From left, Advanced Micro Devices CEO Lisa Su and CoreWeave CEO Michael Intrator testify before the Senate Committee on Commerce, Science, and Transportation in Washington on May 8, 2025. The tech leaders testified about the global artificial intelligence race and where the United States can remain competitive.CoreWeave shares jumped as much as 8% on Monday after the provider of cloud infrastructure for artificial intelligence workloads disclosed an order worth at least $6.3 billion from Nvidia.Under the te ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

Group 1 - Althera42 is a new fund launched by former BlackRock executive Caspar Macqueen and Christian Czernich, focusing on providing working capital to companies in Europe's digital infrastructure without taking equity stakes [2][5] - The fund aims to raise $300 million and plans to execute between 15 and 20 deals primarily in Europe and the UK, with potential North American investments [6] - Althera42's investment strategy involves exchanging upfront capital for a fixed percentage of future revenues over several years, allowing companies to access capital without diluting equity or incurring rigid debt obligations [3][4] Group 2 - The fund targets late-stage private companies with annual revenues between €10 million and €100 million (approximately $17 million to $117 million), focusing on those with recurring or licensing-based revenue models [7] - Althera42's royalty investment model combines the upside of venture capital with the steady cash flow of private debt, with gains distributed to investors quarterly [4] - The fund charges a 2% management fee and a 20% performance fee [4]

Core Insights - Oracle Corp. has experienced a significant stock increase, with an 82% rise year-to-date and a 27% gain in the past week, following a historic rally influenced by OpenAI's impact on technology markets [1][5] - The company's performance is closely linked to OpenAI, having signed multibillion-dollar cloud contracts that resulted in a 359% year-over-year increase in performance obligations, reaching $455 billion [2][5] Financial Performance - Oracle's stock saw its largest jump since 1992, attributed to surging cloud commitments and a strong backlog [1][5] - The company briefly reached a market valuation of $930 billion before settling around $830 billion, approaching the trillion-dollar milestone [5] Industry Impact - OpenAI's commitment to spend $300 billion on computing power over five years starting in 2027 is part of a $30 billion cloud deal with Oracle, which was first disclosed in June [3][5] - The ripple effects of OpenAI's spending have positively impacted other tech companies, such as Broadcom, which saw a 10% increase after securing a $10 billion order from OpenAI [3][4] Competitive Landscape - Despite Oracle's recent success, some analysts caution that the company is still considered a "B-level hyperscaler," lagging behind major competitors like Amazon, Microsoft, and Google in terms of infrastructure scale and AI software presence [6]

Google parent Alphabet (GOOG, GOOGL) became the fourth company to hit a market cap of $3 trillion Monday. The stock move comes after the company avoided the worst of the potential consequences in its antitrust trial, with federal district court Judge Amit Mehta ruling earlier this month that Google won't have to sell its Chrome browser. Google joins the likes of Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA) in the $3 trillion space, though Nvidia has since climbed to $4 trillion on the strength of its ...

Core Insights - The article emphasizes that companies leveraging artificial intelligence (AI) are prime candidates for quality growth stocks, with Amazon being a notable example due to its significant profit and cloud computing growth driven by AI integration [1]. Group 1: Amazon's Financial Performance - Amazon's net income rose from $13.5 billion in Q2 2024 to $18.2 billion in Q2 2025, reflecting the company's focus on AI innovation and operational efficiencies in e-commerce [3]. - Analysts project Amazon's earnings to grow at an annualized rate of 17%, indicating strong future financial performance [7]. Group 2: AI and Operational Efficiency - The company has deployed over 1 million robots in its warehouses, enhancing order processing speed and contributing to cost savings and profit growth [4]. - AI is driving operational efficiencies in Amazon's e-commerce business, which is expected to further enhance margins [7]. Group 3: Cloud Computing Leadership - Amazon Web Services (AWS) experienced a 17% year-over-year growth in Q2, with expectations for revenue growth to accelerate to over 20% by 2026, serving as a key catalyst for the stock [6]. - The custom Trainium2 chip is powering AI models for both Amazon and its partners, showcasing Amazon's leadership in cloud computing [5].

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)---- $SNOW #TheAIDataCloud--Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced that Fortune awarded Snowflake the number one spot on its 2025 Fortune Future 50â"¢ list. Fortune's annual list recognizes publicly traded and venture- backed private companies for their resilience and potential for sustainable growth amid a volatile global economy. This marks the second time Snowflake has topped the list in three years. "We're honored to be named to ...

We recently published 10 Stocks That Made Millionaires in Just a Week. Nebius Group NV (NASDAQ:NBIS) is one of the best performers in last week’s trading. Nebius Group surged by 38.09 percent week-on-week, as investors loaded positions after securing an $18 billion cloud computing deal with Microsoft Corp. On Monday, Nebius Group NV (NASDAQ:NBIS) said it bagged a multi-year agreement with Microsoft Corp. to deliver AI infrastructure to the latter from its new data center in Vineland, New Jersey. Nebius ...

CoreWeave (CRWV) were higher by about 5% in early U.S. trading Monday after the cloud computing company entered into a $6.3 billion deal with Nvidia (NVDA) to guarantee use of its excess server capacity, according to a filing with the Securities and Exchange Commission. Under the agreement, Nvidia will buy any unused computing resources from CoreWeave through April 2032. The arrangement ensures that CoreWeave’s vast fleet of data centers will not sit idle if customer demand fluctuates. If CoreWeave’s clie ...

AI hyperscaler CoreWeave (NASDAQ:CRWV) disclosed a $6.3 billion new order form with Nvidia (NASDAQ:NVDA) under its existing 2023 services deal, giving Nvidia rights to buy unused data center capacity through April 13, 2032. Shares of CoreWeave rose nearly 5% in morning trading ...