A record 82% of fund managers call AI the most crowded trade, according to Bank of America's latest survey, yet investor conviction on both sides of the AI debate has never been higher. The Magnificen…
IBM CEO Arvind Krishna told investors the company 'faltered' in the second quarter, reporting revenue of $17.2 billion, up just 1% and below analyst forecasts, with infrastructure revenue down 7%. Kri…
JPMorgan Chase reported a record quarterly profit of $21.2 billion for the second quarter, the highest ever for a US bank, driven by a 28% revenue increase to $57 billion and a $4.6 billion gain from …
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to report a fifth consecutive record quarterly profit of T$632.6 billion ($19.65 billion) for the second quarter, a 59% surge from a year earl…
Global investor sentiment hit its highest level since February, with cash allocations falling to an "uber-low" 3.6% from 4.1% in June, triggering Bank of America's contrarian sell signal, according to…
Bank of America says analog chipmakers are emerging beneficiaries of the AI infrastructure boom, with AI-related sales across the group expected to grow 50% to more than 100% this year. Analyst Vivek …
South Korean memory chipmaker SK Hynix raised $26.5 billion in its NASDAQ debut on July 10, marking the largest US listing by a foreign company. The IPO was driven by surging demand for high-bandwidth…
SK Hynix raised about $26.5 billion in its Nasdaq debut, one of the largest US share sales by a foreign company, giving global investors access to the AI memory leader. The South Korean chipmaker, whi…
Italian semiconductor testing firm Technoprobe has seen its stock surge 129% year-to-date through May 2026, driven by soaring demand for AI chip testing. The company reported Q1 2026 revenue of €187 m…
SK Hynix, the South Korean memory chipmaker, is preparing a $28 billion NASDAQ listing through an ADR offering under ticker SKHY, with trading expected to begin July 10, 2026. The proceeds will fund s…
Bank of America predicts the US could face a major electricity shortage between 2026 and 2030, driven by the growing energy demands of artificial intelligence. The warning highlights the strain AI dat…
Apollo Global Management chief economist Torsten Sløk warned that Wall Street faces significant risks if hyperscalers' AI investments fail to generate expected profits, potentially triggering a sell-o…
SK Hynix plans to price its US listing at $149 per American depositary receipt, targeting a $26.5 billion IPO that would surpass Alibaba as the largest foreign company debut on a US exchange. The Kore…
SK Hynix is guiding investors to price its US listing at $149 per American depositary receipt, about 3.1% above its Korea close, according to people familiar with the matter. The offering could raise …
Nvidia's stock has lost nearly $1 trillion in market value since May 14, trading at its cheapest since early 2019, which could prompt the company to aggressively increase share buybacks. Citi analysts…
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. …