Micron Technology reports fiscal Q3 2026 earnings on June 24, with analysts expecting adjusted EPS above $20 and revenue surpassing $33 billion, serving as a stress test for AI infrastructure stocks. …
Micron Technology shares plunged 13% on June 23, 2026, ahead of its fiscal Q3 earnings report, dragging the Philadelphia Semiconductor Index down nearly 8%. The selloff was triggered by Broadcom's gui…
Wall Street sold off IT-services stocks amid fears that artificial intelligence will disrupt the industry, raising questions about whether the sell-off is overdone.…
Wall Street's enthusiasm for artificial intelligence is colliding with regulatory and political headwinds, as governments worldwide move to impose stricter controls on AI development and deployment. T…
Jane Street, a secretive Wall Street trading firm, has emerged as a major player in artificial intelligence, leveraging AI to gain a competitive edge in financial markets. The firm's aggressive adopti…
Only 16% of Americans believe AI will positively impact society over the next two decades, according to a Pew Research Center survey. The gap between public skepticism and industry optimism is widenin…
SpaceX completed the largest IPO in history on June 12, 2026, raising $75 billion at a $1.75 trillion valuation. OpenAI and Anthropic filed confidential IPO paperwork in early June, targeting valuatio…
Nearly 75% of unemployed workers in the U.S. did not apply for unemployment benefits in 2022, according to the Bureau of Labor Statistics, a trend that persists as AI-driven layoffs hit a record 120,0…
SpaceX's record-breaking $75 billion IPO, valuing the company at over $2 trillion, has sparked a trading frenzy but raises concerns about sustainability. A financial journalist warns that retail inves…
Oracle Corp. reported a $54.75 billion capital expenditure surge in fiscal 2026 as it builds five massive datacenters totaling 5.5 gigawatts of capacity to support AI processing, with a $638 billion r…
Oracle is undertaking a costly transformation to integrate artificial intelligence into its products, raising questions about whether Wall Street will support the investment. The company faces pressur…
SpaceX is preparing the largest stock-market debut in history, even as fears of an AI bubble spread across global markets. The selloff has erased as much as $2 trillion from the S&P software index sin…
SpaceX is set to go public with special treatment from Wall Street, including immediate inclusion in major stock indices and the largest-ever retail allocation, bypassing traditional requirements for …
Wall Street is pricing the AI data-center buildout at approximately $1.7 trillion by 2030, with nearly all spending directed toward vast halls of graphics chips that answer questions by guessing one l…
Wall Street analysts are signaling that Cognex (CGNX) is entering a new growth cycle driven by artificial intelligence, citing the company's expanding AI-powered machine vision technology. The optimis…
Hewlett Packard Enterprise is capitalizing on surging demand for artificial intelligence infrastructure, with Wall Street analysts projecting continued growth as the company expands its AI server and …
Broadcom lost over $250 billion in market value after its third-quarter fiscal 2026 revenue forecast of approximately $29.4 billion, an 84% year-over-year increase, fell short of Wall Street's elevate…
Anthropic has filed for an initial public offering, marking a significant milestone for the AI startup and validating Wall Street's deepening obsession with artificial intelligence companies. The IPO …
Wall Street is aggressively promoting initial public offerings for high-profile private companies including SpaceX, Anthropic, and OpenAI, urging retail investors to buy in at lofty valuations. Histor…
Former Wall Street bankers are now charging their previous employers $25,000 per day to train them in artificial intelligence. The ex-bankers have launched consulting firms that teach financial instit…