Wall Street’s Trading Boom Starts to Split
When Goldman Sachs reports third-quarter results on Tuesday morning, the first of the big banks to step forward, the number most likely to move its stock sits a line or…
Oracle’s Debt Load Passes $169 Billion as It Chases More AI Chips
The number is now large enough that it is hard to ignore. Oracle, the cloud company that has transformed itself into a landlord for artificial-intelligence computing, has interest-bearing debt above…
Google Gives Gemini a Job, and Waymo Borrows $5 Billion
Google spent Wednesday making the same argument twice: that its AI is ready to go to work. At a cloud event, the company showed a unified Gemini agent that takes…
SK Hynix’s Solidigm Taps Goldman and Morgan Stanley for a 2027 Listing
The investment bankers who spent late September pitching for a piece of Solidigm’s initial public offering got their answer this week. SK Hynix’s NAND-memory subsidiary has chosen Goldman Sachs and…
SpaceX Plans to Borrow $40 Billion to Buy Nvidia’s Chips
The figure would have been unthinkable for a rocket company a few years ago: $40 billion in fresh debt, most of it for a single order of computer chips. That…
ICE Put Photos of Border Monitors Into a Palantir Database, Lawmakers Say
The woman’s offense was watching. She observed immigration enforcement operations and posted what she saw, and for that, according to court records newly unsealed, federal agents entered her photograph and…
Bain Capital Circles Koch’s Data-Center Firm in a $15 Billion Bet
Bain Capital sat out the AI infrastructure boom on purpose. Its managing partner, David Gross, called the flood of money into data centers a “massive arms race,” the kind of…
Goldman Sees a Market That Has Stopped Pricing Fear
Brian Garrett spends his days watching what traders are willing to pay to protect themselves, and last week the answer was almost nothing. The Goldman Sachs derivatives trading chief says…
Nscale Raises $3.36 Billion in Convertible Debt Ahead of Listing
The first tranche lands at closing. The second is committed but unpaid, and it waits on a listing that has not happened yet. London-based AI cloud provider Nscale said on…
What a Fifteen-Year-Old Film Still Explains About Borrowed Money
A post circulating on the Chinese news platform Toutiao has returned an old movie to the conversation, and the movie, in turn, has returned an old subject: what happens to…
