RAISE US, a nonprofit led by former Commerce Secretary Gina Raimondo, launched with over $500 million in commitments from OpenAI, Microsoft, Amazon, and others to retrain American workers for AI-era j…
A new bipartisan nonprofit, RAISE US, launches with over $500 million to retrain American workers for the AI era, partnering with states and major employers like Amazon and Microsoft to prevent catast…
Bank of America's European equity strategist Sebastian Raedler recommends investing in overlooked defensive sectors like consumer staples and pharmaceuticals to hedge against a potential AI stock down…
A new bipartisan nonprofit, RAISE US, launched June 25, 2026 with over $500 million committed to education and workforce training for Americans disrupted by AI-driven automation. Co-founded by former …
A new bipartisan nonprofit, RAISE US, launched with over $500 million to help American workers adapt to AI-driven job displacement. Founded by former Commerce Secretary Gina Raimondo and former Indian…
Qualcomm is expected to announce a new AI initiative, including new customers for its AI chips, as it seeks to challenge Nvidia's dominance in the market. The move comes amid pressure in the smartphon…
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…
SK hynix, the leading supplier of high-bandwidth memory to Nvidia, is planning a Nasdaq listing as soon as August, aiming to join Wall Street's AI winners and potentially raise up to $14 billion. The …
Wolters Kluwer's H1 2026 Banking AI Risk Index found 72% of U.S. banks lack kill switches or failure reporting for AI models, despite deploying autonomous agents in loan processing, underwriting, and …
Bank of America reports that spending data shows lower-income families are beginning to spend more, narrowing the gap with wealthier households and signaling a potential end to the K-shaped economy. T…
SpaceX's bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, the first investment-grade dollar bond issuance for Elon Musk's company, whic…
Bank of America is leveraging artificial intelligence to expand its underwriting operations nationwide, led by Matthew McQueen, global head of FICC micro products. The bank's AI infrastructure include…
Bank of America (BAC) joined UBS on the IBD Breakout Stocks Index and entered a new buy zone, driven by its AI strategy and double-digit growth. The stock shows strong demand with a high Accumulation/…
LTX announced agentic capabilities for its BondGPT application, enabling user-created AI agents to monitor real-time market conditions and take predefined trading actions including generating alerts, …
Schroders Group CIO Johanna Kyrklund argues that AI and tech stocks are not in a bubble, citing strong cash flows at major firms like Meta and Google that distinguish the current boom from the dot-com…
JPMorgan Chase, Bank of America, Citi, and MUFG are arranging $2.5 billion in debt financing to back AI-driven investment group Long Lake Management's $6.3 billion acquisition of American Express Glob…
Bank of America's latest fund manager survey shows the AI stock rally remains in a boom phase driven by fear of missing out, but rising cash levels and overvaluation fears suggest the market may be ne…
Shares of Chinese AI lab Zhipu (Knowledge Atlas Technology) surged up to 48% on Monday after the US forced Anthropic to restrict access to its Claude models, with Wall Street analysts betting China wi…
Twilio CFO Aidan Viggiano detailed a multi-year turnaround that restored Wall Street confidence, involving workforce cuts, strategic focus on AI integration, and making the Segment unit profitable. Th…
Shares of Chinese AI developer Zhipu surged up to 48% in Hong Kong trading after JPMorgan raised its target price to HK$1,400 and Bank of America initiated coverage with a buy rating, amid tightening …