News
Western Digital Stock Hits All-Time High as AI Storage Demand Rallies
1+ week, 3+ day ago (253+ words) Western Digital stock surged 7% to a record high on Tuesday, June 16, 2026, after Morgan Stanley raised its price target by 33%. The move highlighted a broadening artificial intelligence storage trade that also lifted peer hardware manufacturers. The storage company extended gains from…...
Alphabet Shares Drop to $359 as Capex Explodes to $35 Billion
1+ week, 4+ day ago (338+ words) Alphabet Inc. shares dropped to an opening price of $359. 68 on June 12, 2026, following market digestion of an $80 billion capital raise and a massive surge in artificial intelligence infrastructure expenditures. The company expanded its first-quarter capital expenditures by 107. 44% year-over-year to $35. 67 billion, driving…...
China Operates First Wind Powered Underwater Datacentre Off Shanghai Coast
2+ week, 4+ day ago (326+ words) The facility was developed as a joint effort between Hi Cloud Technology and the state-owned enterprise, China Communications Construction. Submerged 10 meters beneath the ocean surface, the facility is situated more than 6 miles (10km) away from the Shanghai coastline. A nearby offshore…...
Alphabet Raises 45 Billion Dollars to Fund AI Infrastructure Initiatives
3+ week, 1+ day ago (277+ words) Alphabet raised $45 billion on Monday through an oversubscribed initial tranche of stock sales aimed at funding its extensive artificial intelligence infrastructure investments, according to statements from the tech conglomerate. As reported by Detik Finance, the corporate parent of Google initially…...
Alphabet Shares Drop Following Expanded AI Infrastructure Fundraise
3+ week, 1+ day ago (227+ words) Alphabet (NASDAQ: GOOGL) shares dropped 0. 76% to close at $358. 68 on Wednesday. Investors reacted to potential equity dilution stemming from the company's record-sized stock offering aimed at funding cloud and artificial intelligence infrastructure. As reported by Detik Finance, market participants are closely…...
Alphabet Increases AI Financing Package to 84. 75 Billion Dollars
3+ week, 1+ day ago (300+ words) Alphabet Inc (NASDAQ: GOOG) has expanded its previously announced equity financing strategy. The tech giant raised the total potential capital to $84. 75 billion from an initial target of $80 billion, as quoted from Detik Finance. This massive funding expansion aims to accelerate…...
NLRB Approves Agreement Settling Amazon Joint Employer Complaint
3+ week, 1+ day ago (274+ words) A National Labor Relations Board administrative law judge approved a settlement late last month between the federal agency's General Counsel and Amazon, effectively ending a process that could have designated the retailer as a joint employer with its delivery contractors,…...
Mongo DB Shares Surge After Stellar Earnings Quash AI Fears
3+ week, 1+ day ago (203+ words) Mongo DB Inc (NASDAQ: MDB) shares are experiencing a significant surge following last week's blowout earnings report. This rally adds momentum to a recovery that has already pushed the stock up nearly 40% from its pre-earnings levels, as reported by Detik…...
Snowflake Stock Surges 36 Percent Following Strong Fiscal Q1 Performance
3+ week, 1+ day ago (357+ words) Snowflake (NYSE: SNOW) experienced a significant market turnaround as a robust set of financial results for the first quarter of fiscal 2027, which ended on April 30, sent its shares skyrocketing, as quoted from Detik Finance. The cloud-based data platform saw its…...
Microsoft Beats Alphabet in Retirement Portfolio Debate
3+ week, 1+ day ago (411+ words) - MSFT wins the retirement portfolio debate over GOOGL despite trading at double the P/E and trailing on cloud growth. - Microsoft's $627 billion contracted revenue backlog and 23-year dividend record deliver compounding predictability that Alphabet cannot yet match. - The analyst who…...