WS #10430
GOOGL down 5.1% on J.P. Morgan pushing back against in-house chip rumors that threatened AVGO; AMZN, ORCL, MSFT also red. Ransomware group published over 200,000 leaked files from Tata Electronics, including purported Apple and Tesla trade secrets; Apple investigating exposure. SpaceX signs $6.3B computing power deal with Reflection AI for Nvidia GB300 chips at Colossus 2 data center, starting July 1.
Cloud/tech selloff led by GOOGL
GOOGL down 5.1% on J.P. Morgan pushing back against in-house chip rumors that threatened AVGO; AMZN, ORCL, MSFT also red.
Ransomware group published over 200,000 leaked files from Tata Electronics, including purported Apple and Tesla trade secrets; Apple investigating exposure.
SpaceX signs $6.3B computing power deal with Reflection AI for Nvidia GB300 chips at Colossus 2 data center, starting July 1.