Bond traders have increased credit risk measures for Broadcom Inc. as it backstops mega AI financing packages, with yields on its 5.15% bonds due 2031 rising about 14 basis points in August and five-y…
Nscale Global Holdings Ltd., a London-based AI data center builder, is reportedly seeking to raise $3 billion in a U.S. initial public offering as soon as next month, with Goldman Sachs Group Inc. and…
London-based AI data center company Nscale is seeking to raise up to $3 billion in a US IPO that could occur as soon as September, working with Goldman Sachs Group Inc. and JPMorgan Chase & Co., accor…
Alibaba Group Holding Ltd. shares surged 36% in Hong Kong this quarter, topping the Hang Seng Tech Index, on bets it can beat rivals in the AI market ahead of its results due Thursday. The company is …
Chinese humanoid robot maker Unitree surged 460% in its Shanghai IPO on Wednesday, raising 6.1 billion yuan ($904 million) in the first mainland China robotics public debut. The Hangzhou-based firm, b…
ByteDance Ltd., the developer of TikTok, has attracted more than $30 billion in orders for its $20 billion syndicated loan, indicating strong lender interest as the Chinese tech giant ramps up AI inve…
TheCUBE Research analysts Dave Vellante and John Furrier debated the AI bubble on the latest episode of theCUBE Pod, with Vellante arguing that Nvidia Corp. CEO Jensen Huang's $500 billion commitment …
Jane Street posted roughly $15 billion of losses in July, its first monthly slump in about a decade, as AI-focused hedge fund Situational Awareness swooned and dragged down asset prices across equity …
Anthropic PBC reported preliminary second-quarter revenue of more than $11.5 billion, a 14-fold increase from $787 million in the same period a year earlier, according to documents seen by Bloomberg N…
Advanced Micro Devices Inc. plans to raise as much as $5 billion in what could be its biggest-ever investment-grade bond sale, according to people familiar with the matter. The chipmaker is selling no…
JPMorgan Chase & Co. strategists raised their S&P 500 Index target to 8,000 points, implying a 3% gain from Friday's close, citing strong corporate earnings and the payoff from massive AI spending. Th…
Malaysia has become one of the world's four largest net exporters of AI-related hardware, alongside South Korea, Taiwan and Thailand, according to the International Monetary Fund, with data center inv…
Wall Street banks are emerging as overlooked beneficiaries of the AI trade, with a Bloomberg index of the five biggest lenders—Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan…
Bonds tied to a Meta Platforms Inc. data center project in Texas, sold by BlackRock Inc., rallied in early trading on Monday before formal pricing, signaling stronger demand than initially appeared fo…
SpaceX shares trading near $100 would imply investors assign zero value to its artificial intelligence business, according to Morgan Stanley analysts. The stock has fallen 18% below its June IPO price…
BlackRock Inc. began marketing $12.3 billion of high-grade bonds to fund a Meta Platforms Inc. data center project in El Paso, Texas, testing investor appetite amid concerns about excessive AI infrast…
Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to trade baskets of AI-related high-yield bonds, with Goldman offering a basket of 18 equal-weighted US…
Wall Street banks are turning to US leveraged loans to finance the AI buildout, with QTS Realty Trust LLC, a Blackstone Inc. unit, tripling a proposed loan to $3.25 billion and scrapping a $1 billion …
Goldman Sachs Group Inc. posted a record $7.42 billion in stock-trading revenue for the second quarter, surpassing its own Wall Street records for the third consecutive quarter. The equities result ju…
JPMorgan Chase & Co. researchers built AI-powered investing agents that outperformed a traditional 60/40 portfolio by 0.7 percentage point annually with lower volatility in backtests spanning two deca…