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Bloomberg38d agoneutral
AI Push to M&A-Starved Loans Gains Fuel With Supersized QTS Deal

(Bloomberg) -- Wall Street banks, scouring every corner of the capital markets to finance the artificial intelligence buildout, have landed on a new pool of funds: US leveraged loans, which are clamoring for the transactions amid a dearth of buyout deals.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strik

Bloomberg38d agoneutral
Anthropic Is Said to Plan IPO Investor Meetings as Listing Nears

(Bloomberg) -- Anthropic PBC is seeking to meet with investors ahead of its potential mega-IPO, according to people familiar with the matter, as the company prepares to join the rush of artificial intelligence-driven stock market debuts.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Tr

Amazon to launch its satellite internet in South Africa, seemingly beating out Musk in his homeland
Associated Press38d agobullish
Amazon to launch its satellite internet in South Africa, seemingly beating out Musk in his homeland

Amazon said Wednesday that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027, seemingly pushing ahead of Elon Musk's rival Starlink to win business in Africa's most advanced economy. Amazon, which was founded by Jeff Bezos, said that it would partner with South African internet provider Herotel to launch a new service in the country of 62 million people.

Investing.com38d agoneutral
Apple explores chip acquisitions to bolster AI server capabilities

Apple is officially shopping. The iPhone maker is quietly exploring acquisitions of semiconductor startups to supercharge its artificial intelligence server capabilities, moving aggressively to close the gap in the high-stakes AI arms race. According to a report from The Information, Apple has been in active talks with investment bankers and semiconductor startups over the past few months to gauge potential buyouts. The driving force behind this push? A pressing need for more horsepower. Current

💬Money Quote: Larry Fink
The Wall Street Journal38d agoneutral
💬Money Quote: Larry Fink

📣 “I’m very optimistic on the outlook for global markets. We see great market fundamentals with higher corporate margins and earnings momentum catalyzed by new technology.” — BlackRock Chief Executive Larry Fink, speaking after his investment firm posted record second-quarter earnings.

A look inside Meta’s Menlo Park headquarters
TheStreet38d agoneutral
A look inside Meta’s Menlo Park headquarters

Step onto Meta Platforms’ Menlo Park campus, and you might feel as though you’ve entered a virtual reality (VR) game. The expansive, 250-acre campus looks more like a utopian town than a corporate hub: one that’s filled with uniquely designed spaces, Instagrammable green spaces, and dozens of ...

Elevance Stock Falls on Medicaid Concerns
The Wall Street Journal38d agobearish
Elevance Stock Falls on Medicaid Concerns

Skittish investors pushed Elevance shares down, as they focused on worries about its Medicaid business. CEO Gail Boudreaux said the insurer’s Medicaid results were roughly what it expected, but the company is leaving the District of Columbia’s Medicaid market and plans to exit others over the next year to 18 months.

Inflation Pressure Strengthens FirstCash (FCFS)
Insider Monkey38d agoneutral
Inflation Pressure Strengthens FirstCash (FCFS)

Heartland Advisors, an investment management company, released its second-quarter 2026 investor letter for the “Heartland Value Plus Fund”. A copy of the letter can be downloaded here. Small-cap stocks rose in the second quarter, with the Russell 2000® Index increasing 21.49%, outpacing the 15.20% gain for the S&P 500 Index. The artificial intelligence trade continues […]

Johnson & Johnson beats Q2 estimates, raises full-year 2026 guidance
Proactive38d agobullish
Johnson & Johnson beats Q2 estimates, raises full-year 2026 guidance

Johnson & Johnson (NYSE:JNJ) reported better-than-expected second quarter results and raised its full-year 2026 outlook, as strong pharmaceutical sales helped offset headwinds from products facing patent competition. The healthcare company posted adjusted earnings per share of $2.90 for...

Goldman Sachs sends a confident signal
TheStreet38d agoneutral
Goldman Sachs sends a confident signal

A dividend is one of the few promises a company cannot quietly fake. Guidance gets walked back. Buybacks get paused the moment a quarter turns ugly. But a cash payment wired to shareholders every 90 days is a firm putting real money behind its own story, quarter after quarter, with nowhere to hide. ...

Five cloud business groups urge EU interim measures against Broadcom
Reuters38d agoneutral
Five cloud business groups urge EU interim measures against Broadcom

The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other ‌trade groups to urge EU antitrust regulators to suspend some ‌business practices of U.S. chipmaker Broadcom, according to a joint letter seen by Reuters. CISPE , which ​has nearly 50 members across Europe and counts Microsoft and Amazon as associate members,  in March asked for an interim measure on its own after Broadcom last year revamped its VMware cloud service provider ecosystem, which ‌it acquired in 2023.