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InsightsBank of America resets Oracle stock price targetThe Friday drop was caused by Broadcom taking a hit after its earnings, which affected other stocks in the AI group, as well as Bloomberg’s report that Oracle has delayed the completion dates for some of the data centers it’s developing for OpenAI.
InsightsGlobal Bond Yields Hit 16-Year High on Fading Rate-Cut BetsGlobal bond yields have risen to highs last seen in 2009 ahead of a key Federal Reserve policy meeting, signaling concerns that interest-rate cutting cycles from the US to Australia may be ending soon.
InsightsSpaceX to pursue 2026 IPO raising above $25 billionElon Musk's SpaceX is pursuing an initial public offering next year, looking to raise more than $25 billion, with a valuation over $1 trillion, a source familiar with the matter told Reuters on Tuesday.
InsightsSoftBank billionaire quietly unveils project of staggering sizeIt involves reimagining his trillion-dollar mega-city concept from early in the year, evolving into building massive facilities spread across various states, backed by a new Japan-U.S. investment pipeline worth hundreds of billions.
InsightsGoldman Says Copper’s ‘Breakout’ Above $11,000 Won’t LastGoldman Sachs Group Inc. injected some caution into the debate over copper’s prospects, saying its surge past $11,000 a ton will prove short-lived as there’s still more than enough metal to meet global demand.
InsightsAnthropic plans an IPO as early as 2026Anthropic, the artificial intelligence startup backed by Alphabet's Google (GOOG) and Amazon.com (AMZN), has hired the law firm Wilson Sonsini to prepare for an initial public offering that could take place as early as 2026, the Financial Times reported.