The massive spending on AI infrastructure isn't showing any sign of slowing down...

STORY: While Big Tech companies have led market gains, some of those highly valued stocks have started to tumble.One of those is Palantir, which trades at nearly 250 times its 12-month forward earnings estimates."There's a reason why Palantir is down 15% in the last five days," Lynch said. "Coreweave is down 22% in the last five days, and Alphabet's actually flat. Alphabet's delivering tremendous free cash flow growth. It's growing. It beat its earnings estimates by 26%. Even if the AI kind of supercycle abates a bit, they've got a lot of non-AI kind of platform revenue opportunities in the next five years - whether that's search, whether that's cloud computing, whether that's Waymo, whether that's YouTube, et cetera."...

Investors mostly accepted the enormous AI-related capital spending from Big Tech, whose earnings are up 29%, mostly through spending with one another. The rest of the S&P 500 is up 5%...

Walt Disney's (DIS) Disney Entertainment Co-Chairs Dana Walden and Alan Bergman, along with ESPN Cha...

A lighthearted exchange between Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai and SpaceX chief Elon Musk followed Google's bold new plan to build the world's first AI data center in space. Google's Project Suncatcher Takes AI Beyond Earth On Tuesday, in a post on X, formerly Twitter, Pichai unveiled Project Suncatcher, an initiative to establish an AI data center in low Earth orbit powered directly by the sun. "Our TPUs are headed to space!" Pichai quipped, referring to Google's T...