SpaceX is targeting a $1.77 trillion valuation for its planned Nasdaq IPO in June 2026, aiming to raise approximately $75 billion in what could become one of the largest public offerings in history. M…
Goldman Sachs projects SpaceX's AI division revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that would make AI the company's dominant business line. The inves…
Mainland Chinese investors withdrew a record 24.6 billion yuan ($3.7 billion) from China-listed ETFs tracking Hong Kong equities in a single week, marking the largest weekly outflow ever for these fun…
The Bureau of Labor Statistics reported 172,000 jobs added in May, nearly triple Goldman Sachs' forecast and well above Wall Street's consensus of roughly 89,000. Analysts warned the strong headline m…
SpaceX has barred investors from Hong Kong and China from its planned $75 billion initial public offering, with underwriters Goldman Sachs and Morgan Stanley enforcing compliance under US Internationa…
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…
Goldman Sachs projects SpaceX's AI revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that underpins a $1.78 trillion valuation for the company's anticipated Nas…
Goldman Sachs CEO David Solomon said the bank's entry-level hiring may "contract a little" over the next three years as artificial intelligence reshapes the talent mix, though the firm will continue t…
Whale Rock Capital Management CEO Alex Sacerdote projected at the Sohn Montreal investment conference on June 4 that Anthropic will reach 500 million users before its IPO, citing Claude's user growth …
A FinOps strategist argues that generative AI is transitioning from an experimental phase to one demanding financial accountability, warning that without rigorous resource management, it risks becomin…
Goldman Sachs CEO David Solomon acknowledged during a Bloomberg Odd Lots podcast that artificial intelligence tools rely on uncredited and uncompensated use of artists' work, marking a shift from his …
Goldman Sachs projected SpaceX's artificial intelligence revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, forming the basis for a proposed $1.78 trillion valuation for the company…
Alphabet Inc. executed an $80 billion stock sale, the largest in corporate history, to fund its artificial intelligence infrastructure expansion, with Goldman Sachs International co-CEO Anthony Gutman…
Goldman Sachs CEO David Solomon stated that the economy will remain stable if global optimism persists, as major artificial intelligence companies prepare for initial public offerings. Solomon's comme…
Goldman Sachs projects SpaceX's artificial intelligence revenue will increase 100-fold by 2030, according to a Financial Times report. The investment bank's forecast highlights the growing financial p…
Goldman Sachs CEO David Solomon said artificial intelligence will enhance productivity and economic growth rather than cause widespread job loss, dismissing fears of mass unemployment as overblown. So…
SpaceX publicly filed its S-1 prospectus with the SEC on May 20, targeting a $75 billion raise on the Nasdaq at a valuation between $1.75 trillion and $2 trillion, while Anthropic confidentially filed…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, Bloomberg reported Monday, citing people familiar with the matter. Th…
Global data center electricity demand grew 17% in 2025 and is projected to nearly double to 950 TWh by 2030, driven largely by AI inference workloads, according to the International Energy Agency. On-…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…