Visa, Google, and Stripe have become premier members of the x402 Foundation, which is developing a new protocol to enable AI agents to make micropayments directly over the web without human intervention or subscriptions. The protocol, named after the HTTP 402 status code for 'payment required,' aims to overcome traditional card fee barriers that made small payments uneconomical. By creating an open standard under the Linux Foundation, the initiative seeks to avoid dominance by any single company and potentially transform online content funding from ads to tiny payments per request. However, the success depends on widespread adoption and companies allowing AI agents to spend within set limits, which remains unproven.
Bank of America expects Alphabet to report a strong Q2 with revenue of $102.1 billion and EPS of $8.38, driven by surging Cloud growth and an $80 billion boost from the revaluation of its Anthropic stake. Cloud revenue is projected to grow 70%, suppo...
Billionaire investor Bill Ackman's concentrated stock portfolio is accessible through the Pershing Square USA (PSUS) fund, but investors can also gain similar exposure via low-cost ETFs like Vanguard Mega Cap ETF (MGC) and Vanguard Growth ETF (VUG). ...
Alphabet's stock is gaining optimism due to its leadership in artificial intelligence and a rapidly expanding cloud computing business. UBS set a $430 price target, implying a 16% upside from the current price of $370.21. Investor confidence is bolst...
Alphabet Inc. resolved a major antitrust issue by agreeing to allow third-party app stores on its Play Store, following a settlement with Epic Games. This legal clarity boosted investor confidence, further strengthened by Berkshire Hathaway's large $...
Netlist has prompted the US International Trade Commission (ITC) to investigate Samsung and its customers Google, Supermicro, Nvidia, and Broadcom for allegedly infringing two Netlist patents related to Samsung's high-bandwidth memory and DDR5 memory...
