markets

Luke Kawa11/24/25

Google jumps after announcing “significant, multi-million-dollar contract” with NATO to deliver sovereign cloud capabilities

Google is trading higher premarket after its cloud division announced “a significant, multi-million-dollar contract” with NATO’s Communication and Information Agency to deliver AI-enabled sovereign cloud capabilities.

Google Distributed Cloud will be leveraged by the Joint Analysis, Training, and Education Center to “modernize its operational capabilities and handle classified workloads,” per the press release, which said these solutions would be provided in the coming months.

Google highlighted that its sovereign cloud environment is in a “hardened, air-gapped environment, disconnected from the internet and public cloud.”

“Multi-million” is small fries compared to the tens or hundreds of billions we’ve seen thrown around in recent AI compute deals. But this represents an immense potential opportunity to tap into demand from governments and international agencies that want to secure advanced computing resources.

Read More: Why countries are seeking to build “sovereign AI”

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Credit markets have a “debt” problem, not a “risk” problem

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Meet the newly public, Bezos-backed company that’s recreating the sun and stars

General Fusion CEO Greg Twinney spoke with Sherwood News from the Nasdaq during the stock’s first day of trading.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

Floridians Seek Employment Opportunities At Job Fair In Sunrise

Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

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