Meta and BlackRock are raising more than $12 billion in bonds through a joint venture called Project Sopaipilla Holdings to finance a 1-gigawatt Meta data center campus in El Paso, Texas, with JPMorga…
The five largest cloud builders—Microsoft, Amazon, Alphabet, Meta, and Oracle—have pledged a combined $725 billion in AI infrastructure spending for 2026, driving their collective free cash flow towar…
Alphabet's 100-year sterling bond fell below 90 pence on July 23 for the first time since its February issuance, losing more than 10% of its face value, as bond markets signal growing skepticism about…
Morgan Stanley analyst Stephen Byrd initiated coverage of Applied Digital (APLD) on July 23 with an Equal Weight rating and a $36.50 price target, citing fair value in the former Bitcoin miner's pivot…
Goldman Sachs estimates that AI-related corporate debt issuance has reached roughly $489 billion through mid-2026, with Amazon alone raising approximately $53 billion through bond offerings this year,…
SpaceXAI is scouting sites in Austin, Bastrop, and Conroe, Texas for a gigawatt-scale AI data center campus that would match or exceed its Memphis Colossus complex, which houses roughly 555,000 Nvidia…
Nebius Group closed a $775 million senior secured debt facility on July 17, its first asset-backed borrowing, to fund AI cloud infrastructure buildout. The deal, led by MUFG and syndicated among 10 ba…
OpenAI on July 21 appointed Nubank CEO David Vélez and BNY CEO Robin Vince to the boards of both the OpenAI Foundation and OpenAI Group PBC, expanding the board to 10 members as the company moves towa…
JPMorgan strategist Jason Hunter warned that a widening gap between AI chip stocks and hyperscalers over the next few weeks will determine whether the market faces a healthy rotation or a correction r…
The AI trade is broadening beyond chipmakers as the equal-weighted S&P 500 outperforms its market-cap-weighted counterpart since June, signaling a healthier market rally, according to Business Insider…
Wall Street banks including Bank of America Corp. and Morgan Stanley have begun trading parts of a $35 billion financing package for Broadcom Inc. and Anthropic PBC's AI infrastructure expansion, with…
Tesla will report second-quarter earnings after the closing bell Wednesday, with investors focused on updates about robotaxis, humanoid robots, and a potential SpaceX-Tesla merger. Cantor Fitzgerald a…
Galaxy Digital Inc. plans to raise about $3.5 billion from a debut junk-bond sale to fund a data center tied to CoreWeave Inc., extending AI financing into riskier corners of the US credit market. Pro…
BlackRock is raising at least $12 billion through a bond sale to build a Meta data centre in El Paso, Texas, with BlackRock owning 80% of the project and Meta owning 20%, allowing Meta to keep the cos…
Accenture and Cognizant have lost over $100 billion in combined market value over two years as artificial intelligence reshapes the consulting industry, according to Inside AI. McKinsey CFO Yuval Atsm…
Amazon, Alphabet, Meta, and Microsoft are on course to spend about $725 billion on capital expenditure in 2026, up from roughly $410 billion in 2025, while their combined free cash flow is projected t…
Tempus AI shares fell 7.74% to $48.41 on July 20, 2026, after the company agreed to acquire Personalis for about $1.5 billion, or $16.25 per share, with Personalis shares dropping 13.32% to $13.34. Th…
Tesla reports second-quarter earnings on Wednesday with shares down 15% year-to-date, and Wall Street analysts are pressing for updates on robotaxi deployment and humanoid Optimus robots, which they v…
Tesla is expected to report a negative free cash flow of roughly $3.3 billion for the second quarter of 2026, its first quarterly cash burn in over two years, driven by massive spending on AI and robo…
Morgan Stanley downgraded Salesforce on July 21, lowering its price target to $185 and citing shortcomings in the company's AI strategy that could ripple across tech sentiment. The bank's analyst repo…