The cost of protecting tech firms' debt against default is surging as Wall Street picks winners and losers in the AI race, with Oracle Corp.'s credit-default swaps reaching a multi-year high of 215 ba…
OpenAI and Anthropic spent a combined $3.17 million on federal lobbying in Q2 2026, a 23% surge from Q1, according to federal disclosures viewed by CNBC. Anthropic led with $1.97 million, a 26% sequen…
UBS's trading desk says the selloff in momentum stocks is nearing an end, creating an opportunity to buy artificial intelligence and semiconductor shares. Hedge funds have unwound long positions in mo…
Bonds sold by hyperscalers including Meta Platforms Inc., Alphabet Inc., and Amazon.com Inc. to fund AI infrastructure are underperforming across global markets, with 79% of sector bonds issued since …
Oracle Corp.'s $250 billion data-center expansion has led S&P Global Ratings to cut its credit rating to BBB-, one step above junk, as the company burns through more than $20 billion over the last fou…
The Trump administration plans a summit to expand its Ratepayer Protection Pledge, aiming to ensure AI infrastructure costs are not passed on to households, according to Reuters. Tech giants including…
Alphabet, Amazon, Meta, Microsoft, and Oracle have doubled their collective debt to $350 billion over five years to fund AI data center construction, betting on future revenue from AI services. Invest…
Bank of America provided a $520 million credit line to OpenAI after previously rejecting the AI company's request, marking a shift in the bank's cautious approach to money-losing AI startups. The deci…
California launched the nation's first AI-Unemployment Tracker on Thursday to detect automation-driven job losses. Developed by Governor Gavin Newsom's office, the Employment Development Department, a…
SpaceX completed a $2.5 trillion IPO and now plans to raise at least $20 billion in its first bond deal to fund AI data centers in space, with capital expenditure potentially exceeding $700 billion an…