WS #12290
Meta in talks to lease up to $10B in AI computing capacity to Anthropic, creating a new revenue stream for Meta and supporting AI infrastructure demand. KGI Securities downgrades Netflix from Outperform to Neutral with $75 price target, bearish for NFLX. Apple in early settlement talks with DOJ over antitrust case, potentially removing a major regulatory overhang and bullish for AAPL. Xi Jinping declares China will lead the world in AI, reinforcing competitive threat to US tech and bearish for semiconductor stocks.
Meta-Anthropic Compute Deal
Meta in talks to lease up to $10B in AI computing capacity to Anthropic, creating a new revenue stream for Meta and supporting AI infrastructure demand.
KGI Securities downgrades Netflix from Outperform to Neutral with $75 price target, bearish for NFLX.
Apple in early settlement talks with DOJ over antitrust case, potentially removing a major regulatory overhang and bullish for AAPL.
Xi Jinping declares China will lead the world in AI, reinforcing competitive threat to US tech and bearish for semiconductor stocks.