Code & Brew
Google Investment According to Reuters, “Google to spend $9 billion in Oklahoma to expand AI, cloud infrastructure”, the investment expands U.S. data‑center capacity and talent pipelines, accelerating national AI capacity and competition for cloud services; the central theme is AI. [Reuters] OpenAI Model Policy According to The Verge, “ChatGPT won’t remove old models without warning…
Chip Diplomacy According to Reuters, “China wants US to relax AI chip-export controls for trade deal, FT reports”, Beijing is pressing to ease export-controls on high-bandwidth memory (HBM) chips ahead of a possible Trump‑Xi summit, a development that could recalibrate global AI supply chains and security calculations. [Reuters] Market Access Deal According to Reuters, “Nvidia,…
Apple’s $100 Billion U.S. Investment Apple plans to invest an additional $100 billion in the U.S., totaling $600 billion, to boost domestic manufacturing and reduce reliance on Chinese production. This move aligns with President Trump’s trade policies and aims to strengthen American industry. [ft.com] Market Reactions to Semiconductor Earnings The S&P 500 and Nasdaq saw…
Global M&A Activity Surges Amid AI Investments According to Reuters, “Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth,” highlighting a significant increase in mergers and acquisitions driven by artificial intelligence and growth initiatives. This surge underscores the pivotal role of AI in shaping corporate strategies and market dynamics. Wall…
Tech Giants Thrive Amid Economic Disparities According to the Financial Times, “Wall St and Silicon Valley ride high as tariffs hit Main Street,” major tech companies like Apple, Meta, and Microsoft have reported impressive second-quarter earnings, with the technology sector experiencing annual earnings growth of 41%. This surge contrasts sharply with consumer-facing industries struggling under…
Figma debuted on the NYSE under the ticker symbol FIG, pricing its shares at $33—slightly above its revised $30–32 guide range. The offering raised about $1.2 billion in total, though only approximately $400–411 million went to the company itself—the remainder came from existing shareholders divesting their stakes. Figma’s valuation at IPO stood at $19.3 billion, nearly matching the…
In this stimulating CNBC segment, Doug Clinton, CEO of Intelligent Alpha, offers his expert insights on the upcoming earnings reports from major tech companies. As these industry giants prepare to unveil their latest financial results, Clinton underscores the importance of understanding the broader economic implications that accompany these announcements. He highlights specific areas to watch,…