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SpaceX to OpenAI: Mega IPOs set to debut in 2026

The year 2026 is shaping up to be one of the most active periods for global equity markets, with several high-profile companies preparing for listings that could rank among the largest in history. From US artificial intelligence leaders accelerating their path to public markets to India’s most anticipated domestic offerings, investor appetite is building ahead

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Disney, OpenAI strike $1B deal to bring iconic characters to Sora

The Walt Disney Company and OpenAI forged a landmark partnership on Thursday in which Disney will invest $1 billion in equity in the AI company. As part of the deal, Disney will grant licensed access to more than 200 of its most iconic characters for use in Sora, OpenAI’s short-form generative video tool. The Disney-OpenAI

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US stocks open mixed as Oracle’s $50B AI spending plan sparks market jitters

US stocks opened mixed on Thursday as Oracle’s troubling earnings report spooked investors despite the Federal Reserve’s dovish rate cut just a day earlier. The S&P 500 fell 0.3%, unable to hold Wednesday’s momentum near record highs, while the tech-heavy Nasdaq Composite retreated 0.7%, reflecting broader concerns about AI spending sustainability. The Dow Jones Industrial

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Tesla stock slips 2%: is this start of a broader TSLA sell-off?

Tesla stock (NASDAQ: TSLA) slipped over 2% on Thursday as renewed questions about valuation, margin pressure, and execution risks on autonomous driving spooked investors. The downward cycle of Tesla stock began with Morgan Stanley’s recent downgrade to “Equal Weight,” which prompted traders to examine whether this marks the beginning of a larger retreat. The stock

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Oracle’s AI spending spree sparks biggest sell-off in months

Oracle (NYSE: ORCL) crashed as much as 14% on Thursday morning after the legacy technology company raised its guidance for AI spending, even as revenue fell short of expectations in its fiscal Q2. The giant’s $16.06 billion in quarterly revenue missed estimates by some $150 million. Still, ORCL management raised its outlook for capital expenditures

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Adobe stock: why its measured AI strategy may prove ‘winner’ in long run

Investors often attribute moderating growth at Adobe Inc. (NASDAQ: ADBE) to the absence of an aggressive artificial intelligence (AI) strategy. In fact, they’ve punished it this year for not spending as ambitiously on AI as some of its software peers. However, Oracle earnings this week reinforced bubble concerns as the giant’s management raised its guidance

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Morning brief: Asian stocks rise as tech jitters persist; Trump moves to curb state-level AI rules

Asian markets opened higher on Friday, tracking overnight gains on Wall Street, even as renewed weakness in Oracle shares added fresh pressure to the technology sector. Investors continued to navigate shifting expectations around US monetary policy, concerns over AI-driven spending cycles, and several major corporate and policy developments shaping global sentiment. Asian markets climb despite

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Broadcom stock slumps after earnings as Wall Street pros remain bullish

Broadcom stock price suffered a 5% reversal on Friday, a day after the company published strong financial results, and analysts remained optimistic about its future. AVGO dropped to $385, down from the all-time high of $412. So, it safe to buy the dip? Broadcom published strong financial results  Broadcom, one of the biggest companies in

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BBVA integrates ChatGPT into daily banking operations

BBVA is moving artificial intelligence from limited trials into everyday banking work by extending access to ChatGPT across almost its entire organisation. The Spanish lender is giving more than 120,000 employees access to ChatGPT Enterprise after an internal pilot showed measurable efficiency gains, reports Bloomberg. The expansion reflects a broader shift in the financial sector,

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Morning brief: Crypto market reverses, Coca-Cola names new CEO

Global markets opened to a mix of risk aversion and corporate developments on Thursday as cryptocurrencies slid following renewed concerns around Federal Reserve guidance, while Coca-Cola announced a major leadership transition. Asia’s equity markets also pulled back after disappointing results from Oracle, and US lawmakers advanced a $900 billion defense policy bill. Crypto market slumps

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