Goldman Sachs booked a record $3.4bn in investment banking fees in the second quarter, up 55% year-on-year, driven by what CEO David Solomon called an AI CapEx super cycle. Equity underwriting rose 13…
South Korea's KOSPI index plunged 6.37% to close at 6,820.60 on Thursday, falling back below 7,000 amid concerns over slowing AI infrastructure investment and intensifying memory chip competition. Mor…
Anthropic is quietly scheduling investor meetings for a potential October IPO, targeting a $965B valuation, while facing diplomatic backlash in Europe after sending a junior employee to deliver AI-gen…
Anthropic, an AI research company, is reportedly planning an initial public offering as early as October, with Morgan Stanley, Goldman Sachs, and JPMorgan involved, potentially listing before competit…
Morgan Stanley analysts led by Joseph Moore defended Broadcom's role in Google's TPU supply chain, projecting TPU shipments will reach 3.2 million units in 2026 and 5 million in 2027, with the partner…
Anthropic has confidentially filed its IPO prospectus with the SEC and may list as early as October, according to CNBC and Bloomberg. The AI company, valued at $965 billion after a $65 billion funding…
Anthropic PBC is seeking to meet with investors ahead of a potential mega-IPO, with banks scheduling meetings in the coming weeks for the Claude chatbot maker, which is considering an IPO as soon as O…
Morgan Stanley reported blowout second-quarter earnings with record revenue, driven in part by AI-related activities, but questions remain about the sustainability of this revenue stream, according to…
Apple is in early talks with PrismML, a startup that compresses large AI models to run on a phone, as the company seeks to run more of Siri's work locally. PrismML CEO Babak Hassibi told CNBC that App…
Morgan Stanley reported record net income of $5.58 billion, or $3.46 per share, and record revenue of $21.35 billion in the second quarter, driven by an AI-fueled surge in trading and dealmaking. The …
Apple Inc. is in early talks with PrismML, a Khosla Ventures-backed startup spun out of Caltech, to use its compression technology that shrinks AI models from 54 GB to under 4 GB, enabling all 27 bill…
Community resistance is bottlenecking data center growth, threatening AI infrastructure expansion, Morgan Stanley warns. In 2026, numerous communities have enacted moratoriums, including New York's st…
Goldman Sachs CEO David Solomon said Wall Street is in the middle of an AI capex 'super cycle' that is driving elevated levels of strategic activity, financing, and capital formation across markets, a…
AI-related debt has surged 99% over the past year to $1.2 trillion, now making up 14% of the investment-grade market, driven by hyperscalers like Amazon, Alphabet, Meta, Microsoft, and Oracle issuing …
Meta and Amazon are leading a $725 billion capital expenditure surge among Big Tech companies for 2026, up from $410 billion in 2025, driven by AI infrastructure costs. Morgan Stanley projects total U…
Morgan Stanley has raised its capital expenditure estimates for Amazon and Meta, citing rising AI costs. The investment bank now expects Amazon to spend $75 billion and Meta $45 billion on capex in 20…
Alphabet CEO Sundar Pichai announced on April 29 that Google will sell its Tensor Processing Units directly to external customers, targeting Nvidia's key relationships. Google plans to ship 4.3 millio…
Morgan Stanley analyst Sean Diffley said AI will be key for the combined Paramount Skydance and Warner Bros. Discovery to extract value from their $111 billion merger, estimating 20% to 40% cost savin…
Morgan Stanley and Goldman Sachs warn that AI chip revenue forecasts for 2026 and 2027 have outpaced realistic capacity and demand trajectories, with sustained annual growth exceeding 30% seen as unsu…
Conservative commentator Ben Shapiro publicly asked Elon Musk to build an eight-seat Tesla minivan or SUV, arguing that the current lineup cannot accommodate his family of seven after Tesla ended prod…