corporate finance

Analysis questions cash behind Nvidia’s $235B buyback

Nvidia's record buyback plan is drawing questions about how much cash the chipmaker actually has left to give back to shareholders. The doubts center on a phrase Nvidia has added to its capital-return language: it will return excess free cash…

Broadcom shares slide as AI financing worries hit chips

Broadcom shares closed Thursday, Oct. 8, at \$360.14, down 4.35%, as a selloff in semiconductor stocks revived concerns about AI spending and about the growing amount of debt being raised to pay for big AI projects. The previous close was…

Big Tech keeps $300B in AI debt off balance sheets

Major technology companies have issued roughly $300 billion in financial guarantees over the past year to fund artificial intelligence data centers and chip procurement, recording only a fraction of that exposure on their balance sheets, the Financial Times reported Sunday.

SoftBank raises Arm-backed loan to $25B to fund AI spree

SoftBank Group has expanded its margin loan backed by shares of chip designer Arm Holdings by $5 billion to $25 billion, Bloomberg reported on Friday, as founder Masayoshi Son taps every available lever to finance an escalating wave of artificial…

Meta courts European bond investors for first non-dollar debt

Meta Platforms has been meeting with European bond investors for at least a week as part of a non-deal roadshow, Bloomberg reported on Friday, as the company explores its first-ever debt issuance outside the U.S. dollar market.

SoftBank seeks second $10B loan to fund OpenAI bet

SoftBank Group is seeking a $10 billion loan to help refinance debt tied to its investment in OpenAI, just 22 days after closing a loan of the same size secured against the same asset, Bloomberg reported on Friday.

AMD shares surge after record $4.75 billion bond sale

Advanced Micro Devices priced the largest bond offering in its history last week — a $4.75 billion package of senior unsecured notes — sending its shares up 6.5% on Friday to close at $514.39. The deal, which is expected to…

OpenAI says enterprise now tops consumer revenue

OpenAI's annualized revenue run rate has surpassed $40 billion, roughly doubling from the end of 2025, as the company's enterprise business has overtaken its consumer segment months ahead of schedule. CFO Sarah Friar disclosed the crossover during a shareholder meeting…

Amazon uncovers ‘catastrophically expensive’ AI cost overruns

Amazon Amazon.com, Inc. has uncovered cases of runaway spending on internal AI projects, including one that exceeded its budget by 860% and went undetected for five months, according to a Financial Times report published Thursday.

Nvidia shares slide as $750B in AI deals fuel financing fears

Nvidia is advancing more than $750 billion in AI-related deals, a breakneck expansion that has intensified warnings from investors and analysts about the risks of "circular financing" — arrangements in which the chipmaker bankrolls the very companies buying its products.

Big Tech’s AI spending set to exceed cash flow by 2027

The five largest U.S. technology companies investing in artificial intelligence infrastructure are on pace to spend more on capital expenditures than they generate in free cash flow by 2027, according to a Reuters analysis published on Tuesday that underscores the…

BlackRock loses another private credit leader amid HPS integration

Stephen Allan, BlackRock's head of Australasia private credit, has left the firm, according to Bloomberg, adding to a string of senior exits from the asset manager's private credit operations following its acquisition of HPS Investment Partners.

Gartner warns AI coding costs will top developer salaries by 2028

Enterprise spending on AI coding tools is on track to exceed the average software developer's salary by 2028, according to a report published Tuesday by Gartner, as a shift toward consumption-based pricing and surging token usage upend corporate technology budgets.