JPMorgan Chase says a new surge in artificial intelligence spending will help push US investment-grade bond issuance to an all-time high next year. According to a new note from the bank’s credit strategists, total supply is expected to hit $1.81 trillion in 2026, reports Bloomberg. The full-year projection beats the previous record of $1.76 trillion set in 2020. Strategists Nathaniel Rosenbaum and Eric Beinstein say companies refinancing more than $1 trillion in maturing debt, alongside rising mergers and acquisitions and a boom in AI capital spending, will drive next year’s increase. JPMorgan says the renewed momentum in borrowing this year,…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Google is making its biggest state-level bet in company history, committing tens of billions of dollars to build out AI and cloud infrastructure across Texas. In a new press release from the Office of the Texas Governor, Greg Abbott, Google says the investment will anchor three new data center campuses and expand the company’s energy and workforce footprint statewide. Google says the $40 billion package is part of its broader “Investing in America” initiative, which targets large-scale technical infrastructure, expanded energy capacity and workforce development across the country. Abbott says Google’s investment cements Texas’s position as the main hub for…
Blackstone president Jon Gray is pushing back against rising claims that the artificial intelligence sector is in bubble territory. In a new video, Gray says talk of widespread excess in private credit, AI and the stock market may be overstated. He notes that it has become too easy for investors to lump several fast-growing sectors into bubble conversations without examining what is actually driving the investment wave. “They say there’s a private credit bubble, there’s an AI bubble, there’s a stock market bubble. And I think it’s too easy to just fall into the trap and say, ‘Oh yeah, all those…
Fidelity’s Jurrien Timmer says corporate insiders are dumping stocks at a pace not seen in more than two decades. In a new post on X, Fidelity’s director of global macro says the Vickers Insider Sell/Buy Index shows that insiders, like company CEOs and other executives, are unloading their holdings at a rate far outpacing buys amid bubble talks and risks tied to the AI buildout. “What is catching my eye is that while sentiment is leaning bullish among retail investors and Wall Streeters, corporate insiders are selling at the highest level since 2000. The chart below shows the Vickers Insider…
Legendary investor Warren Buffett has gobbled up tens of billions of dollars in AI names, including Apple (AAPL) and Amazon (AMZN). Fresh 13F data from the U.S. Securities and Exchange Commission (SEC) shows that Apple remains the fund’s crown jewel, as Berkshire Hathaway controls 238,212,764 shares worth more than $60.65 billion as of Q3 2025. AAPL remains Berkshire’s top holding, accounting for 22.69% of the firm’s portfolio of over $267.334 billion. But Berkshire dumped nearly 42 million shares of AAPL worth $10.6 billion in Q3, representing a 15% reduction from its Q2 2025 holdings. Berkshire also owns Amazon, where the…
Billionaire Chamath Palihapitiya pushes back on a controversial claim that hyperscalers are using accounting techniques to inflate their profitability. Earlier this week, “Big Short” investor Michael Burry accused AI giants of committing modern-era fraud by extending the life cycle of AI chips and servers to understate depreciation and boost balance sheets. According to Burry, hyperscalers will understate depreciation by $176 billion by 2026-2028. But Palihapitiya says AI chips and servers have evolved over the past years, and it’s now justifiable for hyperscalers to extend their lifecycle. He also says Burry doesn’t have the technical knowledge to make a solid claim…
Bank of America pushes back against rising AI bubble warnings, noting that critics are overlooking the scale of the technology shift underway. In a new CNBC interview, Haim Israel, BofA’s head of global thematic research, says the current debate is anchored to near-term apps and quarterly results instead of the broader transformation now unfolding across industry, science and national priorities. Israel highlights that the attention on chatbots and productivity tools distorts the magnitude of what’s coming. “Are we in a bubble or not? I urge you to think that the story is so much bigger than the next quarterly numbers,…
A popular finance podcaster is pointing to a structural risk inside the AI boom that echoes the forces behind the 2008 financial crisis. In a new post on X, Bloomberg Markets executive editor Tracy Alloway shares her commentary on today’s AI capital expenditure (CapEx) race and Wall Street legend Jeff Saut’s pre-crisis research on the US housing market. Alloway says back then, Saut noted that housing had become so large and so central that it began driving economic stress rather than reacting to it. “But in September 2007, Saut noticed the causal direction was changing: the enormous size of the…
AI code editor Cursor has vaulted to a nearly $30 billion valuation after raising billions of dollars in one of the largest private financings of the year for an AI software firm. In a new blog post, the San Francisco AI unicorn says it raised $2.3 billion in fresh capital following a Series D funding round, pushing the firm to a $29.3 billion post-market valuation. Investors that participated in the latest funding round include Accel, Thrive, Andreessen Horowitz, and DST, as well as Coatue, Nvidia, and Google. Cursor joins a number of AI giants that boast valuations above $20 billion, including…
Generative AI is spreading across the US at a pace that outstrips the early adoption of two of the most transformative technologies in modern history. The latest release from the Federal Reserve Bank of St. Louis updates its Real-Time Population Survey, a quarterly tracking of how American adults use tools like ChatGPT in work and nonwork settings. The survey finds that Americans are adopting generative AI at a blistering pace, surpassing the adoption rates of PCs and the internet. “August 2025 is roughly three years after the release of ChatGPT, the first mass-market generative AI product. The current generative AI…