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 …
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…