2026-07-24 13:04 UTC · QUOTES VIA STOOQ
NVDA -0.36% · C +0.09% · SNOW +1.08% · ADBE +1.38% · GOOG -0.02% · MSFT +1.19% · AMD +1.17% · PLTR +0.88%
Equities, earnings prints, the daily AI-equity tape.
Alphabet Q2 revenue hit $119.8B with Cloud at $24.8B; Intel posted its fastest growth in 15 years as Data Center & AI surged 59% to $6.3B.
Lisa Su unveiled the first x86 CPU on TSMC's 2nm node and a $5.25M Helios rack the same afternoon Intel reported Q2 results, framing a 12-month competitive gap.
Google Cloud accelerated to 82% growth on TPU and AI infrastructure demand — then Alphabet raised full-year capex guidance for the second time this year.
Alphabet's Q2 2026 report is the season's first hyperscaler read. Options imply a 5.3% swing on cloud growth, capex trajectory, and whether free cash flow keeps compressing.
Q2 revenue beat consensus by $2.9B and Google Cloud printed $24.8B against a $22.4B Street bar; shares slipped on the analyst call as capex guidance jumped.
The iShares Semiconductor ETF has fallen 20% since its June 22 record after China's Moonshot unveiled a frontier open model, with Intel down 33% and Micron 30% off recent highs.
The NYT-first-reported deal would turn Meta's $145B capex build into a revenue line and pit it against CoreWeave and Nebius.
The 2.8-trillion-parameter open model helped tank the SMH ETF nearly 9% for the week and briefly cost Nvidia the world's most-valuable-company crown.
Krishna blames late-June client pivot to servers, storage, and memory; Salesforce, ServiceNow, and Alphabet drag in the sector rout.
Anthropic proposed a two-year deal in June that would pay Meta in monthly increments; META closed down 2% Friday as the PHLX Semiconductor Index shed 11% on the week.
The 2.8-trillion-parameter open-weight model unveiled in Shanghai has helped drag the Philadelphia Semiconductor Index down more than 20% from its June record high.
Microsoft's AI run rate hit $37B up 123%, Google Cloud grew 63%, and hyperscaler 2026 capex is tracking near $700B. IDC says SMBs are still hunting pragmatic, ROI-first tools.
Preliminary Q2 revenue of $17.2B missed by $660M as customers redirected capex to memory and servers ahead of price hikes; $67B in market cap gone.
JPM's Q2 equities revenue jumped 86% to $6.03 billion as June CPI landed at 3.5% — but a reinstated Iran blockade sent Brent above $85 and knocked Nvidia 3.5% lower.
The Korean memory giant priced 177.9M ADRs at $149 and closed Friday at $168.01, as CEO Kwak Noh-jung warned 2027 will be the industry's worst-ever supply shortage.
The South Korean memory maker's ADRs priced at $149 and closed near $168 Friday, the biggest first-time US listing by a foreign company on record.
Micron's raised domestic capex plan lifted the semi complex Thursday; CRM fell 4.5% after KeyBanc cut it to sector weight on Agentforce concerns.
Reuters reported DeepSeek is building its own inference chip hours before Samsung's 19-fold Q2 profit jump underwhelmed the AI bar; MU fell 4.7%, SMH lost 3%+.
Samsung shares fell as much as 8% in Seoul despite a 1,800% operating-profit forecast, dragging Micron −4.7% and the SMH more than 3% lower as a Reuters DeepSeek chip scoop compounded the rout.
The Philadelphia Semiconductor Index is up 47% in 2026 and Micron, Intel and AMD added $2 trillion in Q2 market cap — Nvidia has gained just 3.2%.
Zuckerberg's plan to sell excess AI capacity sent shares surging, but BofA's 'snapback' warning and neocloud fears rewired the tape.
A Bloomberg report on Meta's planned cloud unit lifted META shares nearly 9% Wednesday, while a BofA bubble-risk print of 0.91 on semiconductors triggered a sharp software-over-hardware rotation.
Zuckerberg's move to sell excess AI capacity puts META against AWS, Azure, and Google Cloud — and against its own $21B CoreWeave tenant.
Bloomberg's July 1 scoop that Meta will sell surplus AI compute and hosted Muse Spark models sent neoclouds tumbling and lifted a stock down 15% YTD.
MU rivals AWS Bedrock with hosted-model access; CoreWeave and Nebius sink ~12% as a key customer becomes a competitor.
META closed up nearly 9% Wednesday on plans to sell surplus AI capacity to outside customers; CoreWeave and Nebius each fell about 12% as the move threatens their largest source of growth.
Oracle jumped in pre-market Wednesday after William Blair named it a top July pick, capping a rebound from last week's 19% drawdown — the stock's worst week since 2001.
Hyperscalers off double-digits from 52-week highs as investors demand proof the $725B 2026 spend is translating to revenue.
The CNBC Magnificent 7 Index has fallen 10% in June 2026 with Microsoft down 20% and Nvidia off 13%, even as chip-equipment names rally on memory shortages.
Sam Altman is leaning past a 2026 debut after SpaceX's post-IPO slide spooked advisers; SoftBank fell the most since August 2024 and the Nasdaq sank a sixth straight session.
MU revenue tripled YoY and EPS of $25.11 blew past the $20.83 consensus, capping a week in which memory and AI chip names shed 13%+ before the print.
MU jumped 15% to $1,213 on a Q4 sales forecast that beat consensus by roughly $7B, before a Times report that OpenAI may push its debut to 2027 cooled the rally.
Bankers cite SpaceX post-IPO slide and tech volatility as ChatGPT maker pushes listing past fall 2026. SoftBank, underwriters slump on the news.
MU jumped 15% after-hours on a 346% revenue jump, 84.9% gross margins, and $22B in locked customer cash commitments — unwinding the June 23-24 AI capex selloff.
The Nasdaq has fallen more than 6% from its June 2 high as investors revolt against AI capex, but NOW surged Friday on an expanded IBM partnership and broker bullishness.
Fable 5 and Mythos 5 have been suspended globally since June 12, injecting a regulatory-shutdown risk into a pre-IPO narrative built on a $47B run-rate and a projected first profitable quarter.
MU jumped ~15% after-hours after revenue rose 346% YoY and management guided next quarter to $50B ± $1B with 86% gross margin.
Anthropic submitted draft IPO paperwork June 1 at a $965B valuation; OpenAI followed June 8 off an $852B mark. With SpaceX on the road near $1.75T, the trio targets the largest simultaneous capital raise on record.
Anthropic submitted June 1 at a $965B mark; OpenAI followed June 8 at $852B post-money. Wedbush calls it the floodgates opening.
Jonas Adler and Alexander Pritzel are headed to Anthropic, compounding last week's exits of Noam Shazeer to OpenAI and Nobel laureate John Jumper. Alphabet closed down ~5% Monday, its steepest one-day drop since May 2025.
GOOGL closed down ~5% Monday, its worst session in over a year, after Gemini co-lead Noam Shazeer and Nobel laureate John Jumper left DeepMind for rivals.
Nasdaq closed at 25,587 Tuesday after a 580-point drop; Kospi tripped a circuit breaker at -10%, and Fed hike odds by year-end jumped to nearly 90%.
Alphabet fell as much as 7.2% Monday — its worst intraday move since February — after back-to-back defections of two top AI researchers landed alongside a Nadella interview calling AI 'commoditized.'
Morgan Stanley, Goldman Sachs and JPMorgan lined up on the deal; OpenAI followed days later with its own confidential filing at $852B.
Anthropic filed June 1 at a $965B valuation, OpenAI followed June 8 at $852B, and SpaceX debuts Friday — the three largest IPOs on record could all price by November.
RPO grew $85B sequentially to $638B, up 363% YoY; Bank of America says OpenAI is more than half of it. Oracle plans another $40B in debt and equity in FY2027.
OpenAI submitted draft paperwork Monday, one week after Anthropic filed at a $965B valuation and days before SpaceX's record listing prints.
INTC opened up $12.72 on Trump's Truth Social claim of an Apple manufacturing pact; the Philadelphia Semiconductor Index advanced more than 6% to a record. Neither company has confirmed.
Q4 revenue and EPS topped estimates and RPO surged 363% to $638B, but a planned FY2027 capital raise and negative $23.7B free cash flow rattled shareholders.
The Claude maker submitted draft paperwork to the SEC on Monday, one week after a $65B Series H. OpenAI followed seven days later.
Vanda Research's new label folds SpaceX, OpenAI and Anthropic into the seven incumbents; the three new entrants alone carry a combined $3.6T in pipeline valuation.
Q2 FY2026 revenue of $10.68B blew past the $9.79B Street consensus; shares closed up 19% Tuesday in HPE's best day ever as the company raised FY26 guidance by a full dollar and issued a rare FY27 framework.
ChatGPT maker submitted draft paperwork Monday with Goldman Sachs and Morgan Stanley as leads; last private mark was $852B, against Anthropic's $965B and SpaceX's $1.8T.
OpenAI's June 8 submission lands a week after Anthropic's $965B filing and days before SpaceX trades — three of the largest listings on record converging on Wall Street.
SPCX jumped 19% from a $135 offer price Friday, briefly pushing market cap above $2.25 trillion as Goldman framed the deal as proof capital markets will fund AI infrastructure.
SPCX closed up 19.34% Friday after raising $75B in the largest IPO on record, with OpenAI's confidential S-1 and Anthropic's $965B round next in line.
Cloud infrastructure grew 93% and RPO ballooned to $638B, but a 162% jump in capex and another $40B financing plan rattled shares.
ORCL beat with $19.2B in Q4 revenue and 93% OCI growth, but shares fell after-hours when management flagged ~$40B in new FY2027 debt and equity.
SPCX raised $75B at a fixed $135 share price, drew $250B in orders, and lists with a 4.3% float and Musk's dual-class voting control intact.
Fixed-price deal blows past Saudi Aramco's 2019 record; SPCX begins trading on Nasdaq with 30% retail allocation and Musk holding 82% voting control.
MarketsandMarkets sees the AI economy growing from $602B to $3.6T at a 29.3% CAGR, even as the Nasdaq dropped 2.9% Tuesday and an SAS/IDC survey found most small businesses stuck in pilots.
Musk's rocket-and-AI conglomerate is on track to price 555.6M shares at $135 Wednesday and open as SPCX Friday at a $1.77T valuation.
ORCL beat on Q4 revenue and EPS, with OCI up 93%, then sank after-hours as capex hit $55.7B and the company flagged another $40B raise for FY2027.
Morgan Stanley-led syndicate begins marketing the largest IPO ever as Morningstar pegs fair value at $780B and Anthropic's $1.25B/month compute deal underwrites the AI thesis.
S&P Dow Jones Indices will swap MRVL in for Pool Corp on June 22, six trading days after Jensen Huang called Marvell the next trillion-dollar company at Computex.
The Claude maker submitted a draft registration to the SEC days after a $65B Series H, setting up a head-to-head AI listing race with OpenAI and SpaceX.
Dell's AI-Optimized Server revenue grew 757% to $16.1B; HPE's best-ever single-day gain followed a $1 EPS guide-raise and $16.4B in cumulative AI bookings.
Q2 AI semi revenue grew 143% to $10.8B and Q3 guidance of $29.4B beat the Street — but Hock Tan declined to lift the FY27 $100B AI target.
The Claude maker submitted draft paperwork Monday, days after a $65B Series H eclipsed OpenAI's private mark.
The Claude maker submitted a draft S-1 days after a $65B Series H, with Q2 revenue guided to $10.9B and a run rate on track to clear $50B.
AVGO posted record Q2 revenue of $22.19B and AI chip sales of $10.8B, but Hock Tan's refusal to raise the $100B full-year AI target triggered the first revenue miss since December 2024.
Claude-maker submitted draft paperwork Monday — one week after a $65B Series H — with Q2 revenue tracking $10.9B and annualized run-rate set to clear $50B by month-end.
Nvidia CEO Jensen Huang's onstage endorsement in Taipei added more than $40B to Marvell's market cap in a single session and lifted shares another 10% premarket Wednesday.
Nvidia CEO used his GTC Taipei keynote to push the company into Windows laptops, confirm Vera CPU is in full production, and tease an unannounced second-half product.
DELL Q1 FY27 revenue hit $43.8B, up 88% YoY; AI-optimized server revenue rose 757% to $16.1B. Snowflake +36%, ServiceNow +6%, Palantir +8% on the read-through.
SNOW raised full-year product revenue guidance to $5.84B and inked a five-year Graviton infrastructure pact with AWS as Q1 grew 33% YoY.
MU jumped 19% Tuesday after UBS analyst Timothy Arcuri raised his target from $535 to $1,625, projecting $400B in cumulative free cash flow through 2029.
Data Center segment up 92% YoY; Hyperscale at ~50% of mix; Q1 FY27 adjusted EPS of $1.87 beats consensus $1.76.