Dan Ives, a prominent Wall Street tech analyst for 25 years, left Wedbush Securities to launch Yorkville Ives, a modern merchant bank with Yorkville Securities. Ives said the AI revolution enabled his…
Palm Beach County commissioners voted 5-1 to reject Project Tango, a proposed 600 MW AI data center campus, despite staff approval and months of redesigns. Jefferies warns the decision shows local per…
Chinese AI company Zhipu AI released its open-weight GLM-5.2 model in June 2026, matching or exceeding Anthropic's Mythos in cybersecurity benchmarks at one quarter the cost per token, narrowing the c…
The AI semiconductor trade lost over $1 trillion in market value in under two months, with Nvidia shedding a trillion alone, despite demand data strengthening—hyperscaler capex tracking ~$725B for 202…
ASML Holding NV reported second-quarter revenue of 9.33 billion euros and net income of 2.92 billion euros, beating analyst estimates, driven by surging demand from AI chipmakers. The Dutch semiconduc…
South Korea's Kospi index plunged 9% on Monday, deepening a 27% loss over three weeks, as a retail debt crisis amplified an AI-led stock sell-off. Foreign investors dumped nearly $13 billion in Korean…
Jefferies analyst Blayne Curtis reiterated a Buy rating and $550 price target on Broadcom, citing an improving outlook for its AI chip business. The company has a long-term agreement with Google throu…
Some Bitcoin miners are resisting the industry trend of converting facilities for AI workloads, arguing that the infrastructure requirements and long-term lease risks make the pivot less profitable th…
Alibaba shares surged up to 13.8% in Hong Kong on Wednesday after UBS and Jefferies projected the company's June-quarter revenue growth would accelerate to 9%, driven by strong AI demand and narrowing…
Microsoft shares rose about 4% on July 1, 2026, after a reported five-year agreement with Haleon to expand Microsoft 365 Copilot and Azure, according to multiple outlets. The rally was partly attribut…
A proposed US class-action lawsuit accuses Samsung Electronics, SK hynix, and Micron Technology of restricting DRAM supply during the shift to AI memory products, but analysts expect little immediate …
Blackstone is preparing a Singapore REIT listing for AirTrunk that could raise more than $1 billion, aiming to cash in on AI infrastructure demand without selling the entire asset. The deal, which cou…
AirTrunk, the Blackstone-backed hyperscale data center operator, is nearing a confidential IPO filing for a real estate investment trust in Singapore, targeting a raise of $1 billion to $1.2 billion. …
Samsung and SK Hynix, backed by the South Korean government, plan to invest $590 billion in new chip factories and packaging centers as AI demand drives memory prices up. Jefferies predicts memory pri…
Jefferies reported that lower-cost AI models, such as Z.ai's GLM-5.2, are increasing demand for computing infrastructure rather than reducing AI investment, citing Jevons Paradox and rising inference …
Micron Technology reported a blowout quarter with revenue of $41.5 billion and EPS of $25.11, far exceeding Wall Street expectations, and guided next-quarter revenue to $50 billion. The results revers…
Morgan Stanley, Jefferies, and SpaceX are warning that public backlash against AI—driven by job displacement fears and rising energy costs—poses a material risk to the AI stock rally. A June 23, 2026 …
Micron Technology reported earnings that blew past analysts' expectations, with revenue of $50 billion versus estimates of $43.2 billion, and raised its capex guidance again to above $25 billion. The …
Nordic stock exchanges fell on Tuesday, led by declines in technology and AI-related stocks. Oslo's OBX index dropped 0.1%, with Norsk Hydro falling 3.8% and Nordic Semiconductor down 4.7%. Copenhagen…
Jefferies initiated coverage on IREN Limited with a Buy rating and a $79 price target, projecting 30-36% upside as the company's AI cloud services business is expected to outperform traditional data c…