Broadcom Eyes Over $50 Billion to Fund OpenAI’s Custom AI Chips as Oracle Also Pursues Major Chip Financing: Report
Broadcom seeks over $50 billion in financing for OpenAI chips, while Oracle pursues funding for a separate large-scale chip purchase.
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FCC approved SpaceX’s 15,000 Starlink satellites for mobile and Direct-to-Cell service without requiring ground-provider leases.
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Broadcom seeks over $50 billion in financing for OpenAI chips, while Oracle pursues funding for a separate large-scale chip purchase.
Jim Cramer praised SpaceX as a real, profitable business, citing AI compute deals and Goldman Sachs’ $230 price target.
The S&P 500's exceptional 21% annual returns since 2022 mirror historical peaks before major market corrections. With the CAPE ratio at 40.5 (only previously seen before the Great Depression and dot-com bubble), the article warns that the AI boom may be unsustainable. Goldman Sachs estimates hyperscalers could spend $1.4 trillion on AI capex by 2028, but this spending may never generate sufficient returns to justify the investment. The article recommends investors take profits and diversify away from AI-exposed stocks rather than timing the market.
https://www.bloomberg.com/news/articles/2026-10-07/morgan-stanley-selling-pieces-of-3-billion-royal-caribbean-loan
Morgan Stanley is expected to report Q3 2026 earnings of $2.88 per share with 8.2% revenue growth, but recent analyst revisions and a negative Earnings ESP of -0.20% suggest limited upside surprise potential. Similarly, Goldman Sachs faces headwinds with an -8.71% Earnings ESP despite expected 9% EPS growth, making both stocks difficult earnings-beat candidates despite their strong historical performance.
Elon Musk confirmed that TSMC is in talks with Terafab alongside Intel, threatening Intel's position as the exclusive chip manufacturing partner for SpaceX and Tesla's joint venture. This development casts doubt on Intel's ability to meet Terafab's needs and could significantly impact Intel's foundry business growth, despite the company's recent stock rally and accelerated 14A production timeline.