Nebius Group closed a $775 million senior secured debt facility on July 17, its first asset-backed borrowing, to fund AI cloud infrastructure buildout. The deal, led by MUFG and syndicated among 10 ba…
European semiconductor stocks diverged sharply on Thursday, with French materials supplier Soitec surging 23% on booming photonics demand for AI applications, while STMicroelectronics fell 15% on weak…
STMicroelectronics NV plunged as much as 17% after forecasting third-quarter sales of $3.7 billion, below the $3.79 billion analyst estimate, despite a 119% year-to-date stock gain driven by AI data c…
A Citi analyst with an 80% success rate has identified an overlooked AI stock as a top pick, according to a Yahoo Finance report. The analyst's track record suggests strong potential for the unnamed c…
A-Comm Technologies founder and CEO Krystal Gracier opened the draft A-Comm Evidence Protocol (AEP) for public comment on July 13th, proposing a tamper-evident record for AI agent transactions that me…
Citi strategists declared the Magnificent Seven dead as a construct for assessing large-cap growth dynamics, introducing instead a 'growth cluster' of stocks that have contributed most to S&P 500 earn…
Citi strategist Scott Chronert argues the 'Magnificent Seven' label for Apple, Alphabet, Microsoft, Amazon, Meta, Tesla, and Nvidia is outdated as the AI revolution creates new winners. Chronert propo…
Jim Cramer challenged Citi's optimistic outlook on Microsoft's Copilot, calling the AI-driven productivity tool subpar and warning that the divide between Wall Street enthusiasm and real-world perform…
Citi technology chief Tim Ryan said the bank will not track employees' every AI move, arguing that over-measurement stifles innovation and uninspires workers. Ryan, who oversees Citi's nearly $12 bill…
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…
TSMC shares climbed ahead of its Q2 2026 earnings report on July 16, while SK Hynix shares pulled back after its Nasdaq debut on July 10, where the IPO raised between $26.5 billion and $28 billion and…
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…
Citi reiterated a Buy rating on Nvidia with a $300 price target after speaking with the company's investor relations team, confirming its AI product roadmap remains on track amid rumors of delays. Nvi…
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…
Stanford professor Nicholas Bloom predicts the 2026 FIFA World Cup will create a 'summer of working from home' due to late-night matches, rising commuting costs, and a heat wave. Goldman Sachs, JPMorg…
OpenAI is hiring an investment-banking subject matter expert for its Applied AI team, offering $185,000-$205,000 plus equity to define quality standards for AI-assisted banking work. The move targets …
TechEx Europe 2026 will take place on 19-20 October at RAI Amsterdam, gathering over 8,000 senior enterprise technology leaders across eight co-located events focused on AI, cybersecurity, cloud, and …
Major global investment banks' average forecast for South Korea's 2026 economic growth reached 3 percent for the first time, driven by robust semiconductor exports amid the AI boom. Eight banks, inclu…
Micron Technology and SanDisk stocks have surged over 200% as AI-driven demand for high bandwidth memory and NAND flash creates a global shortage, with Micron up 550% to a $600B market cap and SanDisk…
Copper surged to a record $14,527 per metric ton in January 2026, driven by AI data center demand that is creating a structural supply deficit. Citi forecasts copper reaching $15,000 within a year, wh…