Sourcerer, a San Francisco-based startup founded by Peter Cetale and Robert Magee, aims to replace traditional procurement software by acting as the supplier of record for physical goods, using AI age…
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…
Nscale closed a $900 million revolving credit facility from twelve banks including Goldman Sachs, J.P. Morgan, and Morgan Stanley, marking Wall Street's formal endorsement of the GPU cloud market. The…
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…
Bank of America warned that AI investors face a reality check as extreme speculation and high valuations signal a potential market snapback. The S&P 500's nine percent gain this year masks growing gap…
Morgan Stanley initiated coverage of SpaceX with an Overweight rating and a Street-high $300 price target, implying 87% upside, as the company joins the Nasdaq 100. The bank frames SpaceX as a unique …
British data centre builder Nscale secured a $900m revolving credit facility from 12 banks including J.P. Morgan, Goldman Sachs and Morgan Stanley to fund AI data centre construction across Europe, th…
Stockholmsbörsen vände ned på onsdagen med breda OMXPI ned 0,5 procent, pressad av AI-relaterad oro efter svag utveckling på Wall Street. Klimathanteringsbolaget Munters föll 4 procent och ABB backade…
Morgan Stanley, lead underwriter of SpaceX's IPO, values the company's space segment at just $8 per share of its $135 stock price, with 94% of the valuation coming from Starlink, AI synergies, and inf…
Nscale closed a $900 million revolving credit facility on July 7, 2026, to fund AI data-center expansion across the US, Europe, and Asia-Pacific, syndicated by J.P. Morgan, Goldman Sachs, and Morgan S…
Goldman Sachs and Morgan Stanley released divergent revenue forecasts for SpaceX after its IPO quiet period ended, with a $1 trillion valuation gap driven by differing assumptions about AI monetizatio…
UiPath shares rebounded 15% over five days, lifting market value toward $6bn, after the automation firm reported its first-ever first-quarter GAAP operating profit of $28mn on revenue of $418mn, drive…
London-founded MDOTM raised $27 million in growth-equity funding led by Expedition Growth Capital to scale its AI platform Sphere, which automates portfolio management and client reporting for banks a…
AI providers face mounting operational pressures as infrastructure costs soar, with OpenAI expecting $600 billion in compute spending by 2030 and major tech firms potentially spending $630 billion on …
Alphabet's market capitalization surged by $2 trillion to $4.3 trillion, making it the second-most valuable company globally, driven by investor confidence in its AI capabilities. However, the stock h…
ITG Inc., an Oaktree-backed infrastructure builder, raised $312.2 million in its Nasdaq IPO but priced shares at $16, below the $19-$22 range, as investors discounted the company despite the AI infras…
MDOTM Ltd. raised $27 million in growth equity led by Expedition Growth Capital, bringing total funding to $36.5 million. The company's AI platform Sphere now supports over $100 billion in assets acro…
Morgan Stanley forecasts US investment-grade corporate debt issuance will reach $2.2 trillion to $2.46 trillion in 2026, driven by massive AI infrastructure spending from tech giants. The bank estimat…
MDOTM Ltd., a provider of AI-driven investment solutions, raised $27 million in a growth equity round led by Expedition Growth Capital. The company serves over 60 financial institutions and will use t…
The Nasdaq Composite lost over $1 trillion in market value in late June 2026, sparking bubble fears as AI-related corporate borrowing could exceed $500 billion by year-end and the S&P 500's price-to-s…