SK Hynix plans to price its US listing at $149 per American depositary receipt, targeting a $26.5 billion IPO that would surpass Alibaba as the largest foreign company debut on a US exchange. The Kore…
Elon Musk's SpaceXAI launched Grok 4.5 on the same day as OpenAI's latest models, offering a faster, cheaper AI alternative without content restrictions. Musk claims Grok 4.5 outperforms Anthropic's O…
Morgan Stanley bond manager Vishal Khanduja warns that Big Tech's debt binge to fund AI projects is showing troubling signs, including cooling investor demand and rising credit risk. Amazon's surprise…
Rilla, an AI startup making sales coaching software, spends $1.7 million annually on housing stipends for employees to live near its New York office, requiring a 72-hour work week. CEO Sebastian Jimen…
JPMorgan analyst Rajat Gupta said a potential merger between SpaceX and Tesla is strategically coherent, citing synergies across AI, robotics, energy, transportation, and space sectors, but noted sign…
AI startup Rilla spends $1.7 million annually on housing stipends, offering employees $18,000 each if they live within a 10-minute bike ride of its Williamsburg office, where studios rent for $4,000 a…
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…
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 …
Elon Musk's proposal for 'Universal High Income' driven by AI and robotics was met with a stark warning from investor Michael Burry, who predicted revolution before such a system could be implemented.…
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…
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
Amazon's AI data center expansion drove a record 16% rise in greenhouse gas emissions and a 34% jump in electricity use in 2025, according to its latest environmental report. The company's total emiss…
Alibaba banned Anthropic's Claude Code from internal environments starting July 10, 2026, citing the risk of embedded backdoors due to the tool's deep system access and communication with U.S.-hosted …
Bending Spoons, the Milan-based acquirer of AOL, Evernote, Vimeo, and WeTransfer, priced its Nasdaq IPO above the $26-$28 range at a valuation of roughly $19 billion, driven by strong demand from Wall…
JPMorgan analyst Harlan Sur reaffirmed that Broadcom's TPU v9 chip for Google remains on schedule for 2028 production, raising Broadcom's price target to $580 amid recent delay fears. The 2nm ASIC pro…
Big Tech is pouring trillions into AI infrastructure, with JPMorgan raising its global AI capex estimate through 2030 to $5.5 trillion. Qualcomm and Micron are expanding into data centers and memory c…
An anonymous enterprise spent $500 million in a single month on Claude AI due to a lack of usage limits, while Uber exhausted its 2026 AI budget before mid-year. JPMorgan reported AI token costs are e…
A UBS report reveals Chinese AI models cost up to 50 times less than US counterparts, with prices as low as $2-$3 per million output tokens versus $15 for comparable US models. About 60% of companies …
Tesla's Q2 delivery consensus of 406,024 units confirms a shift in focus from vehicle deliveries to AI and energy projects, with the Robotaxi initiative taking priority. Analysts surveyed by 22 firms …