July 2, 2025

finance   Read News
meta, scale ai and google Updates

Several companies are making significant moves in the AI space. Meta's stock hit a record high of $738.09 as it pushes forward with its Superintelligence Labs and Llama software, backed by substantial resources and a $14.3 billion investment in Scale AI. UBS raised its price target for AppLovin to $540, highlighting the company's effective use of AI in coding, giving it an edge over competitors like Meta and Google, particularly in gaming and e-commerce ads. Nvidia and Amazon are also positioned to dominate in AI, with Nvidia's GPUs being crucial for AI and machine learning, and Amazon's AWS offering extensive AI and ML services. Atlassian is leveraging AI to boost developer productivity and expand its enterprise customer base, with subscriptions now accounting for 94% of its revenue. Safe Pro Group, an AI security firm, joined the Russell Microcap Index, reflecting its growing market presence and AI-driven security solutions. HPE is focusing on AI and hybrid cloud infrastructure, with Elliott Management investing $1.5 billion, and Raymond James setting a price target of $26. In other news, Hikma Pharmaceuticals is investing $1 billion in U.S. expansion, using AI to improve operations in generic drug manufacturing, aiming for 12 billion doses annually by 2030. Brazil's BNDES is considering a fund of $91.93 to $183.86 million to invest in AI and data centers. Finally, the Sterling Stock Picker app uses AI to guide stock market investments, offering a lifetime subscription for $55.19 until July 20.

Key Takeaways

  • Meta's stock reached a record high of $738.09 as it advances its Superintelligence Labs and Llama software.
  • UBS increased AppLovin's stock price target to $540, citing its effective use of AI in coding.
  • Nvidia and Amazon are predicted to dominate the AI landscape due to Nvidia's essential GPUs and Amazon's AWS AI/ML services.
  • Atlassian is using AI to enhance developer productivity and grow its enterprise customer base.
  • Safe Pro Group, an AI security company, has joined the Russell Microcap Index.
  • HPE is focusing on AI and hybrid cloud infrastructure, supported by a $1.5 billion investment from Elliott Management.
  • Hikma Pharmaceuticals is investing $1 billion in U.S. expansion, utilizing AI to improve generic drug manufacturing.
  • Brazil's BNDES is considering a $91.93 to $183.86 million fund for AI and data center investments.
  • Sterling Stock Picker is an AI-powered app that assists users with stock market investments.
  • Meta invested $14.3 billion in Scale AI.

Brazil's BNDES Considers Investing in AI and Data Centers

Brazil's state development bank, BNDES, is thinking about creating a fund to invest in AI and data centers. Nelson Barbosa, a planning executive, said the fund could get between 500 million and 1 billion reais, which is about $91.93 to $183.86 million. This fund would be part of a bigger plan by BNDES to start investing in stocks again.

Brazil's BNDES Considers Investing in AI and Data Centers

Brazil's state development bank, BNDES, is considering a new investment fund for AI and data centers. According to planning executive Nelson Barbosa, the fund might receive between 500 million and 1 billion reais, equivalent to $91.93 to $183.86 million. This initiative is part of BNDES's broader strategy to reinvest in equities.

Hikma's $1 Billion US Expansion Focuses on Generics and AI

Hikma Pharmaceuticals is investing $1 billion to expand in the U.S., focusing on generic drugs. The expansion, called _America Leans on Hikma: Quality Medicines Manufactured in the USA_, includes facilities in Ohio that will produce 12 billion doses annually by 2030. Hikma is using semi-liquid funds and AI to improve operations and manage investments. This move aims to strengthen Hikma's position in the U.S. generic drug market amid increasing demand and changing regulations.

AI-Powered App Sterling Stock Picker Helps You Invest Smarter

Sterling Stock Picker is an AI-powered app that helps people invest in the stock market. It uses AI tools to guide investment decisions, even if you're a beginner. The app helps you figure out your risk tolerance and find stocks that match your values. It also has a Done-for-You Portfolio Builder and Finley, an AI financial coach. You can get a lifetime subscription for $55.19 with code SAVE20 until July 20.

Meta Stock Hits Record High Amid AI Superintelligence Push

Meta Platforms stock (META) reached a record high, closing at $738.09 per share, as the company promotes its new Superintelligence Labs. CEO Mark Zuckerberg is hiring top AI talent to advance AI research, focusing on projects like the Llama software. Zuckerberg believes Meta is in a unique position to lead in AI due to its resources and reach. Meta also invested $14.3 billion in Scale AI. Analysts have given META stock a Strong Buy rating.

UBS Says AppLovin Is an AI Winner, Raises Stock Price Target

UBS increased its price target for AppLovin (APP) stock to $540, saying the company is using AI effectively. AppLovin's stock rose nearly 5% after the announcement. UBS believes AppLovin's use of AI in writing code gives it an edge over companies like Meta and Google. AppLovin is doing well in gaming ads and catching up in e-commerce ads. Analysts have given AppLovin a Moderate Buy rating.

AI Stocks Nvidia and Amazon Could Dominate in 5 Years

Nvidia (NVDA) and Amazon (AMZN) could become the world's most valuable companies in five years because of AI. Nvidia's GPUs are essential for AI and machine learning. Amazon's cloud division, Amazon Web Services (AWS), offers many AI and ML services. Both companies are investing heavily in AI research and development. They have strong technology, a large customer base, and a history of innovation.

Atlassian Leverages AI for Growth and Collaboration

Atlassian (NASDAQ: TEAM) uses AI to help users and grow its business. AI tools are expected to make developers more productive, which should increase the use of Atlassian's tools. The company's subscription model now makes up 94% of its revenue. Atlassian is focusing on getting more enterprise customers and increasing cloud adoption. Despite rising costs, Atlassian's growing customer base and AI strategy make it a good long-term investment.

Safe Pro Group Joins Russell Microcap Index

Safe Pro Group Inc., a leader in AI security, has joined the Russell Microcap Index. This inclusion recognizes the company's growing market presence. It also increases visibility among investors. Safe Pro provides AI-enabled security solutions for defense and security. Their technology helps quickly identify threats using drone imagery and machine learning.

HPE Stock Could Rise with AI and Cloud Growth

Enterprise (HPE) is focusing on AI and hybrid cloud infrastructure, leading to a potential rise in its stock value. Raymond James upgraded HPE with a $26 price target, noting the company's revenue growth of 7% to $7.6 billion. Elliott Management invested $1.5 billion in HPE, showing confidence in its turnaround. HPE's investments in AI hardware and GreenLake cloud platform could pay off as AI adoption increases, but risks like margin pressures and competition remain.

Sources

AI Artificial Intelligence Data Centers Investment Stocks BNDES Brazil Hikma Pharmaceuticals Generic Drugs Sterling Stock Picker AI-Powered App Stock Market Meta Platforms Mark Zuckerberg Superintelligence Llama Scale AI UBS AppLovin Gaming Ads E-commerce Ads Nvidia Amazon Amazon Web Services AWS Machine Learning Atlassian Cloud Adoption Safe Pro Group Russell Microcap Index AI Security Drone Imagery HPE Hybrid Cloud GreenLake Elliott Management