The World Economic Forum's Future of Jobs Report 2025 estimates that 92 million roles will be displaced by 2030, while 170 million new roles will be created, a net gain of 78 million jobs. Goldman Sac…
Intuit Inc. shares plunged 12% to about $315 on August 26 despite beating fiscal Q4 earnings estimates, after the company guided fiscal 2027 revenue growth of only 9-10%, with TurboTax growth projecte…
Franklin Templeton portfolio manager Sara Araghi urged Nvidia to clarify its capital deployment plans ahead of its fiscal Q2 2027 earnings, citing a forward P/E of 21x and skepticism about returns on …
Abby Joseph Cohen, former Goldman Sachs chief US investment strategist and now a professor at Columbia Business School, warned in a June 26 Bloomberg TV interview that US equities are priced to perfec…
Anthropic is expected to tell investors its total addressable market exceeds $30 trillion, surpassing SpaceX's $28.5 trillion estimate, according to sources familiar with the matter. The projection, w…
Goldman Sachs projects DRAM undersupply of 5.0% in 2026 and 5.9% in 2027, the tightest since 2017, driven by AI server demand. Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion and n…
ZoomInfo CEO Henry Schuck says no one knows where B2B pricing is going, but the traditional per-seat model is dying due to four years of price increases, CIOs reallocating software budgets to AI, and …
SK Hynix is pursuing multiple business development avenues involving fabs in China, Japan, Korea and the USA, Solidigm fund-raising, co-packaged optics, and high-bandwidth flash, as AI demand drives e…
Nvidia Corp. is set to report fiscal Q2 2027 earnings on August 26, with analysts projecting revenue near $92 billion, roughly double the year-ago figure, as the results serve as a proxy for the AI in…
Goldman Sachs reports that hedge funds and mutual funds have both increased their holdings in financial stocks to historic levels, with hedge funds' net tilt rising by over 300 basis points in Q2 to t…
Goldman Sachs CIO Marco Argenti said the firm's more than 12,000 developers are all using AI, including Claude and Devin, and the focus is now on transferring institutional knowledge to AI agents thro…
Singapore's DBS Bank has rolled out an agentic AI credit assessment tool to about 1,500 relationship managers and credit risk managers, cutting credit memo preparation time by at least 30%. The tool h…
Experts warn of a looming AI 'debt bomb' as datacenter builders like Meta, Oracle, xAI, and CoreWeave shift over $120bn of spending off balance sheets, but accounting expert Robert Willens argues this…
Goldman Sachs CIO Marco Argenti's practices inspired the VAULT framework, a five-part set of principles for responsible AI use at work: Verify, Augment, Understand why, Loop humans in, and Transparenc…
Optical interconnect startup Quintessent Inc. raised $40 million in a Series A round led by Cycle Capital, with participation from Goldman Sachs, Susquehanna International Group, Osage University Part…
Only 27% of voters support a data centre being built in their community, according to a June poll by Echelon Insights, as OpenAI and Meta ramp up lobbying and community engagement to counter growing p…
The U.S. Securities and Exchange Commission is investigating Situational Awareness, the AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, after leveraged trades forced t…
The U.S. Securities and Exchange Commission has subpoenaed banks for trading and leverage records after AI-focused hedge fund Situational Awareness suffered a 67% drawdown and sold most of its public …
A new analysis from Epoch AI finds that US GDP growth is understated by roughly 0.3 percentage points because Nvidia's chip design work is treated as a foreign import when chips are fabricated in Taiw…
A Goldman Sachs report finds that America's energy sector will need about 500,000 additional workers by 2030, but the apprenticeship pipeline had only 45,000 entrants in 2024 against a need for 65,000…