The Greater Bay Area (GBA) is positioned as the ideal ecosystem for AI development due to its financial stability, digital infrastructure, and consumer market, according to discussions at the inaugura…
Morgan Stanley estimates $570 billion in global AI-related debt issuance for 2026, with $236 billion already priced by May at a pace four times faster than last year, pressuring bond investors as tech…
Lloyds Banking Group chief executive Charlie Nunn announced a new strategic plan, Accelerate 2030, targeting around £2bn in annual cost savings by 2030, driven partly by AI. Nunn said AI 'is going to …
Microsoft's AI-driven earnings surge contrasted with Meta's slump, signaling a potential shift in the AI trade narrative, according to D.A. Davidson's Head of Technology Research Gil Luria. Meanwhile,…
Hyperscalers have issued approximately $244 billion in bonds globally through July 2026, more than double the $108 billion issued across all of 2025, creating concentration risk in bond markets as AI …
AI is increasingly permeating financial services as the next major vertical after coding, with OpenAI and Anthropic hosting dedicated NYC events and releasing finance-specific plugins and agent templa…
Meta Platforms reported a 91% drop in second-quarter free cash flow to $784 million, down from $8.55 billion a year earlier, sending shares down 10% in extended trading as CEO Mark Zuckerberg's AI spe…
Meta Platforms raised its 2026 capital expenditure floor to $130 billion from $125 billion, with a new range of $130 billion to $145 billion, as it intensifies AI data center investments. The company …
Meta Platforms is paying about 7.5% to borrow $12.5 billion through a holding company tied to BlackRock for a new artificial intelligence data centre in El Paso, Texas, with the debt kept off its bala…
Apple announced a new iPhone leasing program through Klarna starting at $17.99 per month, replacing the previous iPhone Upgrade Program that cost $42 per month. The shift to monthly payments aims to s…
Credit Agricole CIB is seeking to sell down about HK$150 million ($19 million) of a HK$1.6 billion loan backing an ESR Group data center in Hong Kong, as the bank has hit its lending cap for data cent…
Morgan Stanley found that 25% of S&P 500 members cited measurable benefits from AI adoption in the second quarter, up from 14% a year earlier, signaling a market rotation toward AI adopters. The bank …
Humanoid robotics could grow to a $5 trillion market by 2050, Morgan Stanley predicts, with more than a billion robots expected worldwide. KraneShares launched the first US humanoid ETF, KOID, and Hig…
Core Scientific increased its Bitcoin holdings by 301 BTC to 848 BTC, a reversal from its earlier 2026 strategy of liquidating nearly all its Bitcoin to fund an AI and high-performance computing pivot…
SpaceX stock has fallen nearly 50% from its post-IPO peak of $225.64 to about $113, and Morgan Stanley analyst Adam Jonas estimates the core Starlink and launch business is worth about $136 per share,…
SpaceX shares fell 5% to $107.80, erasing more than $1.2 trillion in market value from a June 16 peak, as investors shunned riskier technology firms amid geopolitical volatility and AI spending concer…
Meta and BlackRock are partnering on a $14 billion data center campus in El Paso, Texas, with BlackRock's managed funds taking an 80% ownership stake and Meta retaining 20%. The 1-gigawatt facility, e…
Ford Motor Co. shares surged 44% in May on AI fever, and investors now want proof the rally is justified as the company prepares to report earnings. Morgan Stanley analyst Andrew Percoco said the mark…
Wall Street banks are emerging as overlooked beneficiaries of the AI trade, with a Bloomberg index of the five biggest lenders—Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan…
Chinese open-source AI models are gaining momentum, threatening America's lead in the AI race, according to Scott Singer, a Technology and International Affairs fellow at the Carnegie Endowment for In…