Lumentum Holdings (NASDAQ:LITE) stock rose 4% to $918.10 midday Wednesday, extending a second consecutive session of gains without any fresh company news, while the broader chip complex lagged. The iS…
Rogo Technologies, a New York-based AI startup valued at US$2 billion, is making Singapore the hub of its Asia-Pacific expansion and plans to hire 150 to 200 staff in the region by the end of 2027. Th…
Bipartisan opposition to AI data centers has become a major political issue ahead of the November 2026 US midterm elections, with 57% to 71% of Americans opposing new local data center construction, a…
Wall Street's main indexes closed higher on Tuesday, with the Dow Jones Industrial Average rising 160.24 points (0.30%) to 53,577.40, the S&P 500 gaining 24.38 points (0.32%) to 7,677.24, and the Nasd…
US Treasury Secretary Scott Bessent's efforts to tame US borrowing costs briefly lowered long-term yields, but the dollar weakened while gold and Bitcoin rallied, reinforcing a global debasement trade…
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…
Barclays initiated coverage of Bitdeer Technologies Group with an Overweight rating and a $15 price target, implying roughly 56% upside from the stock's $9.63 trading price, citing the Bitcoin miner's…
China's K-shaped economic recovery is expected to sustain investor interest in artificial-intelligence stocks, as the tech sector remains a key growth driver while consumption and property lag, accord…
Anthropic is assembling a revolving credit facility exceeding $10 billion ahead of its IPO, with lead banks committing approximately $1.25 billion each. The company's revenue run rate surpassed $65 bi…
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…
AI legal tech firm Legora is in early talks to raise new funding at a $10bn valuation, nearly double the $5.6bn it raised in April, according to the Financial Times. The Stockholm-based startup, which…
Microsoft, Google, and Amazon now rely on two money-losing AI firms for growth, according to a newsletter post by Ed Zitron citing analyst estimates from Wells Fargo, Barclays, UBS, and Deutsche Bank.…
A newsletter by Ed Zitron reports that financial analysts from Wells Fargo, Barclays, and UBS estimate that 70% or more of the AI revenues of Microsoft, Google, and Amazon come from OpenAI or Anthropi…
Barclays strategists identified four traits—healthy profit margins, strong cash generation, low debt, and high employee productivity—that distinguish software companies likely to survive AI disruption…
Humanoid robotics could grow to a $5 trillion market by 2050, Morgan Stanley predicts, with more than a billion robots expected worldwide. KraneShares launched the first US humanoid ETF, KOID, and Hig…
Barclays is investing hundreds of millions of dollars in artificial intelligence infrastructure, raising its return on tangible equity target to above 14% through 2028 from a prior goal of over 12% by…
Microsoft, Meta, and Amazon are set to report earnings this week, and their AI capital expenditure increases could weigh on the S&P 500, which is already at record concentration with 10 stocks account…
Alphabet reported its first-ever cash flow negative quarter and a record $112 billion quarterly profit, 69% of which came from unrealized paper gains, sending shares down nearly 7% as Wall Street reac…
Alphabet CEO Sundar Pichai pushed back against claims that Google is losing the AI race during the company's Wednesday earnings call, arguing that Google remains at the frontier on many attributes eve…
Tesla will report second-quarter earnings after the closing bell Wednesday, with investors focused on updates about robotaxis, humanoid robots, and a potential SpaceX-Tesla merger. Cantor Fitzgerald a…