JPMorgan raised its price target on Broadcom stock to $580, implying over 46% upside, citing the company's dominance in AI chips and accelerating AI revenue growth past 200% year-over-year. The bank r…
JPMorgan raised its estimates for global AI and data center spending to at least $5 trillion by 2030, citing a surge in capital expenditures from hyperscalers and strong demand for high-yield data cen…
Anthropic's new AI model, Mythos, autonomously discovered over 2,000 previously unknown software vulnerabilities across all major operating systems in seven weeks, developing working exploits without …
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…
Shares of Chinese AI lab Zhipu (Knowledge Atlas Technology) surged up to 48% on Monday after the US forced Anthropic to restrict access to its Claude models, with Wall Street analysts betting China wi…
Shares of Chinese AI developer Zhipu surged up to 48% in Hong Kong trading after JPMorgan raised its target price to HK$1,400 and Bank of America initiated coverage with a buy rating, amid tightening …
JPMorgan's Alex Yao says China's AI competition has shifted from raw technical performance to delivering measurable business value, with major platforms like ByteDance introducing paid subscriptions f…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York Attorney General Letitia James serving a subpoena for documents on advertising, data handling, and mode…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York serving a subpoena demanding records on advertising, user data, minors, and internal policies. The prob…
Bitcoin nearly hit $64,000 on Friday, and analysts predict a more favorable second half of 2026, citing potential catalysts such as a US-Iran peace deal and mega IPOs. Standard Chartered's Geoff Kendr…
Goldman Sachs President John Waldron cited SpaceX’s upcoming IPO as proof of strong investor appetite for artificial intelligence infrastructure, pointing to the company’s $1.75 trillion to $1.8 trill…
SpaceX raised a record US$75 billion in its initial public offering on Thursday, making Elon Musk the world’s first trillionaire with a net worth exceeding US$1.1 trillion. The IPO highlights investor…
A journalist let three AIs trade real money in a week-long experiment, testing Robinhood's new agentic trading feature. After testing ~310 strategies, none of the 1× intraday strategies beat QQQ buy-a…
JPMorgan upgraded Tesla from Underweight to Neutral on June 5, raising its price target from $145 to $475, ending an eight-year bearish stance on the stock. The upgrade, led by new analyst Rajat Gupta…
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
JPMorgan, Meta, and KPMG have built internal dashboards to monitor employee use of generative AI tools, tracking usage at team and individual levels. Some firms are collecting interaction data that co…
Companies including JPMorgan, Meta, and KPMG have deployed internal dashboards to track how employees use AI tools, aiming to justify billions in AI spending and pressure workers to adopt the technolo…
Bank of America received approximately 240,000 applications for fewer than 2,000 internship positions this year, yielding an acceptance rate of about 0.8%, according to Josh Bronstein, the bank's glob…
Apollo Global Management chief economist Torsten Sløk said there is "zero evidence" that artificial intelligence is causing job losses, arguing instead that the AI boom is creating employment and fuel…