Stocks · News reference
Claude now earns 31 cents for every $1 ChatGPT makes on mobile, up from just 3 cents in January, as Anthropic rapidly closes the revenue gap.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Trump signed an order establishing a U.S. Space Academy to train future astronauts, engineers and scientists amid growing talent shortages.
Read original at benzingaA Wall Street Journal report revealed that major tech companies have $3 trillion in off-balance-sheet AI infrastructure commitments. While this initially spooked markets and caused Vertiv and GE Vernova stocks to drop, the article argues the figure isn't surprising given known spending plans, and these commitments are likely to be fulfilled due to contractual obligations and growing evidence that AI investments are delivering returns.
Read original at the-motley-foolThe bull market remains fundamentally strong despite elevated valuations and seasonal election volatility risks. Two major liquidity engines—extraordinary AI capital spending (projected at ~$1 trillion by 2027) and expansionary federal deficit spending (~$1.9 trillion in 2026)—are driving robust economic growth and corporate earnings. Earnings growth is broadening beyond mega-cap tech companies, with S&P 500 companies (excluding Micron and Alphabet) showing 21.5% earnings growth. While midterm election seasonality historically creates 8.1% average drawdowns, the fundamental backdrop suggests any weakness would present buying opportunities.
Read original at zacks-investment-researchPeter Thiel's hedge fund Thiel Macro rebuilt a $419 million portfolio in Q2 2026, allocating roughly 33% across three energy stocks: Vista Energy, Vistra, and X-Energy. Thiel views electricity as the critical bottleneck for AI development rather than chips, positioning in nuclear and energy infrastructure to enable AI hyperscaler operations.
Read original at the-motley-foolMarvell Technology stock fell 10.28% despite beating Q2 earnings estimates with 37% sales growth and 50% EPS growth. The decline was driven by investor disappointment over softer fiscal 2028 guidance and lack of details on the Google partnership deal. The stock trades at a lofty 53x forward earnings valuation, and analysts expect more clarity at the company's October Investor Day.
Read original at the-motley-foolRosenblatt and Needham both raised price forecasts on Marvell Technology (MRVL) to $300 following fiscal Q2 results and an upgraded revenue outlook driven by data center demand.
Read original at benzinga