Tech groups find a new way to monetize AI hype: selling volatility

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Tech groups find a new way to monetize AI hype: selling volatility

Elevated convertible bond issuance is, at heart, a response to the market being twitchier than usual

3 months ago

economy

Databricks CEO: 2026 is a Terrible Year to Go Public

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Databricks CEO: 2026 is a Terrible Year to Go Public

Databricks CEO Ali Ghodsi said 2026 is “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb over $200 billion in IPO capital. The $134 billion data company will wait for a quieter window.

3 months ago

economy

Blackstone caps withdrawals from flagship private credit fund

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Blackstone caps withdrawals from flagship private credit fund

Redemption requests surged to $4.5bn in second quarter

3 months ago

economy

SpaceX IPO shows Musk’s genius is in mythmaking

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SpaceX IPO shows Musk’s genius is in mythmaking

How exactly the company plans to support its gargantuan valuation is not obvious

3 months ago

economy

Goldman Sachs expects SpaceX’s AI revenue to increase 100-fold by 2030

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Goldman Sachs expects SpaceX’s AI revenue to increase 100-fold by 2030

Projections by Wall Street bank underpin the $1.78tn valuation group is pitching in IPO

3 months ago

economy

SpaceX Gets a Terafab Tax Break.

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SpaceX Gets a Terafab Tax Break.

Grimes County, Texas, awarded the company a property tax exemption for its planned $55 billion Terafab semiconductor plant. Local residents seem to feel the same way about the project as many do about data centers, and this tax break won’t help. As local landowner Rhonda Nesloney put it in court:

3 months ago

economy

Trafigura warns oil at ‘inflection point’ as Iran war stokes bumper half-year profits

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Trafigura warns oil at ‘inflection point’ as Iran war stokes bumper half-year profits

Commodity trader’s net profit more than doubles to $4.1bn for October to March period

3 months ago

economy

Stocks drive record share of American wealth

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Stocks drive record share of American wealth

An AI-driven rally is enriching Americans more than usual and exposing them to potentially painful losses from a reversal.

3 months ago

economy

See inside the $5.99 million Brooklyn home whose owner is willing to trade for Anthropic stock

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See inside the $5.99 million Brooklyn home whose owner is willing to trade for Anthropic stock

A Brooklyn home seller is seeking Anthropic shares or bitcoin for a $5.99M property, reflecting AI equity's rise in real estate transactions.

3 months ago

economy

Americans lead AI data center backlash, global poll finds

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Americans lead AI data center backlash, global poll finds

US has lowest support among 15 large economies for infrastructure expansion

3 months ago

economy

America’s ‘other’ economy tells a different growth story

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America’s ‘other’ economy tells a different growth story

Investors should pay attention to the struggles of the consumer packaged goods industry

3 months ago

economy

Prudential Regulation Authority

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Prudential Regulation Authority

Stay up-to-date with breaking news and top stories on Prudential Regulation Authority. In-depth analysis, industry insights and expert opinion

3 months ago

economy