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The AI Bond Bonanza Could Be a Big Problem for the Stock Market
Barrons.com37d agoneutral
The AI Bond Bonanza Could Be a Big Problem for the Stock Market

As U.S. companies raise billions of dollars to fund their AI dreams, they’re primarily tapping debt markets. Nearly 70% of the $456 billion cash raised for AI from the public market in 2026 has come from the investment-grade debt market, according to Bank of America Global Research. At $309 billion, that amount is more than double the $136 billion in AI-related investment-grade debt issued in all of 2025.

Australia passes law to levy tech giants that fail to pay for local news
Reuters37d agoneutral
Australia passes law to levy tech giants that fail to pay for local news

Australia passed legislation on Thursday that will force tech giants to pay millions of dollars in ‌levies if they fail to strike commercial deals with local ‌media outlets for news on their platforms. Proceeds from the scheme would be directed to local Australian news outlets, whose content helps drive user engagement and advertising revenue on the tech firms' platforms. The levy applies to Meta, Alphabet's Google, ‌TikTok and Microsoft's LinkedIn, ⁠covering companies with a "significant" social media or search service in Australia, and local advertising revenue exceeding A$250 million ($178 million).

Corrections &Amplifications
The Wall Street Journal37d agoneutral
Corrections &Amplifications

CORRECTIONS A judge ordered Meta Platforms to create a $567 million abatement fund as part of remedies stemming from a New Mexico trial. A U.S. News article on Wednesday about a different child-safety trial in California incorrectly said $567 billion.

Broadcom (AVGO) Is Down More Than 20%—Why TD Cowen Still Sees 27% Upside
Insider Monkey38d agoneutral
Broadcom (AVGO) Is Down More Than 20%—Why TD Cowen Still Sees 27% Upside

Broadcom Inc. (NASDAQ:AVGO) stock is down roughly 20% from its all-time highs in June, a pullback driven by a mix of lofty AI expectations, a high valuation multiple, broader market pressures, the Mediatek-driven narrative, and more recently, Marvell Technology Inc. (NASDAQ:MRVL). Despite the drop, TD Cowen analyst Joshua Buchalter recently reiterated a Buy rating on […]