Jefferies just slapped a $480 price target on Broadcom, predicting 32% upside from AI chip demand. The bank sees Google’s token processing exploding from 480 trillion to 1,300 trillion monthly. But this massive growth story comes with serious risks.
Spotify reported strong Q3 results with 281 million premium subscribers and 12% revenue growth. However, weak Q4 guidance and declining ad revenue overshadowed the beat. The company faces challenges as Daniel Ek prepares to step down in January.
Catherine Dargan has spent 25 years building one of the premier M&A practices in the legal world. She recently led Novartis’ $12 billion acquisition of Avidity Biosciences and works with clients ranging from Merck to gaming companies. Her secret? Being nimble, knowledgeable, and indispensable in an
Verizon and SBA Communications have inked a long-term tower agreement to accelerate 4G and 5G network expansion across the US. The deal provides Verizon with cost certainty and flexibility while leveraging SBA’s portfolio of over 17,400 domestic towers.
Zero trust isn’t losing momentum – companies are just doing it wrong according to BeyondTrust’s Chief Security Advisor Morey Haber. The real issues include overhyped vendor promises and misunderstanding identity’s role. Haber offers practical advice for implementing zero trust correctly in the age o
Three notorious hacking groups have officially merged into a coordinated alliance called Scattered LAPSUS$ Hunters. Trustwave’s new advisory reveals this isn’t just collaboration but a formal federation with fewer than five core operators managing about 30 personas. The group is using Telegram as a
A new startup called Parable has raised $16.5 million to help companies measure whether their AI investments are actually paying off. The platform integrates with workplace tools to establish productivity baselines and track AI’s real impact. Early results include identifying $80 million in potentia
The world’s first gigawatt-scale renewable project that operates 24/7 just broke ground in Abu Dhabi. It pairs 1 gigawatt of solar with 19 gigawatt-hours of battery storage to provide continuous power, directly challenging the notion that renewables can’t handle AI’s massive energy demands.
Apollo’s Athene insurance unit generated $871 million in spread profits last quarter, the highest in two years. The investment giant originated $75 billion in new loans, showing its lending engine remains in high gear despite market worries.
Researchers report a dramatic surge in cybercrime involving physical violence across Europe. France has become the epicenter, with sophisticated criminal networks targeting cryptocurrency holders and corporate networks through brutal tactics.
