Broadcom Inc.'s credit default swap spread surged to a record 122 basis points after the company announced a massive off-balance-sheet debt structure, potentially reaching $100 billion, to finance cus…
Barclays is losing senior technology bankers to competitors like UBS just as the AI boom accelerates tech dealmaking, with the bank announcing on August 17, 2026, that Adeel Khan and Mike Joo will bec…
CIBC has appointed veteran tech executive Prasanna Gopalakrishnan to its board of directors, effective Sept. 1. Board chair Kate Stevenson cited Gopalakrishnan's decades of experience in financial ser…
Nvidia is helping AI customers connect with Nordic data-center operators that have available land, power, and Nvidia-compatible infrastructure, according to people familiar with the discussions cited …
Bank of America analysts set a $350 price target for Nvidia (NASDAQ: NVDA), implying the stock trades at up to a 50% discount, despite the shares being at $218. The analysts argue the market is overst…
Bank of America says Nvidia Corp. could be undervalued by up to 50% relative to peers ahead of its August 26 earnings report, with analyst Vivek Arya maintaining a $350 price target. The assessment wa…
Bank of America analyst Vivek Arya said Nvidia's stock is trading at a 40%-50% discount to AI compute peers and a 31%-36% discount to the S&P 500 on an enterprise value-to-free cash flow basis, creati…
AI and chips remained China's most preferred investment themes in August, with 73% of surveyed fund managers picking them, up from 60% in July, according to BofA Global Research's August Asia Fund Man…
Crusoe, a privately held AI data center developer and power provider with contracts from OpenAI, Oracle, Microsoft, and GE Vernova, is in IPO talks with Bank of America, Goldman Sachs, Morgan Stanley,…
A Bank of America investor survey reported by CNBC shows institutional investors are bullish, increasing equity allocations and reducing cash levels despite potential Federal Reserve rate hikes and co…
Bank of America on Tuesday raised its price targets for SentinelOne (S), SailPoint (SAIL), and Zscaler (ZS), citing a worsening artificial intelligence-based threat landscape that supports higher valu…
Bank of America analyst Vivek Arya reaffirmed a Buy rating on Nvidia with a $350 price target, implying 56-61% upside from the stock's recent range of $219-$224, citing the AI chip supercycle. Arya pr…
Bank of America has added 'community support' as a criterion for assessing data center projects, as Wall Street factors local opposition into stock recommendations and financing decisions for AI infra…
Micron Technology and SanDisk shares climbed 7-9% in July 2026 trading sessions, recovering after a correction, as renewed investor confidence in AI infrastructure spending and analyst upgrades from B…
Bank of America has launched an internal AI model tracker that benchmarks leading large language models by intelligence and cost, with Anthropic's Claude family scoring highest on intelligence at arou…
Wall Street strategists see Big Tech's AI spending starting to pay off, with JPMorgan raising its S&P 500 price target to 8,000 from 7,800, citing strong cloud demand. Microsoft's Azure surpassed $100…
The S&P 500 rose 0.4% and the Nasdaq gained 0.6% last week, while the Dow fell 0.6%, as investors look ahead to earnings from Walmart, Alibaba, Ross Stores, Deere & Company, and BJ's Wholesale Club, a…
Nebius Group, the Amsterdam-based AI infrastructure company, reported Q2 2026 revenue of $582.3 million, a 454% year-over-year increase, prompting Bank of America to raise its price target from $280 t…
Bank of America's Global Research team projects the total data center systems market will reach $2.2 trillion by 2030, driven by AI infrastructure, with AI data center systems alone accounting for $1.…
Goldman Sachs estimates global AI data center investment will reach $1 trillion in 2026, JPMorgan forecasts $697 billion in the US, and Bank of America sees a path toward ~$1.2 trillion by 2027, but a…