OpenAI posted a job listing for an investment banking expert to help improve ChatGPT's ability to handle complex financial transactions like mergers and acquisitions, suggesting the AI could eventuall…
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…
Goldman Sachs warns that the wave of AI-fueled earnings surprises that boosted stocks last quarter will be hard to repeat, making a major rally from results alone unlikely. The bank's head of asset al…
John Hu, cofounder of creator monetization platform Stan, used AI-assisted 'vibe coding' to build Stanley, a content creation tool, in 14 days. The tool hit $200,000 in annual recurring revenue within…
South Korea's KOSPI index plunged as much as 8.2% on July 7, nearing bear market territory, as investors reassess AI demand. SK Hynix and Samsung Electronics led the selloff, accounting for half the i…
SpaceX stock fell nearly 7% on Tuesday, closing below $150 for the first time since its IPO, despite a flood of bullish analyst initiations. Analysts set an average price target of $236.45, but the co…
Nscale closed a $900 million revolving credit facility from twelve banks including Goldman Sachs, J.P. Morgan, and Morgan Stanley, marking Wall Street's formal endorsement of the GPU cloud market. The…
Wall Street analysts issued bullish calls on SpaceX, with an average price target of $236 per share, representing 47% growth from Monday's close. More than a dozen brokers including Morgan Stanley, JP…
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 …
Bank of America warned that AI investors face a reality check as extreme speculation and high valuations signal a potential market snapback. The S&P 500's nine percent gain this year masks growing gap…
Cognition CEO Scott Wu criticized tech companies for prioritizing AI token usage over employee productivity, urging them to measure output instead. Wu's comments follow reports that Meta and Amazon sc…
Tether's AI research team argues that cloud-hosted AI systems force users to rent intelligence, creating availability bias, high costs, and data sovereignty risks. They advocate for local, edge-optimi…
OpenAI is hiring an investment banker for its Applied AI team in San Francisco, offering a base salary of $185,000 to $205,000 plus equity. The role involves defining the quality bar for AI-assisted i…
British data centre builder Nscale secured a $900m revolving credit facility from 12 banks including J.P. Morgan, Goldman Sachs and Morgan Stanley to fund AI data centre construction across Europe, th…
Wall Street fell on Monday amid renewed AI investment concerns, with chip stocks declining. The S&P 500 dropped 0.2%, the Nasdaq 100 fell 1.4%, and the Dow Jones rose 0.1%. Micron and Lam Research fel…
Big Tech companies are on track to spend between $600 billion and $725 billion on AI infrastructure in 2026, a 77% jump from 2025, with Amazon, Alphabet, Microsoft, Meta, and Oracle leading the charge…
Nscale closed a $900 million revolving credit facility on July 7, 2026, to fund AI data-center expansion across the US, Europe, and Asia-Pacific, syndicated by J.P. Morgan, Goldman Sachs, and Morgan S…
SK Hynix's stock in Seoul has fallen 17% this month ahead of its $28 billion Nasdaq debut, threatening the pricing of the offering. The volatility, triggered by Meta Platforms' cloud pivot and amplifi…
Goldman Sachs and Morgan Stanley released divergent revenue forecasts for SpaceX after its IPO quiet period ended, with a $1 trillion valuation gap driven by differing assumptions about AI monetizatio…
SK Hynix is listing American depositary shares on the Nasdaq under ticker SKHY, giving U.S. investors direct access to the dominant HBM chipmaker. The $28.1 billion offering, the largest-ever U.S. sto…