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…
Bank of America said in a client note on Thursday that the AI buildout is inflationary, with computer prices rising 3.5% in July and software prices up about 40% over the past year, complicating Feder…
Advanced Micro Devices (AMD) launched a four-part debt offering on Thursday (Aug 13) that could raise between US$4 billion and US$5 billion, according to a source and terms reviewed by Reuters, as the…
Bank of America upgraded ERock Inc. (NYSE: EROC) to Buy from Neutral with a $16 price target on July 17, citing a 470-megawatt power equipment deal with Anthropic that boosted ERock's contracted backl…
A Bank of America global fund manager survey on July 14 found 43% of respondents believed AI shares were in a bubble, while 48% said they were not, highlighting uncertainty over the AI investment boom…
Bank of America (NYSE: BAC) announced a $250 billion Critical Infrastructure Finance Initiative to fund US infrastructure over 18 months, from January 1, 2026, to July 4, 2027, focusing on data center…
Bank of America announced it will deploy $250 billion over 18 months through its Critical Infrastructure Finance Initiative, starting January 1, 2026 and ending July 4, 2027, to fund American infrastr…
Nvidia has committed $70 billion in equity investments into AI ecosystem partners, including $30 billion in OpenAI, up to $10 billion in Anthropic, and $5 billion in Safe Superintelligence, according …
Bank of America announced on Wednesday (Aug 12) a US$250 billion initiative to deploy capital through July 2027, aiming to support U.S. digital and infrastructure projects, bolster economic growth, an…
Microsoft Corp. stock is trading above its 200-day moving average by the widest margin since October, yet it still trails the S&P 500 with a 4.7% year-to-date gain versus the index's 13% rise. The com…
Nvidia announced partnerships with Apollo Global Management, BlackRock, Blackstone, Brookfield Asset Management, Goldman Sachs, and KKR to create financing platforms aimed at mobilizing over $500B in …
Nearly 90% of S&P 500 companies have reported second-quarter earnings, with FactSet data showing a 50% year-over-year rise, the fastest growth since 2021, driven by artificial intelligence, according …
Wall Street lenders are factoring community opposition into credit-risk assessments for data center projects, with at least 75 projects worth roughly $130 billion facing local opposition in Q1 2026, a…
Bank of America reported that with nearly 90% of S&P 500 companies having released second quarter earnings, about 80% posted year-on-year EPS growth, placing the quarter in the 94th percentile, and th…
At least 75 U.S. data center projects worth roughly $130 billion faced local opposition in the first quarter of 2026, prompting major Wall Street lenders including Goldman Sachs, Bank of America, JPMo…
Rogo, an AI startup for financial firms founded in 2021 by former investment bankers from Lazard and JPMorgan, has reached a $2 billion valuation after its Series D round in April and now counts over …
The S&P 500 closed Friday up 0.6%, reaching record-high territory, as AI spending concerns receded and a weaker-than-expected jobs report recalibrated Fed rate bets. This week, investors will watch We…
Bank of America's chief technology and information officer Hari Gopalkrishnan discussed the bank's $14 billion budget and its cost-effective revamp of the AI chatbot Erica, while Google's AI division …
Bank of America CTIO Hari Gopalkrishnan cautioned that AI investments can spiral out of control, citing a $100,000 process that could cost $1 million to optimize with AI agents. The bank, managing $4.…