Tag

#Wall Street

5 articles

AI’s finally expensive enough to make Wall Street nervous

Google's AI spending projection has surged to $205 billion, sending shockwaves through Wall Street as investors grapple with the escalating costs of artificial intelligence development.

Jul 2821

business

Apollo economist warns AI profit gains outside tech could take "well beyond" what Wall Street expects

Apollo economist Torsten Slok warns that AI profit gains outside of tech could take significantly longer than Wall Street expects, with regulated industries facing delays due to compliance and operational challenges.

Jul 744

Zhipu shares jump as Wall Street bets China AI fills the Anthropic gap

Zhipu AI's stock surged 48% as Wall Street bets on China's AI sector amid U.S. regulatory pressure on Anthropic. Investors see Zhipu as a key player in the evolving global AI landscape.

Jun 1568

business

Wall Street is paying $25,000 a day for AI trainers who used to work there

Former Wall Street bankers Felipe Sinisterra and Dave Wang are charging up to $25,000 a day to train financial institutions on using AI tools they've already purchased. Their high fees highlight the growing demand for AI literacy in the financial sector.

May 2674

business

Wall Street says Oracle is a buy. The investors selling it can count to $300 billion.

Oracle’s stock has dropped nearly 50% since September, but Wall Street analysts remain largely bullish, with 41 out of 51 giving it a buy rating. The disconnect between market performance and analyst sentiment has sparked debate among investors.

May 172