Target Hospitality secured a $250 million contract with a top-five hyperscaler to house construction and operations workers for a new West Texas data center, running through August 2030 and covering a…
Deutsche Bank is deploying Google's Gemini AI in its Corporate Bank to assist with credit research, starting with teams serving German MidCorp clients, as part of Google Cloud's Gemini Enterprise for …
Google Cloud launched Gemini Enterprise for Financial Services on August 25, with Deutsche Bank as its first design partner, aiming to cut bond portfolio risk analysis to under five minutes. The platf…
Deutsche Bank is scaling generative AI tools across research and operations using Google Cloud's Vertex AI and Gemini models, reporting a 97% document processing accuracy rate, 40% faster processing, …
Deutsche Bank developed an AI-powered agentic resilience platform using Google Cloud's Gemini Enterprise Agent Platform to modernize its regulatory tabletop resilience exercises, transforming manual p…
Deutsche Bank initiated coverage of Momenta with a 'Buy' rating and a target price of HK$400 per share, citing the Chinese firm's 64.5% market share in the urban NOA segment and partnerships with nine…
CoreWeave, Super Micro Computer, and Nebius shares surged by triple digits on Wednesday after reporting earnings that beat Wall Street expectations, with CoreWeave's revenue doubling year over year, r…
5C Group secured $605 million in debt financing led by Brookfield Asset Management on August 11, 2026, to fund AI data center campus development in Memphis, Phoenix, and Ohio. The financing follows $8…
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.…
SpaceX reiterated its goal of reaching $100 billion in annual recurring revenue (ARR) by year-end, a target that Deutsche Bank analyst Edison Yu says is 'likely very achievable,' driven mainly by neoc…
SpaceX posted $7.8 billion in revenue for Q2 2026, a 92% year-over-year increase, driven by Starlink's $4.3 billion and AI cloud services' $2.56 billion. Deutsche Bank analyst Edison Yu said the compa…
Samsung Electronics unveiled zHBM, a memory architecture stacked directly on AI chips, at the Future of Memory and Storage conference in Santa Clara on August 4, claiming it runs eight times faster th…
Lattice Semiconductor Corp. shares rose 5.8% to close at $128.50 on Monday, hitting a 52-week high, even as the broader chip sector fell more than 20% from its summer peak. The company reported first-…
Nearly a third of workers admit to sabotaging their company's AI, according to a June 2026 survey by Software Finder, as new research from Apollo Global Management shows AI is cutting wages rather tha…
Microsoft Corp.’s stock rose 9% in after-hours trading after reporting fiscal fourth-quarter earnings of $4.74 per share, beating the Street’s projection of $4.24 per share, on revenue of $90.01 billi…
Meta stock has declined for nine straight days, its longest losing streak ever, ahead of its second-quarter earnings report after the close. Investors are selling amid concerns over Meta's capital exp…
Meta Platforms heads into a high-stakes Q2 earnings report on Wednesday with investors increasingly skittish about AI capex, after Alphabet and Tesla were punished for spending figures that outpaced W…
Mark Zuckerberg's Meta is burning through billions in a desperate AI race, but its efforts are being crushed by OpenAI and Anthropic, with employees even resorting to competitors' AI models. Capital e…
Deutsche Bank analyst Adrian Cox argues that the competition between open-weight and closed AI models will likely resemble the coexistence of Apple's iOS and Google's Android rather than a winner-take…
Meta's stock may remain under pressure as analysts project capital expenditures could surge to $210-$215 billion in 2027 and $265 billion in 2028, according to Deutsche Bank analyst Benjamin Black. Th…