Valuation

Twitter

Facebook

Copy Link

Top News

ASML stock surges 123% as Bernstein raises price target to $2,623 on AI-driven semiconductor demand

Bernstein raises its ASML stock price target to $2,623, implying 48% upside, as AI demand drives unprecedented expansion in advanced logic and DRAM capacity. The firm forecasts EUV revenue will grow at 30% annually, reaching €42.7 billion by 2030, more than 30% above street estimates, positioning the semiconductor stock for continued gains.

Business2 sources

ASML stock surges 123% as Bernstein raises price target to $2,623 on AI-driven semiconductor demand

Business2 sources

Even Realities hits $1B valuation as Meituan, Tencent back privacy-focused smart glasses

Even Realities, a Shenzhen-based smart glasses startup founded by ex-Apple engineers, has reached unicorn status with $150 million in funding led by Meituan and Tencent. The company's privacy-first approach skips cameras entirely, instead using heads-up displays controlled by a companion smart ring. With over half its users in the U.S. and frames retailing at $599, Even Realities is carving out a distinct position in a market dominated by Meta.

Startups2 sources

Even Realities hits $1B valuation as Meituan, Tencent back privacy-focused smart glasses

Startups2 sources

Michael Burry and Wall Street analysts warn AI bubble may burst as hyperscalers pile on debt

Michael Burry has placed short positions against Nvidia, Tesla, and other AI stocks, warning the AI market bubble mirrors the dot-com crash. Jefferies' Christopher Wood flags that hyperscalers like Microsoft, Meta, and Alphabet have issued $144 billion in bonds this year, raising concerns about massive capital destruction from debt-funded AI spending that may not deliver adequate returns.

Business5 sources

Michael Burry and Wall Street analysts warn AI bubble may burst as hyperscalers pile on debt

Business5 sources

Indian IT Firms Brace for Muted Q1 as AI Shift and Weak Demand Dampen Growth Expectations

India's $315 billion IT sector faces another subdued quarter as AI-driven pricing pressure and weak client spending weigh on growth. TCS kicks off earnings with a $2.6 billion AI deal pipeline, but the industry confronts margin contraction and project deferrals. The Nifty IT index has slumped 28% in 2026, wiping out over Rs 17 lakh crore in market value as investors question whether AI will support revenue or merely reduce costs for clients.

Business6 sources

Indian IT Firms Brace for Muted Q1 as AI Shift and Weak Demand Dampen Growth Expectations

Business6 sources

Samsung profit soars 19-fold to record $58.4bn as AI demand strains memory chip supply

Samsung Electronics projected a 19-fold surge in operating profit to $58.4bn for Q2 2026, its third consecutive record quarter. The memory chip maker benefits from acute supply shortages and soaring prices driven by AI infrastructure demand, though investor concerns about sustainability triggered a 6% share drop despite the earnings beat.

Business9 sources

Samsung profit soars 19-fold to record $58.4bn as AI demand strains memory chip supply

Business9 sources

SK Hynix raises $26.5B in largest foreign US IPO as AI boom fuels memory chip demand

South Korean memory chip giant SK Hynix raised $26.5 billion in its US market debut, marking the largest foreign IPO in US history and surpassing Alibaba's 2014 record. The company sold 177.9 million American depositary shares at $149 each on Nasdaq, with demand seven times oversubscribed. Proceeds will fund new fabs in South Korea and EUV scanners to address the AI-driven memory shortage.

Business33 sources

SK Hynix raises $26.5B in largest foreign US IPO as AI boom fuels memory chip demand

Business33 sources

Dow Jones hits record as AI shares show volatile recovery across global stock markets

Global stock markets experienced a mixed session as the Dow Jones Industrial Average reached a new record high of 52,900.07, while AI shares demonstrated sharp volatility. South Korea's Kospi rebounded 5.8% after an 8% plunge, with Samsung Electronics and SK Hynix leading gains. However, concerns persist about whether AI spending on chips and data centers will deliver expected returns.

Business2 sources

Dow Jones hits record as AI shares show volatile recovery across global stock markets

Business2 sources

Kling AI secures $2.8 billion funding from Tencent as Kuaishou spins off AI video unit

Kling AI has raised up to $2.8 billion in venture capital from investors including Tencent, Alibaba, and Baidu, valuing the AI video generation subsidiary at $18 billion post-money. The funding round marks a major step as Kuaishou prepares to spin off its fastest-growing AI unit, which has seen annual recurring revenue surge to $500 million. The move positions Kling AI to fill the global void left by OpenAI's Sora shutdown while competing with ByteDance's Seedance in the rapidly evolving AI-powered video generation market.

Business5 sources

Kling AI secures $2.8 billion funding from Tencent as Kuaishou spins off AI video unit

Business5 sources

Kioxia's $250 billion comeback: AI boom drives next-gen memory mass production in Japan

Japanese chipmaker Kioxia has seen its shares surge more than sevenfold this year to a market capitalization exceeding $250 billion, surpassing Toyota Motor. The dramatic comeback is fueled by the AI boom's growing demand for high-capacity NAND memory as usage expands from training to inference, positioning the once-struggling company years ahead of rivals.

Technology2 sources

Kioxia's $250 billion comeback: AI boom drives next-gen memory mass production in Japan

Technology2 sources

Crusoe seeks $3 billion funding as AI computing power demand drives valuation to $30 billion

AI data center startup Crusoe is in talks to raise $3 billion in a funding round that may triple its valuation to around $30 billion, according to Bloomberg News. The company, which supplies AI computing power to Meta, Oracle, Microsoft, and Google, has contracts for nearly 5 gigawatts of computing capacity with over 40 gigawatts in its project pipeline.

Startups2 sources

Crusoe seeks $3 billion funding as AI computing power demand drives valuation to $30 billion

Startups2 sources

ElevenLabs explores $22 billion valuation through employee stock sale, doubling its worth

AI voice generation firm ElevenLabs is in early discussions for a secondary share sale that would value the company at $22 billion, according to Bloomberg News. The proposed valuation represents a 100% increase from its $11 billion Series D round just five months ago, as AI startups intensify efforts to retain top talent through employee stock sales.

Startups3 sources

ElevenLabs explores $22 billion valuation through employee stock sale, doubling its worth

Startups3 sources

Jeff Bezos backs five AI startups in June as family office leads 2026 investment surge

Jeff Bezos' family office invested in five AI startups in June, accounting for 10% of all family office dealmaking. Bezos Expeditions is now the most active family office investor in 2026 with eight direct investments, including a $12 billion Series B for Prometheus, where Bezos serves as co-founder and co-CEO.

Startups2 sources

Jeff Bezos backs five AI startups in June as family office leads 2026 investment surge

Startups2 sources

Chip stocks crash despite Samsung's profit surge as AI demand expectations reset valuations

Major semiconductor stocks plunged even after Samsung reported a 1,800% profit jump, signaling investor expectations for AI demand have reached unsustainable levels. Micron and Intel fell up to 8% as concerns mount over whether the AI-driven rally has overextended valuations across the chip sector.

Business15 sources

Chip stocks crash despite Samsung's profit surge as AI demand expectations reset valuations

Business15 sources

AI Boom Drives Global Venture Funding to Record $510 Billion in First Half of 2026

Global venture funding reached an unprecedented $510 billion in the first half of 2026, surpassing all of 2025's $440 billion total. The AI boom drove this record-breaking venture funding, with OpenAI and Anthropic alone capturing $217 billion—43% of all startup investment. While capital concentrated heavily in frontier AI labs, mega-rounds expanded across AI infrastructure, defense, robotics and healthcare, signaling the AI's outsized impact on the venture capital landscape.

Business3 sources

AI Boom Drives Global Venture Funding to Record $510 Billion in First Half of 2026

Business3 sources

SoftBank revives $10 billion loan talks backed by OpenAI stake with new repayment guarantee

SoftBank has reopened negotiations for a $10 billion loan backed by its OpenAI stake, adding a repayment guarantee to address lender concerns about valuing private AI companies. The move is part of Masayoshi Son's aggressive AI investment strategy, with the company having committed over $60 billion to OpenAI and related infrastructure projects while facing a March 2027 deadline to repay a $40 billion bridge loan.

Business3 sources

SoftBank revives $10 billion loan talks backed by OpenAI stake with new repayment guarantee

Business3 sources

Prev 1…456…38 Next