SAN FRANCISCO (Reuters) -OpenAI plans to add Alphabet's Google cloud service to meet its growing needs for computing capacity, three sources told Reuters, marking a surprising collaboration between two prominent competitors in the artificial intelligence sector. The deal, which has been under discussion for a few months, was finalized in May, one of the sources added. It underscores how massive computing demands to train and deploy AI models are reshaping the competitive dynamics in AI, and marks OpenAI's latest move to diversify its compute sources beyond its major supporter Microsoft, including its high-profile Stargate data center project...
Continue ReadingThe most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Redburn Atlantic upgraded Charles Schwab (SCHW) to Neutral from Sell with a price target of $82, up from $65. Schwab is the dominant player in the two fastest growing segments of the U.S. retail wealth management market – the self-directed market and the independent registered investment advisor custod...
Continue Reading↗️ Tesla (TSLA): Shares of the electric-vehicle maker continued their rebound from the rout last week that was sparked by Elon Musk's fallout with President Trump. The stock rose more than 1% . ↗️ Taiwan Semiconductor (TW:2330); (TSM): The world's largest contract chip maker reported a 40% rise in revenue in May compared to a year earlier...
Continue ReadingUS stock futures (ES=F, NQ=F, YM=F) are above their flatlines in Tuesday's pre-market trading ahead of May's Consumer Price Index (CPI) due out tomorrow, Wednesday, June 11. President Trump characterized trade talks with Chinese officials as "not easy" as the Trump administration negotiates export controls and rare earth minerals with the rival superpower. iPhone maker Apple (AAPL) seemingly underwhelmed investors with its AI announcements at its 2025 Worldwide Developers Conference (WWDC) on Monday. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingIBM's Software unit hits $6.34B in Q1 revenue as hybrid cloud and AI demand drive strong segment growth...
Continue ReadingThe latest investor updates on stocks that are trending on Tuesday...
Continue ReadingRecently, Zacks.com users have been paying close attention to Microsoft (MSFT). This makes it worthwhile to examine what the stock has in store...
Continue ReadingApple's major UI overhaul fails to impress investors, putting top tech ETFs with heavy AAPL stakes under the lens...
Continue ReadingSEATTLE, June 10, 2025--Amazon today announced the Amazon Key Access Control System—a lineup of customizable, property access solutions for multi-family buildings and gated communities. Amazon Key streamlines deliveries and building access, giving customers control over who can enter their property, or letting them answer their building's front door, from anywhere. The new Key Access Control System provides secure, convenient, and affordable ways for residents and staff to easily manage access,...
Continue ReadingGoogle’s AI Overviews and other AI-powered tools, including chatbots, are devastating traffic for news publishers, per a Wall Street Journal report. Now that people can simply ask a chatbot for answers – sometimes generated from news content taken without a publisher’s knowledge – there’s no need to click on Google’s blue links. That means referrals to news sites are plummeting, cutting off the traffic publishers need to sustain quality journalism. Google released AI Overviews, its search result...
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