Goldman Sachs Sees Diesel Refining Margins Soaring to $63 a Barrel
Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its…
Claude Has More Google Workspace Integrations…And Other Business Technology News This Week
Close-up of a person’s hand holding a smartphone and using the Opus 4 model within the Claude app…
The AI build-out has a problem that $1 trillion in cash can’t fix
Now that earnings season is nearly done, there are new — and even bigger — forecasts of how…
Tech’s AI debt boom, in one chart
The year of tech companies tapping the debt markets to fuel their AI ambitions is far from over,…
‘Payback’: why China’s world-beating car industry faces plunging sales at home
China’s electric vehicle (EV) industry sits at the centre of numerous economic and geopolitical trends: consumer spending, environmental…
Big banks’ record Wall Street profits are increasingly tied to AI
Wall Street’s biggest banks just posted a record first half, turbocharged by stock trading, dealmaking, and financing tied…
Earnings live: Wall Street bank stocks mixed despite profit haul
A series of big bank results kicked off the second quarter earnings season on Tuesday. JPMorgan (JPM), the…
Morgan Stanley Cuts Brent Forecast to $75 a Barrel
Morgan Stanley has slashed its oil price forecasts for the next 18 month as it expects the reopening…
As China plans for demographic crisis, some sectors see opportunity
As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future…
The copper crunch: inside the US-China battle for a critical global supply chain
As China and the United States compete for leadership in AI, energy and other strategic sectors, a quieter…
College students are swapping coding for healthcare: Goldman Sachs
College students are beginning to eschew AI-exposed majors in favor of fields associated with stronger job growth, according…
Goldman Sachs expects SpaceX’s AI revenue to surge 100-fold by 2030, FT reports
June 4 (Reuters) – Goldman Sachs expects revenue from SpaceX’s AI division to surge to $322 billion by…