OpenAI and Anthropic increased their federal lobbying spending to a record $3.17 million in Q2 2026, up 23% from Q1, as they prepare for upcoming IPOs and the midterm elections. Anthropic spent $1.97 million, surpassing Nvidia, while OpenAI spent $1.2 million. Their lobbying focused on cybersecurity, copyright, cloud computing, and defense procurement. Meanwhile, major tech firms' lobbying remained steady, and defense contractors slightly reduced spending in the same period.
Shares of Nebius Group NV surged over 13% following Nvidia's disclosure of a 9.3% passive stake in the company, representing 22.26 million shares. This stake includes Nvidia's existing shares and a $2 billion prefunded warrant. Nvidia and Nebius coll...
Wall Street futures rose Tuesday morning with Nasdaq up 1.3%, led by technology stocks like Nvidia, which gained momentum after investing in cloud provider Nebius. The market is reacting to President Trump's announcement of new 50% tariffs on various...
Nvidia disclosed a 9.3% stake in Nebius, including a $2 billion investment, forming a strategic AI cloud partnership to deploy over 5 gigawatts of Nvidia systems by 2030. Samsung introduced the Galaxy Card in the U.S., offering up to 5% cash rewards ...
Prediction markets on Polymarket show Nvidia with a 70% chance to end July as the world's most valuable company, despite a recent dip that allowed Apple to briefly overtake it. Apple holds a 29% chance, with other tech giants far behind. Nvidia's val...
Nebius shares surged 7% in premarket trading after Nvidia disclosed a 9.3% stake in the Amsterdam-based AI cloud company. Nebius, a leading European neocloud provider, has seen its stock rise nearly 250% over the past year, driven by strong demand fo...
