President Donald Trump refused to commit to signing a major bipartisan housing bill, heightening uncertainty over its fate. Trump criticized the legislation as unimportant compared to a voting bill he…
Wedbush tech analyst Dan Ives said Big Tech CEOs will not cut AI spending due to the competitive arms race, despite declining stock prices. Goldman Sachs projects $5.3 trillion in combined capex for M…
The Bank for International Settlements warned that the AI frenzy is adding to risks for an already vulnerable global economy, citing energy supply shocks and strained public finances. The BIS noted th…
Bank of America upgraded its global growth forecast, citing an AI-driven export cycle in Asia and an AI investment boom in the US. The bank now expects global GDP growth of 3.2% in 2026 and 3.5% in 20…
WhatsApp announced Monday that users will soon be able to use unique usernames instead of phone numbers to contact others, closing a privacy blind spot. The Meta-owned app, with over 3 billion users, …
Private equity firms are struggling to exit a record 13,325 unsold US companies, even as Wall Street's AI-driven deal boom sets records. The inventory overhang, up from 12,900 in October, would take 1…
Goldman Sachs strategist Ben Snider estimates AI infrastructure stocks will contribute nearly 60% of S&P 500 EPS growth this quarter, with Nvidia, Micron, and Broadcom accounting for about 54% of tota…
Nasdaq and NYSE officials will ring the opening bell from the Oval Office to celebrate the launch of Trump Accounts for minors, a tax-advantaged savings program announced by President Donald Trump. Th…
US IPOs and share sales hit a record $251 billion in the first half of 2026, driven by SpaceX's $86.2 billion listing and Alphabet's $85 billion fundraise. AI infrastructure spending is fueling demand…
US President Donald Trump announced that peace talks with Iran will resume Tuesday in Doha, after both sides agreed to halt a series of tit-for-tat attacks over the Strait of Hormuz. The negotiations …
US Secretary of Education Linda McMahon has nearly dismantled the Department of Education, laying off half its staff, cutting over $1 billion in contracts, and transferring most programs to other agen…
Microsoft Corp. shares are heading for their worst month since December 2000, down 17% in June and erasing over $570 billion in market value, as investors worry about AI spending and disruption. The s…
A growing number of tech CEOs, including Microsoft's Satya Nadella and Palo Alto Networks' Nikesh Arora, argue that cheaper AI models are crucial for wider adoption as companies face soaring bills fro…
Samsung Electronics and SK Hynix announced a combined 800 trillion won ($518 billion) investment to build a new chipmaking hub in southwestern South Korea, aiming to meet surging AI-driven demand for …
Canada is pushing for safe and equitable adoption of artificial intelligence at the United Nations, where Ambassador David Lametti says AI governance is a UN responsibility. Lametti, who has prioritiz…
South Korean stocks rebounded after Samsung Electronics and SK Hynix announced massive investment plans during a government briefing, with the Kospi recovering from a 3.4% drop to close down just 0.2%…
Asian markets were mixed on Monday as selling of AI-related shares pulled Japan's Nikkei 225 down 1% and South Korea's Kospi down 2%, while Hong Kong's Hang Seng gained 2.1%. The declines followed a W…
German companies are increasingly adopting artificial intelligence to address severe labor shortages, with Bloomberg Economics estimating AI could add up to €323 billion to the economy over the next d…
China, India, and Hong Kong are the only major stock markets where top companies' share of market capitalization has declined over the past year, reflecting their lag in the global AI race. In China a…
RBC BlueBay Asset Management expects Japanese AI stocks to correct over the next two months due to peak US hyperscaler spending and seasonal rebalancing, but predicts a rally into 2027. Portfolio mana…