Wed, 10 Jun 2026 - 08:25:21 PM ET
MSFT - NASDAQ NMS - GLOBAL MARKET
397.36
-6.05 (-1.50%)
Industry: Technology
Last: 397.36
At $132.07, Palantir Technologies (PLTR) is being priced to deliver 33.9% revenue growth annually for the next 7 years simply to defend today's 138.6x multiple. That sits below the 67.7% the business is currently growing at, which is the unusual part. The multiple has already priced in a slowdown that has not yet appeared.
Wall Street has plenty of reasons to run from Lululemon Athletica (LULU). The premium athletic apparel firm trimmed its full-year guidance, warned of lower demand in the second quarter, and highlighted further difficulties in its important Americas sector. But when a once-hot growth stock becomes ...
Oracle shares were sliding in late trading on Wednesday after the company reported mixed earnings results for its fiscal fourth quarter. Adjusted earnings per share were $2.11, above Wall Street’s consensus estimate of $1.96 and up from $1.70 last year. Oracle Cloud Infrastructure the unit that rents out AI servers over the internet, was again the star.
Oracle's capital spending for 2026 exceeded its projection and the cloud computing company said on Wednesday it would raise more debt in 2027, reflecting the staggering scale of cash burn needed to buildout its AI infrastructure. This includes its previously announced $20 billion at-the-market equity issuance. Oracle had said in February it aimed to raise as much as $50 billion this year through a combination of debt and equity sales.
Tech stocks were lower late Wednesday afternoon, with the State Street Technology Select Sector SPDR
Microsoft Cloud Unit Under Fire: China Job Cuts Highlight Growing Tech Divide
The Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) and the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) are photographic negatives of one another. MAGS holds only the seven mega-caps driving the AI cycle, while XMAG holds the S&P 500 with those same seven names surgically removed. Owning one is the inverse of owning the other, and 2026 ... XMAG vs. MAGS: Betting Against or All-In on the Magnificent 7?
The reported layoffs come as cloud and data rules grow more complex between the U.S. and China.
The Invesco QQQ Trust (NASDAQ:QQQ) and the Vanguard Information Technology ETF (NYSEARCA:VGT) are often shoved into the same “own Big Tech” bucket, but they answer different questions. QQQ tracks the Nasdaq-100, a listing-based index that is growth-heavy. VGT tracks the MSCI US Investable Market Information Technology 25/50 Index, a pure GICS sector fund. That distinction ... QQQ vs. VGT: The Best Way to Own Big Tech?
Oracle Corporation delivered a solid Q4, beating on non-GAAP EPS and revenue, and raised full-year guidance. Learn more about ORCL stock here.
Microsoft-backed (MSFT) OpenAI is in advanced talks to lease a proposed 10-gigawatt data center camp
Microsoft is limiting employees' use of Anthropic's Claude Fable 5 because of the AI startup's new data retention requirements, The Verge reported on Wednesday, citing sources. Anthropic on Tuesday said it is rolling out Claude Fable 5, a public version of its Mythos AI model, with guardrails barring its use in risky areas such as cybersecurity. Claude Fable 5 is the most powerful model Anthropic has made available for wider use, with the company citing its performance in software engineering and analytics.
