Finance news

Takeda and Insilico strike AI-led drug discovery deal worth up to $600m

OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report

Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public "partners in this revolution."

Amazon is designing its own AI chips for Echo, Fire TV and future devices, exec tells CNBC

Amazon hardware chief Panos Panay says the company is designing custom chips for key devices as it experiments with AI gadgets.

Artificial intelligence: USA wants to create standards for new AI models

The US government is to work on a new standard for new AI models together with Anthropic and OpenAI. In addition, a developer is apparently offering the government a stake.

From AI chips to energy drinks: Hong Kong’s biggest listing deals of 2026 so far

Hong Kong’s stock exchange ranked second globally by capital raised in the first half of 2026, with total proceeds from initial public offerings and secondary listings rising 84.3 per cent year on year to US$26.4 billion. Among the 84 new listings during the period, mainland Chinese issuers accounted for 98.5 per cent of the total, with the majority concentrated in advanced technology and consumer staples. Below are the five largest deals: 1. Victory Giant Technology, US$2.73 billion The...

5 Under-the-Radar Stocks Fueling the AI Revolution

Nvidia was the first poster child of the AI revolution. OpenAI turned ChatGPT into a global phenomenon. Google, Microsoft, and Anthropic have since dominated headlines with ever-more-powerful models. But throughout history, the biggest fortunes made during a technological revolution rarely went to the most famous names. The California Gold Rush didn't create the most wealth for gold miners. It created fortunes for the people selling picks, shovels, railroads, and infrastructure. The same dynamic

Is Meta ‘giving up’ on cutting-edge AI? Wall Street is divided over potential cloud pivot.

Meta shares popped on reports of a new cloud-computing venture, but some analysts wonder if that would signal disappointing uptake of internal AI offerings.

Feedback on this diversified portfolio

Wanted to be diversified from ai/tech, curious what people think! Sleeve Allocation Ticker / vehicle Broad US equity 19% VTI AI/growth participation 4% QQQ Large-cap momentum 3% SPMO Non-mega-cap momentum 2% XMMO Small-cap value 7% AVUV Gold 12% GLDM Cash / money market 18% cash/T-bills Dividend quality equity 8% SCHD Minimum-volatility equity 4% USMV Consumer staples ETF 7% XLP Healthcare ETF 6% XLV Quality compounder basket 7% COST, WMT, LLY, V, MA, CB, BRK-B, WM Energy/grid/power 1% GRID or X

Meta's plan to launch a cloud business eases the biggest overhang on the stock

The stock's struggles in 2026 had been due to concerns about its aggressive AI spending.

Kawasaki Heavy to raise over $1bn via new shares, bonds for AI investment

KKR Makes Largest Ever Clean Energy Investment With $4.2B EDF Purchase

Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase gives KKR immediate control of one of North America’s largest clean power portfolios, adding more than 5.6 gigawatts of operating wind, solar, and battery storage assets as investors race to secure electricity generation for AI data centers and other fast-growing sources of power demand. T

CoreWeave, Nebius shares tumble as Meta stands to become a fresh threat in the cloud

Meta’s reported interest in monetizing its AI infrastructure is leading investors to question the sustainability of neocloud business models.

Meta pops 10% as company makes cloud push to sell excess AI compute power capacity

The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.

Palantir's Karp bashes OpenAI, Anthropic token model: 'Something has gone completely wrong'

Karp says skyrocketing token costs are forcing companies to choose open weight models and prioritize efficiency over so-called tokenmaxxing

ServiceNow and Salesforce shares now look like buys, as ‘Armageddon’ fears are too extreme, analyst says

A Guggenheim analyst says that valuations for the two software stocks are too depressed, even though the AI threat is real.

In the AI era, US-China competition hinges on who can adapt faster

Power has historically been measured by indicators such as territory, population, industrial production, military capability and economic scale. Those foundations remain indispensable. But each technological revolution has changed the nature of geopolitical competition. The Industrial Revolution rewarded manufacturing capacity. The 20th century rewarded industrial scale, military mobilisation and ideological reach. Globalisation rewarded efficiency, integration and financial connectivity. The...

China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources

Kuaishou-backed Kling AI is close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment, according to people familiar with the matter, as competition intensifies in China’s artificial intelligence video generation sector. The latest valuation was narrowed from an initial target of US$20 billion set in April, when Chinese short-video giant Kuaishou first planned to spin off Kling AI, according to a source, reflecting the shifting market...

Why "Mixture of Experts" architecture is the ultimate bull case for memory demand

Wall Street is completely sleeping on how the latest shift in AI architecture is skewing the memory-to-compute ratio heavily in favor of RAM. Everyone thinks AI is all about Nvidia GPUs and pure math power, but the newest models are being built using an architecture called Mixture of Experts (MoE). Instead of being one giant brain that does massive math for every single word, an MoE model is broken up into hundreds of specialized "mini-brains." When you ask it a question, a digital traffic cop o

KKR and SK Launch South Korea’s Largest Renewable Energy Platform

Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI and chip manufacturing. KKR and SK Inc are creating the platform, valued at about $1.3 billion, or 2 trillion South Korean won, to combine 1.7 gigawatts (GW) of clean energy capacity in operation and a pipeline of projects in development that would boost the platform’s total capacity to 10 GW, the investmen

OpenAI, Anthropic backer MGX raises one of the biggest AI funds ever as it closes at $49 billion

The company is a backer of major AI companies including OpenAI and Anthropic, alongside Elon Musk's xAI, prior to its merger with SpaceX.

Microsoft is reportedly planning thousands of layoffs as it spends on AI

According to a Business Insider report, the tech giant is expected to cut less than 2.5% of its workforce

CAT ripping to astronomical numbers on the AI story, anyone else think this is getting ahead of itself?

Been watching Caterpillar run hard the last few months and wanted to get some other eyes on this before I size up a position. Stock's at $1,050 now, up something like 50%+ this year. The whole move is being driven by the idea that CAT isn't really a cyclical machinery company anymore, it's an AI infrastructure play because their power and energy segment sells generators and turbines to hyperscalers building data centers. Got reclassified out of the Russell value/defensive indices and into the Ru

Do you verify the answers of the AI about the 10K? if you do then what's the point of giving it to AI?

Not asking whether to use AI for this everyone already does, myself included(after getting advice from you guyz) . Running a filing through an AI model and asking specific questions is indeed faster than reading 100+ pages, and at this point it's basically the default workflow for a lot of retail investors that I learnt here. What I haven't figured out is the verification step. If it tells me a company's debt covenant trips at a 1.2x coverage ratio, I'm trusting that's accurate unless I go open

China unveils industrial internet road map, with AI, 5G at core of manufacturing upgrade

China has unveiled a road map to accelerate the development of its industrial internet, setting targets for the expansion of industry-oriented 5G networks and data systems as Beijing seeks to deepen the integration of frontier technologies into manufacturing and bolster the country’s industrial competitiveness. The plan, jointly issued on Tuesday by eight Chinese government agencies led by the Ministry of Industry and Information Technology, included targets for expanding industrial digital...

KKR to control South Korea's $1.3 billion renewables platform with SK as AI power demand rises

The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.

Qualcomm challenges Nvidia's AI grip with chip that ditches HBM

Toyota to harmonize vehicle specs with AI, helping to speed production

Indian IT firms ramp up acquisitions as AI reshapes growth

CNBC Daily Open: Anthropic unbound, Trump's finances and crude realities

AI giant Anthropic has been cleared to redeploy models after the Trump administration lifts export controls.

Employers who laid off workers citing AI are already starting to regret it

Companies are realizing artificial intelligence can't do everything after all, prompting them to rehire employees to grow their businesses