Morgan Stanley analysts discussed Microsoft's (MSFT) artificial intelligence revenue outlook, highlighting the company's potential for growth in the AI sector. The investment bank's assessment focused…
OpenAI has held talks with Citigroup Inc. and JPMorgan Chase & Co. about joining the underwriting group for an initial public offering, according to Bloomberg News. The discussions could add those ban…
OpenAI is in talks to add Citigroup and JPMorgan Chase to its IPO banking syndicate, joining lead underwriters Goldman Sachs and Morgan Stanley. The company plans to confidentially file draft IPO pape…
Dell Technologies reported quarterly revenue up nearly 88% year over year, driven by AI server revenue that surged 757% to $16.1 billion, according to CNBC. Adjusted earnings per share of $4.86 beat c…
OpenAI and Anthropic are targeting initial public offerings as early as fall 2026, with combined proceeds from the two AI giants expected to approach $200 billion. OpenAI, valued at roughly $852 billi…
OpenAI and Anthropic are preparing for initial public offerings later this year, with OpenAI targeting September and Anthropic eyeing October or later, as the two AI giants seek to go public amid econ…
Morgan Stanley has doubled its forecast for AI-driven job losses in European banking, now projecting that up to 20% of the sector's workforce — roughly 400,000 roles — could be eliminated by 2030 as l…
Morgan Stanley projects European banks will eliminate more than 200,000 jobs by 2030, representing roughly 10% of the sector's workforce, as artificial intelligence and digitalization reshape back-off…
Marvell Technology shares surged 142.3% year-to-date through May 26, 2026, ahead of the company's Q1 fiscal year 2027 earnings report on May 27. Wall Street analysts have raised price targets, citing …
In May 2025, the tech economy split into two disconnected ecosystems: software and AI. By early 2026, SaaS and cloud services experienced their largest sell-off since the pandemic began, while AI labs…
U.S. neighborhoods near data centers have experienced a 267-percent increase in electricity costs since 2020, creating political upheaval risk ahead of midterm elections. Morgan Stanley analysts expec…
INNIO Group filed for a $2 billion initial public offering on the Nasdaq under the ticker "INIO," citing surging electricity demand from AI data centers as a key growth driver. The company, which supp…
OpenAI is reportedly preparing for an initial public offering as early as September, just one day after Elon Musk lost a lawsuit that threatened the company's corporate structure and future plans. The…
According to a Wall Street Journal report, OpenAI is moving forward with an initial public offering (IPO) following Elon Musk's failed lawsuit, with CEO Sam Altman aiming for a September launch. The c…
Following Elon Musk's failed lawsuit against OpenAI, the company is moving forward with an initial public offering (IPO) that CEO Sam Altman hopes to complete by September. OpenAI is working with inve…