Author: Henry Kanapi

Bank of America believes that AI agents will trigger the resurgence of a mega-cap tech name just as it enters bear territory. In a new CNBC interview, BofA managing director Tal Liani has reissued a buy rating on Microsoft (MSFT), believing that it is significantly undervalued at current levels. Liani says he is targeting $500 for MSFT, believing that the stickiness of its products and the rise of AI agents will be the next big catalysts for the company’s growth. “The AI market used to be about training. Microsoft is shifting it more to about inferencing, the ability to offer…

Wells Fargo’s top market strategist says it is keeping a close watch on one equity play that’s offering a solid opportunity following the market correction over the last few months. In a new CNBC interview, Wells Fargo chief equity strategist Ohsung Kwon says it is now bullish on mega-cap tech names, despite concerns that the hyperscalers are draining their cash flow in favor of AI CapEx. According to Kwon, analysts at Wells Fargo have crunched the numbers and believe that hyperscaler cash flow will come in better than expected as Wall Street underestimates the revenue-generation potential of AI. “So we…

The chief executive of banking giant Goldman Sachs is warning that markets face multiple risks that could potentially worsen throughout the year. In the bank’s latest Annual Report, David Solomon says that while he’s seeing “very powerful catalysts” that could benefit stock investors, he warns that the world is in the midst of a rapidly evolving environment where risks could become a lot more pronounced. He specifically mentions the stress building in the $1.8 trillion private credit market, along with concerns about the $655 billion hyperscaler AI spend. “In recent weeks, for example, concerns about private credit, including underwriting quality…

Steve Wozniak, who co-founded Apple with Steve Jobs and Ronald Wayne, says today’s tech companies are shifting power away from consumers, warning people that they no longer own the tools they rely on. In a new Fox Business interview, Wozniak says that before the internet, people owned the tools and hardware that they bought. “For the first two decades of personal computers, you bought a product, you owned it, you set it up your way, and it always ran that way, and it solved your problems, and let you make presentations of financial data to your managers. It was yours.”…

Perplexity CEO Aravind Srinivas says the startup is rolling out a new AI system that prioritizes users’ data security and trust. In a new episode of the All-In Podcast, Srinivas says the Perplexity Personal Computer builds on the firm’s goal of developing the most accurate AI. According to Srinivas, Perplexity Personal Computer will keep user data out of the hands of AI model providers, such as Anthropic and OpenAI, by running agents on a local Mac Mini server. “That’s essentially going to take all the trust and reliability and the server-side execution of Perplexity Computer, but synchronize it with your…

OpenAI is offering private equity firms a guaranteed minimum return, outpacing rival Anthropic, as it pushes deeper into enterprise artificial intelligence. People familiar with the matter say the ChatGPT creator is pitching private equity firms on an opportunity to invest in a joint venture that offers a 17.5% guaranteed minimum return, preferred equity, priority payout, downside protection and early access to OpenAI’s latest models, Reuters reports. Sources say the 17.5% return is above-market rates, and Anthropic’s private equity pitch came with no such returns. A joint venture typically involves the creation of a new entity, and in this case, OpenAI…

Anthropic is rolling out a new version of Claude that moves AI from answering questions to getting work done independently. The firm says Claude Cowork allows users to hand off a task and let AI complete the work on its own. Anthropic says users can describe the outcome and cadence, and Claude Cowork will take action and keep them informed. According to the AI startup, users can provide instructions via desktops or phones. “Tell Claude what you want from your desktop or phone. Claude picks the fastest path: a connector for Slack, Chrome for web research, or your screen to…

Investor Mark Cuban says not all AI agents will take over the world, believing that some will be blocked by other agents to protect user privacy. In a new post on X, the billionaire says people and companies will use AI agents in marketing in an effort to generate leads and acquire more clients. But Cuban notes that the onslaught of communications outside a company will force Google or the companies themselves to use AI agents or other features to block unwanted emails or messages. “I had Claude write an agent that shows me all the email newsletters I get…

The chief executive of the world’s most valuable company believes that its revenue could soar to trillions of dollars over time. In a new interview with Lex Fridman, Jensen Huang says Nvidia is facilitating a massive shift across the globe. Huang says computers, which were used to store and create files, are now being transformed into AI computers that can generate files themselves. “Computing went from being a file-retrieval system – almost everything is a file. We pre-write something, we pre-record something, we draw something, we put it on the web and we put it in a file.  And we…

BlackRock CEO Larry Fink says AI has the potential to spark a massive wealth creation cycle that everyday Americans should take advantage of. In his 2026 annual letter to investors, Fink says history shows that capitalism has rewarded asset holders more than wage earners. He also says AI could amplify the trend by an order of magnitude, leaving those on the sidelines behind. “Meanwhile, the vast majority of wealth has flowed to people who owned assets, not to people who earned most of their money by working. Since 1989, a dollar in the US stock market has grown more than…