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 …
SpaceX, now valued at $2.1 trillion after its stock debut, is poised to join major stock indexes like the Nasdaq 100, meaning millions of 401(k) investors in index funds could soon own shares of the c…
Bank of America issued a rare double upgrade for Intel, citing the company's strategic shift toward artificial intelligence. The upgrade reflects growing confidence in Intel's ability to compete in th…
Bank of America raised its global server CPU market forecast to over $170 billion by 2030, citing agentic AI as the primary demand driver. The revision triggered a semiconductor rally on June 11, with…
Bank of America upgraded Intel from Underperform to Buy on June 11, raising its price target from $96 to $135, after the stock surged more than 200% year-to-date from roughly $20 in May 2025 to nearly…
Intel shares surged 5.2% after Bank of America issued a double rating upgrade, raising Intel to "buy" from "underperform" and boosting its price target to $135 from $96. Analyst Vivek Arya cited Intel…