Price Prediction), according to a Wall Street Journal report.

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NVDA NVIDIA Corporation
Source: 24/7 Wall Street
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Source: 24/7 Wall Street News Agency
3 weeks ago
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Apple Rises 3% on John Ternus's First Day as CEO Even While NASDAQ Skids

Apple Rises 3% on John Ternus's First Day as CEO Even While NASDAQ Skids

A global bond selloff is splitting mega-cap technology today, and Apple‘s (NASDAQ:AAPL | AAPL Price Prediction) untouched balance sheet has become the reason it's leading the sector while its debt-funded peers stumble. Invesco QQQ Trust (NASDAQ:QQQ) is down 1.

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AAPL Apple Inc.
Source: 24/7 Wall Street
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Source: 24/7 Wall Street News Agency
3 weeks ago
Stock Medium Importance AI Analyzed
This $5 Trillion Company Could Be Worth $8 Trillion by 2030

This $5 Trillion Company Could Be Worth $8 Trillion by 2030

NVIDIA just posted record quarterly revenue while its stock barely budged, and the gap between what Wall Street expects and what the next four years could actually deliver may be wider than almost anyone realizes.

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NVDA NVIDIA Corporation
Source: 24/7 Wall Street
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Source: 24/7 Wall Street News Agency
3 weeks ago
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Big Tech Spent Over $1 Trillion on AI. The Bill Does Not Arrive Until It Depreciates.

Big Tech Spent Over $1 Trillion on AI. The Bill Does Not Arrive Until It Depreciates.

The sticker shock in Big Tech earnings this year came from the capital expenditure line. Microsoft (NASDAQ:MSFT | MSFT Price Prediction) spent $115.95 billion on property and equipment in the fiscal year ended June 2026.

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MSFT Microsoft Corporation
Source: 24/7 Wall Street
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Source: 24/7 Wall Street News Agency
3 weeks ago
Stock Medium Importance AI Analyzed
‘Your Stock Doesn't Know Your Name': Wes Moss on Owning Too Much Apple, Google

‘Your Stock Doesn't Know Your Name': Wes Moss on Owning Too Much Apple, Google

A 45-year-old investor with a million dollars on the line and a third of it riding on three stocks asked Wes Moss how to escape. His answer starts with a mindset shift most investors resist making.

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AAPL Apple Inc.
Source: 24/7 Wall Street
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Source: Finbold News Agency
3 weeks ago
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Wall Street sets Amazon stock price for next 12 months

Wall Street sets Amazon stock price for next 12 months

Though Amazon (NASDAQ: AMZN) stock suffered an 8.54% decline to $259.77 through August and is facing a new FTC lawsuit over alleged overcharging, Wall Street analysts remain optimistic about the e-commerce and technology giant.

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AMZN Amazon.com, Inc.
Source: Finbold
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Source: TechXplore News Agency
3 weeks ago
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US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: Lawsuit

US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: Lawsuit

The U.S. Federal Trade Commission (FTC) and 22 states sued Amazon on Monday for allegedly "manipulating" online auctions for digital advertising, resulting in more than $20 billion in overcharges for 1.2 million customers.

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AMZN Amazon.com, Inc.
Source: TechXplore
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Source: Invezz News Agency
3 weeks ago
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Tesla stock jumps 5.5% ahead of Cybercab launch: can its $1.45T valuation hold?

Tesla stock jumps 5.5% ahead of Cybercab launch: can its $1.45T valuation hold?

Tesla stock (NASDAQ: TSLA) surged 5.5% on Monday as investors positioned for a key autonomy event, putting its $1.45 trillion valuation back under scrutiny. The stock closed at $367.95 on August 31, extending its August gain to about 18% as the broader market slipped.

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TSLA Tesla, Inc.
Source: Invezz
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Source: Benzinga News Agency
3 weeks ago
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Apple CEO John Ternus Has a Big AI Opportunity: BofA Sees ‘Device Dominance' Ahead, Eyes Nearly 20% Upside for AAPL

Apple CEO John Ternus Has a Big AI Opportunity: BofA Sees ‘Device Dominance' Ahead, Eyes Nearly 20% Upside for AAPL

Apple Inc. (NASDAQ:AAPL) CEO John Ternus is positioned to secure the tech giant's “device dominance” as the artificial intelligence revolution accelerates, according to BofA Securities, which reiterated a Buy rating and a $380 price target, pointing to nearly 20% upside for AAPL stock.

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AAPL Apple Inc.
Source: Benzinga
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