Major tech companies are expected to spend about $750 billion on AI development this year, primarily funded through debt rather than cash reserves. This marks a shift from the past decade when these firms self-funded growth, making them less sensitive to interest rates. Now, rising Treasury yields and compressed yield spreads signal growing market skepticism about tech growth prospects. Investors should monitor interest costs and debt schedules closely, as the tech sector's increased leverage introduces new risks amid uncertain AI returns.
Google DeepMind has invested $75 million in indie film studio A24 to create AI tools that support filmmaking. This partnership aims to combine DeepMind's AI expertise with A24's creative input to develop new features that empower artists in storytell...
Citizens analyst Andrew Boone reaffirmed a 'Market Outperform' rating on Alphabet (Google) shares with a $515 price target, citing ongoing risks in retaining AI talent, including recent departures to competitors like OpenAI. Despite these challenges,...
Berkshire Hathaway, under new leadership by Greg Abel, nearly tripled its stake in the New York Times during the first quarter, marking a notable shift into digital media investments. The Times, valued at $11.7 billion, is transforming into a digital...
Shares of major tech companies like Alphabet and Amazon dropped sharply due to investor concerns about massive AI-related capital expenditures projected for 2026. Alphabet's stock fell 6% amid fears about AI talent loss and a 47% drop in free cash fl...
Anthropic's AI-native engineering teams have increased code production eightfold since 2021, shifting the main bottleneck from coding to verification. With AI-generated code becoming abundant, the challenge lies in ensuring code correctness, security...
