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Oil climbs on Iran's hardline demands over Hormuz Strait. Intel raises $15B for AI, shares dip on dilution fears. Meta unveils open-source AI model amid cost concerns. JPMorgan lifts S&P 500 target t…
Tech stocks slipped Monday as Meta's Zuckerberg outlined AI vision and unveiled Muse Glimmer model, while Intel plans $15B stock sale to fund AI-driven chip growth. Mixed sector reaction ahead of SMC…
Intel sold 214.8 million shares to NVIDIA for $5 billion, indicating increased NVIDIA ownership and potential strategic collaboration or investment.