Bank of America extended a $520 million credit line to OpenAI in recent weeks, marking its first loan to the company after months of refusal. The move signals the bank's interest in securing an adviso…
Bank of America reiterated its Buy rating on Nvidia stock with a $350 price target, calling it a compelling buying opportunity at a seven-year low valuation. Analyst Vivek Arya argued that the market …
Bank of America reversed its earlier decision and extended OpenAI a $520 million credit line, its first loan to the company, weeks before OpenAI is expected to pursue a US listing. The reversal reflec…
Amazon sold $25 billion in bonds on July 7, offering extra yield to attract buyers, but demand was the weakest for any hyperscaler since Meta's 2025 bond sale. The deal signals investor pushback again…
Bank of America has extended a $520 million loan to OpenAI to support infrastructure expansion as the AI company prepares for a potential IPO, with market speculation pointing to a 2027 public debut. …
Morgan Stanley bond manager Vishal Khanduja warns that Big Tech's debt binge to fund AI projects is showing troubling signs, including cooling investor demand and rising credit risk. Amazon's surprise…
Nvidia's stock has lost roughly $1 trillion in market value in less than two months, now trading at 18 times forward earnings, its cheapest since early 2019. Analysts like Jessica Inskip and Vivek Ary…
The United States could face a 100-gigawatt electricity shortfall between 2026 and 2030, Bank of America warned, driven by surging demand from data centers powering the AI revolution and insufficient …
Bank of America extended a $520 million credit line to OpenAI, reversing an earlier rejection, as the AI company prepares for a potential IPO that could value it at nearly $1 trillion. The loan positi…
OpenAI secured a $520 million line of credit from Bank of America, which had previously declined an earlier loan request, according to Bloomberg. The credit facility is tied to OpenAI's preparations f…
Bank of America provided a $520 million credit line to OpenAI after previously rejecting the AI company's request, marking a shift in the bank's cautious approach to money-losing AI startups. The deci…
Major financial centers are investing heavily in AI, but a gap remains between technological capability and user experience, as efficiency is often mistaken for service quality. Financial institutions…
The Korea Times published a July 8, 2026 essay arguing that trust, not efficiency, is the key factor for AI in finance, citing examples like Bank of America's Erica and consumer frustration with banki…
Wall Street analysts issued bullish calls on SpaceX, with an average price target of $236 per share, representing 47% growth from Monday's close. More than a dozen brokers including Morgan Stanley, JP…
Bank of America warned that AI investors face a reality check as extreme speculation and high valuations signal a potential market snapback. The S&P 500's nine percent gain this year masks growing gap…
Defense stocks surged to record highs as governments increase military spending on weapons and AI battlefield technology, driven by geopolitical tensions and the need to replace depleted stockpiles. T…
SK Hynix's stock in Seoul has fallen 17% this month ahead of its $28 billion Nasdaq debut, threatening the pricing of the offering. The volatility, triggered by Meta Platforms' cloud pivot and amplifi…
Major global investment banks' average forecast for South Korea's 2026 economic growth reached 3 percent for the first time, driven by robust semiconductor exports amid the AI boom. Eight banks, inclu…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
A new analysis shows that layoffs at major tech companies like Meta, Microsoft, and Dell do not meaningfully fund AI infrastructure spending. At Meta, layoff savings cover only 2-6% of capital expendi…