Bloom Energy Rises 12% After Partnering with European AI Infrastructure Upstart in $2.6 Billion Deal
Bloom Energy announced a partnership with European AI‑cloud provider Nebius, under a ten‑year agreement that could generate up to $2.6 billion in service fees. Nebius will install Bloom’s fuel‑cell systems in its U.S. data centers, delivering 250 MW of guaranteed power and 328 MW of installed capacity. The deal lifts Bloom’s shares more than 12 % to a 52‑week high, while Nebius jumps over 16 %. The collaboration aims to alleviate the power bottleneck that hampers AI infrastructure expansion in Europe.
AMD to Invest $10 Billion in Taiwan's AI Industry to Advance Top-End Chips
AMD announced a $10 billion investment in Taiwan's semiconductor and AI ecosystem, targeting advanced chip packaging and manufacturing. The program will partner with local firms such as ASE, SPIL, Sanmina, Wiwynn, Wistron and Inventec to accelerate development of its Helios AI...
Airbnb Adds Hotels, Car Rentals. Chesky Says App Can Become an 'Amazon for Services'
Airbnb announced a major expansion of its marketplace, adding independent hotels, car‑rental services, grocery delivery and luggage storage to its app. The rollout includes a new incentive of up to 15% back in platform credits for bookings of these services....
Bezos Says 2-3 Year Timeline for Space Data Centers Is a 'Little Ambitious'
Amazon founder Jeff Bezos told CNBC that while orbital data centers are realistic, the commonly cited two‑to‑three‑year timeline is overly optimistic. He identified high energy consumption and expensive processors as the two biggest obstacles, adding that launch costs also need...
Nvidia to Launch Singapore Research Hub as City-State Boosts AI Plans
Nvidia is opening its first research hub in Singapore, its second in the Asia‑Pacific region, to push forward embodied AI and improve AI infrastructure efficiency. The lab will partner with local universities, industry players and government agencies. Singapore simultaneously announced...
Musk Loses in Court, Home Depot Earnings, DOJ's 'Lawfare' Fund and More in Morning Squawk
Elon Musk’s lawsuit against OpenAI was dismissed after a jury ruled it fell outside the three‑year statute of limitations, ending a high‑profile Silicon Valley clash. Seagate’s stock slumped nearly 7% as its CEO warned of factory‑build delays, pulling down other...
Jim Cramer: Why the Bond Market Has Become a Thorn in the Market's Side
Jim Cramer warned that soaring Treasury yields and higher oil prices are putting the bond market in the driver’s seat, threatening the recent stock‑market rally and dimming expectations for Federal Reserve rate cuts. He cautioned that a volatile bond market...
Bill Ackman Gets Into Microsoft for Reasons Similar to Cramer's Arguments to Hold It
Bill Ackman's Pershing Square disclosed a sizable Microsoft stake, sending the stock up about 4% on the news. Ackman highlighted the company’s strong balance sheet, ongoing AI Copilot investments, and a valuation gap after a roughly 12% year‑to‑date decline. Jim...
The Tech Download: Trump's China Visit Left Chip Export Issue Unresolved, with Rare Earths Deal Still Uncertain
President Donald Trump’s May 2026 visit to China, accompanied by top U.S. tech CEOs, failed to address the looming chip export control dispute, leaving Nvidia’s H200 AI chip sales to Chinese firms in limbo. The bilateral talks also left the...
EU to Crack Down on TikTok, Instagram's ‘Addictive Design’ Targeting Kids on Social Media
The European Commission announced plans to curb "addictive design" features on TikTok and Instagram, targeting endless scrolling, autoplay and push notifications that lure children. A new EU‑backed age‑verification app, designed for integration with digital wallets, will enforce minimum‑age rules and...
Trump Rejects Iran's Proposal, Alphabet's Rally, Target 'Baby Boutiques' And More in Morning Squawk
President Donald Trump dismissed Iran’s counter‑offer to a U.S. peace plan, sending oil futures higher as investors brace for a prolonged Middle‑East conflict. Alphabet surged 160% over the past year, briefly overtaking Nvidia’s market value amid aggressive AI‑related equity bets....
Jim Cramer Says 'It's Not to Late' To Own AI Winners Powering the Market
Jim Cramer told investors that the AI‑driven rally in semiconductors and data‑center stocks is far from over, noting that both the Nasdaq Composite and S&P 500 closed at record levels after a week of double‑digit gains in the sector. He called...
The Tech Download: Meta, Google Enter AI Agent Race as ‘Agentic Wars’ Heat Up
OpenClaw’s viral launch sparked a rush among Big‑Tech to build agentic AI tools, and this week both Meta and Google disclosed active development of personal AI assistants. Meta aims for a highly personalized assistant that handles everyday tasks, while Google...
Tech Stocks Could Offer Their Best Value in Years, Analysts Say, After Stellar Earnings Season
U.S. technology stocks have rebounded after a series of robust earnings reports, positioning the sector at its most attractive valuation in years. Morningstar’s analysis shows the AI theme trading at its deepest discount since 2019, while the S&P 500 Information...
Jim Cramer Says Big Tech Cannot Afford to Be Cheap on AI Spending
Jim Cramer warned that big‑tech cloud providers can’t skimp on AI‑related capital spending because the demand for compute power already exists. He highlighted Amazon Web Services’ $200 billion capex plan as proof that AI infrastructure is no longer speculative. Cramer argued...