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Wall Street just had its best investment banking quarter in years, and it is calling AI a super cycle
Goldman booked a record $3.4bn in investment banking fees, up 55%. Its CEO calls it an AI capex super cycle. JPMorgan’s CFO is passing on data centre deals.
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irishtimes.com
Major US banks report sharp rise in profits
Uptick based on boom in equities trading businesses
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channelnewsasia.com
Wall Street banks see AI 'super cycle' set to boost deals, financing
NEW YORK, July 15 : A rush by technology companies to fund AI infrastructure is boosting dealmaking and financing activity for Wall Street, bankers said on Tuesday, generating…
