Subrat Patnaik

The bull case for generative artificial intelligence is no longer clear and hyperscalers should be approached with caution, according to an analyst who downgraded two of Wall Street’s most-favored tech giants.

Microsoft Corp. shares got caught up in a selloff Thursday that wiped out $357 billion in value, second-largest for a single session in stock market history.

Oracle Corp. shares extended their rebound on Monday, as ramped up capex spending by US technology giants helped soothe nerves over the threat posed to the company by developments in artificial intelligence.

Blackstone Digital Infrastructure Trust Inc. is seeking to raise as much as $1.75 billion in a US initial public offering, offering investors the chance to capitalize on a surge in building artificial intelligence infrastructure.

Blackstone Digital Infrastructure Trust Inc. raised $1.75 billion in a US initial public offering, as investors’ appetite for artificial intelligence infrastructure shows no sign of easing.

SpaceX jumped for a third straight day on Tuesday, overtaking Amazon.com Inc. in value to become the fifth-largest stock in the world.

SpaceX shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the Elon Musk-led rocket and satellite company’s market value.

Bending Spoons SpA, which acquires struggling software businesses, and some of its backers raised $1.68 billion in a US initial public offering priced above a marketed range.

SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.

Microsoft Corp. made market history on Thursday, adding nearly half a trillion dollars to its value, the most by any stock in a single day.