Apple Inc. shares have rallied 15% since bottoming on June 25, adding nearly $600 billion in market value, as investors flee AI-related stocks amid concerns about heavy spending on artificial intellig…
Elon Musk abruptly postponed a live CNBC interview minutes before airtime, where he was expected to discuss SpaceX's market debut, Tesla, and his AI model Grok. The cancellation comes as SpaceX shares…
JPMorgan CEO Jamie Dimon warned that AI amplifies cybersecurity threats, citing Anthropic's Mythos AI model which uncovered thousands of unpatched vulnerabilities. Dimon noted a 6-12 month window befo…
A new 'agent layer' is emerging in enterprise finance organizations, as evidenced by job postings at Aon, Kraken, State Street, JPMorgan, and CHANEL. This layer listens for events, prepares data, asks…
South Korean memory chipmaker SK Hynix raised $26.5 billion in its NASDAQ debut on July 10, marking the largest US listing by a foreign company. The IPO was driven by surging demand for high-bandwidth…
Anthropic launched ten specialized AI agents for finance professionals at an invite-only event in New York on May 5, 2026, with JPMorgan CEO Jamie Dimon in attendance. The agents automate tasks like r…
SK Hynix raised about $26.5 billion in its Nasdaq debut, one of the largest US share sales by a foreign company, giving global investors access to the AI memory leader. The South Korean chipmaker, whi…
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…
The US National Science Foundation awarded $20 million to five new teams to build a national quantum research infrastructure, expanding its National Quantum Virtual Laboratory program. The projects fo…
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…