NatWest CEO Paul Thwaite admitted that artificial intelligence will replace some banking jobs, joining other bank chiefs like Standard Chartered's Bill Winters and HSBC's Georges Elhedery in acknowled…
Goldman Sachs initiated coverage of Talen Energy with a Buy rating and $499 price target, citing nuclear power demand from AI and data centers. The stock trades near $406, implying 23% upside, with 14…
JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…
BNP Paribas blocked employee access to Anthropic's Claude AI models for staff in Asia, joining Goldman Sachs and other banks tightening controls on third-party generative AI tools in the region. The m…
A developer argues that middle management is the primary bottleneck stalling AI transformation in enterprises, citing surveys from PwC, BCG, and Gartner showing that most companies have not achieved t…
Jeff Bezos, co-founder of Amazon and AI startup Prometheus, warned at the VivaTech conference that artificial intelligence will create a labor shortage rather than mass unemployment, as AI boosts prod…
Talks between Microsoft and Oracle over a cloud-infrastructure leasing deal worth more than $3bn have collapsed due to Oracle's lack of FedRAMP certification, a US government security framework, accor…
LTX announced agentic capabilities for its BondGPT application, enabling user-created AI agents to monitor real-time market conditions and take predefined trading actions including generating alerts, …
Chinese stocks in Hong Kong face record outflows as investors rotate into mainland AI hardware and semiconductor companies. In the week ending June 3, 2026, mainland-listed ETFs tracking Hong Kong equ…
Goldman Sachs analysis finds college students are abandoning computer science and programming majors, with enrollment dropping over 10% in 2025-26, while healthcare and engineering surged roughly 3%, …
Dell Technologies raised its full-year AI server revenue guidance to roughly $60 billion after booking $24.4 billion in new AI orders in Q1, with shares surging up to 40% in after-hours trading. A $1.…
Goldman Sachs raised its price target for Taiwan Semiconductor Manufacturing Co. (TSMC) by 35% to NT$2,330, citing surging AI chip demand. The bank expects TSMC to achieve 30% revenue growth in 2026 a…
Bank of America's latest fund manager survey shows the AI stock rally remains in a boom phase driven by fear of missing out, but rising cash levels and overvaluation fears suggest the market may be ne…
Hong Kong faces a record US$274 billion wave of lock-up expirations this year, threatening to flood the market with freed shares from IPOs. Analysts warn of potential price pressure but see opportunit…
Nvidia plans to raise up to $25 billion in its first bond sale since 2021, drawing $85 billion in early orders as tech giants race to fund AI infrastructure. The offering spans seven tranches with mat…
Nvidia announced a $20 billion bond offering on June 15, 2026, its largest-ever debt deal, to fund AI chip production and data center expansion. The offering, structured across seven tranches with mat…
Nvidia launched a $20 billion bond sale, its first since 2021, to raise funds for general corporate purposes including refinancing existing debt. The chipmaker is offering bonds in seven tranches with…
Nvidia launched a $20 billion investment-grade bond offering, its largest ever, to fund growth and AI infrastructure without diluting equity. The sale spans seven maturities and is four times larger t…
Goldman Sachs' head of global equity research Jim Covello warned that broad AI investments are no longer a sure bet, stating the economics of AI are 'more questionable than ever' as over $1 trillion i…
Cybersecurity startup NewCore emerged from stealth with $66 million in seed funding to provide identity management for AI agents, treating them as employees with permissions and lifecycle controls. Th…