European stocks climbed on Thursday as the Dow Jones Industrial Average hit a new all-time high, with the FTSE 100 closing up 0.7% amid an improving inflation outlook following a drop in oil prices. M…
JPMorgan Global Research projects global AI and data center capital expenditure will reach at least $5 trillion by 2030, with hyperscalers spending $342 billion in 2025 alone. The bank's midyear outlo…
JPMorgan Global Research estimates global AI-related capital expenditures will reach $5.5 trillion through 2030, up from $5.1 trillion, driven by data center, chip, and infrastructure buildout. The ba…
JPMorgan raised its 12-month target for South Korea's Kospi index to 12,500, keeping the country as its top Asia equity pick, citing AI-driven earnings that outweigh foreign selling and volatility. Th…
Micron Technology's shares fell 13% in early June 2026 as the debasement trade unraveled, but the chipmaker's AI-driven demand for high-bandwidth memory and DRAM chips has kept it resilient. The PHLX …
Enterprise customers are cutting AI spending from OpenAI and Anthropic due to high costs and unclear benefits, with major firms like Microsoft, Uber, Amazon, JPMorgan, and Meta reducing usage. The AI …
JPMorgan raised its year-end S&P 500 target to 7,800 from 7,600, citing AI-driven earnings and potential US-Iran peace talks that could push equities toward historic highs. The bank's midyear outlook,…
ByteDance is in preliminary talks with banks to secure a record $20bn offshore loan, its largest ever, to fund AI infrastructure build-out including chips and data centers. The three-year facility, ex…
Zhipu AI, a Chinese large language model developer, plans a Shanghai STAR Market listing to raise about $2.2 billion, six months after its Hong Kong IPO saw shares surge over 2,000%. The company, with…
Quantum computing stocks surged Tuesday after President Trump signed two executive orders aimed at maintaining U.S. dominance in the technology, with Quantinuum shares up over 13% and IBM gaining 5%. …
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…
Tech stocks collapsed on Tuesday, with S&P 500 and Nasdaq 100 futures sliding 1.6% and 2.8%, respectively, wiping out over $1 trillion in market value. SpaceX shares fell for four consecutive days aft…
Companies including Amazon, JPMorgan, Meta, and Disney have implemented AI usage leaderboards to encourage adoption, leading to a phenomenon called 'tokenmaxxing' where employees inflate token consump…
SK hynix, the leading supplier of high-bandwidth memory to Nvidia, is planning a Nasdaq listing as soon as August, aiming to join Wall Street's AI winners and potentially raise up to $14 billion. The …
Jane Street, a quantitative trading firm, now holds a $20 billion private company portfolio, including a stake in AI company Anthropic. The firm reported $39.6 billion in trading revenue for 2025, sur…
Federal Reserve Chair Kevin Warsh held interest rates steady at 3.50%-3.75% during his first FOMC meeting on June 17, 2026, removing forward guidance and declining to submit his own dot-plot projectio…
A new pattern library for AI architecture in regulated financial services addresses constraints such as regulatory audit requirements, latency SLAs, data residency rules, fair lending exposure, and mo…
Alchemy's AgentCard product has integrated with Visa Intelligent Commerce, enabling AI agents to autonomously make purchases across the Visa network using payment tokens, email addresses, and crypto w…
Meta's newly appointed President Dina Powell McCormick is leveraging her Wall Street connections, including relationships with JPMorgan CEO Jamie Dimon, to secure financing for the company's massive A…
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…