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The Megacap Startup Diet 8/7/24

GenAI startup darlings are dropping like flies. Some of the most promising are increasingly being swallowed up by megacaps as they struggle to find v…

1 year, 7 months ago

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Big Tech’s $1 Trillion Wipeout 8/5/24

The extent of the tech sell-off today has been staggering, with billions of dollars wiped out from the Magnificent 7 alone in just the first two hour…

1 year, 7 months ago

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Intel Shares Freefall on Q2 Miss, Massive Cost-Cutting Plan 8/2/24

Shares of Intel are on pace for their worst day in 50 years after a tough second-quarter result. The chipmaker also announced a massive, $10 billion …

1 year, 7 months ago

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Apple Earnings on Deck: What to Watch 8/1/24

Some key themes to watch ahead of Apple earnings include signs the iPhone sales slump is coming to an end, whether new AI features will drive an upgr…

1 year, 7 months ago

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JD Vance Visits Silicon Valley 7/29/24

In Palo Alto, the epicenter of tech and VC money, JD Vance is headlining a fundraiser tonight hosted by a cryptocurrency executive where tickets are …

1 year, 8 months ago

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SearchGPT Takes on Google, Plus Tech Tumble Pressures Earnings 7/26/24

OpenAI just announced the prototype of a search engine called SearchGPT that now puts the pressure on Google, with what the startup says are more nat…

1 year, 8 months ago

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Streaming’s Role in Sports Rights, Plus Capex Concerns Weigh on Semis 7/25/24

The NBA is announcing a $76 billion TV rights deal with ESPN, Amazon and NBC Sports, essentially a snub to NBA’s longtime partner Warner Bros Discove…

1 year, 8 months ago

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Google’s Capex Problem, Plus Semis Drag On Market 7/24/24

One lesson from Alphabet earnings that we can expect from all megacaps this season: it's not cheap to be a hyperscaler in the age of AI. CEO Sundar P…

1 year, 8 months ago

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Wiz Walks from Google Deal 7/23/24

The cloud security startup Wiz is now walking away from a monster $23B deal to be bought by Google, telling employees it'll opt instead to pursue an …

1 year, 8 months ago

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TechCheck+ AI’s trillion dollar time bomb 7/19/24
TechCheck+ AI’s trillion dollar time bomb 7/19/24

There’s a time bomb ticking in the AI space: spending is too high, and returns are too low. Megacaps like Meta, Google and Amazon have seen capex spe…

1 year, 8 months ago

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