Truist

Wall Street strategists see Big Tech's AI spending starting to pay off, with JPMorgan raising its S&P 500 price target to 8,000 from 7,800, citing strong cloud demand. Microsoft's Azure surpassed $100…

JPMorgan strategist Dubravko Lakos-Bujas raised his S&P 500 price target to 8,000 from 7,800, citing strong earnings and AI monetization signs. With 87% of S&P 500 companies having reported, 78% beat …

CoreWeave's stock rose 8.77% to $93.28 on Tuesday after the AI cloud infrastructure company announced its first Asia-Pacific expansion with three data centers in Indonesia totaling 360 megawatts of co…