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Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
AI Age Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales Published Thu, Feb 12 20268:00 AM EST Ari Levy@levynews Jordan Novet@in/jordannovet/ WATCH LIVE Source
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Why Alphabet’s 100-year sterling bond is raising new fears over debt-fuelled AI arms race
Alphabet‘s rare 100-year sterling bond is the latest sign of late-cycle exuberance in credit markets, strategists say, as tech hyperscalers ramp up borrowing to historic levels to fund vast data center and AI infrastructure buildouts. The century bond — the Google-owner’s debut issuance in sterling — is part of a broader multi-tranche, multi-currency borrowing drive […]
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Cisco’s stock drops 7% on mediocre forecast even as earnings and revenue top estimates
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did […]
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Heineken to slash up to 6,000 jobs in AI ‘productivity savings’ amid slump in beer sales
An employee checks a Heineken beer bottle on a packaging conveyor at the Heineken NV brewery in Zoeterwoude, Netherlands. Jasper Juinen | Bloomberg | Getty Images Dutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it looks to boost efficiency through productivity savings from AI, following weak […]
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Anthropic executive takes a thinly-veiled swipe at OpenAI over spending and ads
Anthropic is focused on growing its business rather than making “flashy headlines,” its commercial chief told CNBC in a thinly-veiled swipe at rival OpenAI as the public war of words between the AI giants continues. Anthropic aired ads at Sunday’s Super Bowl taking a dig at OpenAI’s decision to begin testing ads on ChatGPT. OpenAI […]
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Astera Labs shares sink 10% as revenue comes up short of some expectations
Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts’ expectations. Here’s how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs. […]
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Amazon gets FCC approval to launch 4,500 Leo internet satellites
Amazon Leo Satellite Connectivity signage is displayed during the annual Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2026. Patrick T. Fallon | Afp | Getty Images The Federal Communications Commission said Tuesday it approved Amazon’s request to deploy 4,500 satellites, expanding the company’s planned constellation as it vies to compete with […]
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Vatican Bank makes first foray into equity indexes, setting stage for potential ETF launches
Key Points The Vatican Bank launched on Tuesday two equity indexes tracking stocks that it said are consistent with Catholic ethical principles. Its Eurozone fund includes semiconductor supplier ASML Holding and telecommunications company Deutsche Telekom, while the US-based index holds Meta and Amazon, among other stocks. The debut sets up the possibility of licensing […]
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Estee Lauder sues Walmart alleging ‘despicable’ sale of counterfeit beauty products
Walmart Inc. signage during the company’s listing at the Nasdaq MarketSite in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Estee Lauder sued Walmart in California federal court over allegations the big-box retailer sold counterfeit beauty products on its website and didn’t do enough to ensure only authorized […]
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Alphabet boosts debt sale again as total raise exceeds $30 billion, sources say
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet’s debt sale keeps getting bigger. The company is close to finalizing a global bond issuance in excess of $30 billion, according to two […]
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