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…
Zhongji Innolight has secured more than 30 cornerstone investors for its US$8 billion Hong Kong IPO, set for July 30, which would be the city's largest listing in seven years. Nearly half the base sha…
Tesla is expected to report a negative free cash flow of $3.3 billion for the second quarter of 2026, its first quarterly cash burn in over two years, as surging capital expenditures on AI infrastruct…
BlackRock is leading a debt sale of more than $12 billion to fund a Meta data center campus in El Paso, Texas, with the bonds issued by a company holding an 80% stake in the project while Meta owns th…
Oracle's five-year credit default swaps closed at 198.23 basis points on July 17, surpassing the 2008 financial crisis peak of 198.18 basis points, as credit markets signal concern over the company's …
A-Comm Technologies founder and CEO Krystal Gracier opened the draft A-Comm Evidence Protocol (AEP) for public comment on July 13th, proposing a tamper-evident record for AI agent transactions that me…
Zhongji Innolight, a Chinese maker of high-speed optical transceivers, is pursuing a Hong Kong listing worth up to $8bn, which would be the city's largest IPO since Alibaba's $12.9bn debut in 2019. Th…
Alphabet Inc., Google's parent company, announced the largest equity capital raise in corporate history, pulling in $80 billion through stock sales, convertible preferred shares, and a $10 billion pri…
Big Tech earnings season begins next week with Google, and the key figure will be capital expenditure on AI data centers, with Google, Amazon, Microsoft, and Meta planning to spend over $700 billion t…
Morgan Stanley warns that growing opposition to AI data centers in the US is becoming a bottleneck for expansion, potentially delaying investment cycles and reducing total capital needs. New York beca…
The five largest Wall Street banks — JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley — collectively reported $114 billion in capital markets revenue in the first half of …
Zhongji Innolight, a Shenzhen-listed optical module maker supplying AI data center components for Nvidia's ecosystem, has secured approval for a secondary listing on the Hong Kong Stock Exchange that …
Moonshot AI launched Kimi K3, a 2.8-trillion-parameter open-weight model, on Thursday, ranking alongside Claude Fable 5 and GPT-5.6 Sol on the Artificial Analysis Intelligence Index with a score of 57…
Investors are rotating into quality stocks as AI-related risks rise, with Barclays Plc reporting that its long-short quality basket gained 1.9% on Thursday while the Nasdaq 100 fell 1.6%. The quality …
A selloff in Asian chip stocks deepened as Taiwan Semiconductor Manufacturing Co.'s strong results failed to meet lofty investor expectations, with TSMC shares falling as much as 4.5% in Taipei despit…
Five major US banks—Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley—collectively cut over 10,000 jobs in Q2 2026, the largest quarterly reduction in at least six years, even…
Anthropic is lining up investor meetings with Goldman Sachs, Morgan Stanley, and JPMorgan Chase for a potential October IPO at a nearly $1 trillion valuation, after the company was last valued at $965…