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Alphabet capex hike triggers rotation into hardware

Alphabet's decision to increase capital expenditure guidance caused a rotation out of software and into semiconductor and hardware infrastructure plays, despite strong cloud revenue growth.

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Bloomberg Markets

Tesla margin deterioration

Former Tesla president Jon McNeill argues that Tesla's aggressive discounting to drive top-line growth is severely damaging margins, and suggests the core product line is dated.

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Bloomberg Markets

Oil market buffers exhausted

Bob McNally of Rapidan Energy argues that global oil buffers, including SPR releases and Chinese demand reduction, are exhausted, leaving prices vulnerable to sharp spikes if Middle East tensions persist.

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CNBC

ServiceNow AI governance platform

ServiceNow CEO Bill McDermott claims the company's 'AI control tower' provides governance for Fortune 500 companies, including token consumption management and a 'kill switch' for rogue AI agents.

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Bloomberg Markets

US alleges Chinese AI firm Moonshot used illicit NVIDIA servers

White House official Michael Kratsios alleged that Chinese AI startup Moonshot acquired NVIDIA GB300 Blackwell servers via Thailand and used them to conduct large-scale distillation against US large-language models.

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