OpenAI launched ChatGPT for Financial Services on September 11, 2026, a specialized workspace built on GPT-6 Astra that embeds premium market data from Daloopa, PitchBook, LSEG News, and Crunchbase to…
Google Cloud launched Gemini Enterprise for Financial Services on August 25, with Deutsche Bank as its first design partner, aiming to cut bond portfolio risk analysis to under five minutes. The platf…
Bond traders have pushed Broadcom's five-year credit default swap prices up by 28 basis points in August and yields on its 5.15% bonds maturing in 2031 up roughly 14 basis points, as the chipmaker neg…
Oracle has withdrawn its legal challenge to Wisconsin utility rules that could require the company to provide more than $100 million a year in financial guarantees for electricity infrastructure for i…
MIT's financial records show net assets of $37,675.7 million at the end of fiscal year 2025, a 12.3% increase from the previous year, and AAA/Aaa bond ratings from S&P and Moody's, contradicting claim…
Moody's raised South Korea's 2026 GDP growth forecast to 3.5% from 2.5%, citing an AI-driven memory chip boom expected to last into mid-2027. The ratings agency also projected 2.6% growth in 2027 and …
CoreWeave reported second quarter 2026 revenue of $2.58 billion, up 113% from $1.21 billion a year earlier, beating Wall Street expectations of about $2.55 billion. The company's revenue backlog rose …
Moody's warned that banks and insurers have become dependent on a small cluster of tech giants—OpenAI, Microsoft, Google, and Amazon—for AI foundation models and cloud systems, creating a vendor depen…
Moody's has warned that the race to adopt AI is putting big banks at the mercy of a small group of Silicon Valley firms, leaving them vulnerable to widespread outages and price gouging. The rating age…
Hyperscaler off-balance sheet obligations have reached $3 trillion, according to CNBC's Sara Eisen, as Microsoft, Amazon, Meta, Alphabet, and Oracle finance AI infrastructure through hidden debt. A Mo…
Moody's upgraded SK Hynix to A3+ with a stable outlook on August 3, 2026, completing a clean sweep of credit rating upgrades by all three major agencies in 2026, following S&P's BBB+ upgrade on Februa…
A blog post argues that the AI industry is heading for a crash due to unsustainable capital expenses, circular revenues, huge debt, public pushback, increasing corporate skepticism, diseconomies of sc…
Microsoft and Meta face investor scrutiny over AI spending this week as combined capital expenditure across Microsoft, Meta, Alphabet, and Amazon is projected to hit roughly $700 billion in 2026 and e…
Hedge fund manager Michael Burry increased bearish wagers on AI-linked stocks including Nvidia and Micron Technology, testing Beijing's stock market support as Moody's warned of debt risks from hypers…
Moody's issued a sector-wide credit warning on July 24, projecting that combined AI capital spending by six tech giants—Microsoft, Amazon, Alphabet, Meta, Oracle, and CoreWeave—will reach $785 billion…
Meta and Microsoft report earnings on July 29 with investors focused on massive capital spending tied to AI infrastructure. Meta lifted its 2026 capex guidance to $125 billion to $145 billion, while M…
Moody's warns that 'unprecedented' artificial intelligence spending is straining the credit quality of Amazon, Meta, Alphabet and other major corporations, forcing even cash-rich firms to rely on debt…
Focused Labs argues that AI agents in financial services must produce per-work-item receipts to prove ROI, moving beyond simple token or uptime metrics. The firm highlights that 68% of financial-servi…
The Wisconsin Public Service Commission has declined to reopen its April 2026 order requiring data center operators with credit ratings below A-/A3 to post collateral, saddling Oracle with an estimate…
Oracle faces over $100 million a year in financing costs to guarantee power commitments for its nearly 1 GW Lighthouse Campus datacenter in Wisconsin, after the Public Service Commission of Wisconsin …