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Goldman Sachs is optimistic about the cloud computing and data center sectors as well as AI full-stack beneficiaries. It is expected that the capital expenditure of China's leading cloud service providers will further rise to RMB 500 billion by 2026, an increase of 20% compared to the estimated over RMB 400 billion in 2025. Among them, the proportion of domestic chips and computing power is expected to significantly increase from 20-30% in 2025 to 40% in 2026
Morgan Stanley's latest report believes that the humanoid robot market will continue to be hot in 2026, but it is necessary to be wary of the huge gap between hype and practical scalability. The industry faces risks of technological development difficulties and a reshuffling of startups, and the gap between China and the U.S. is accelerating — China is consolidating its lead based on its manufacturing advantages, while U.S. policy support is unlikely to reverse the trend in the short term
Citigroup Global Markets Australia Pty Limited and related Citi entities have notified Inghams Group Ltd that they are no longer substantial shareholders as of 19 December 2025. Citibank N.A. Sydney Branch increased its interest in Inghams shares, while Citigroup Global Markets Australia Pty Limited and Citigroup Global Markets Limited reduced their interests, leading to the group's overall holding falling below the substantial shareholder threshold.
The article discusses polarized predictions from major institutions like a16z, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and BlackRock on AI investments. Morgan Stanley projects AI infrastructure spending to reach $3 trillion, while JPMorgan Chase sees short-term benefits limited to profitability optimization. BlackRock and Morgan Stanley focus on US tech giants benefiting from AI, whereas JPMorgan Chase and Goldman Sachs predict global spillover effects, favoring emerging markets. The debate centers on whether AI investments will remain concentrated in the US or spread globally.
Citigroup plans to expand its investment banking team in Japan by 30% by the first half of 2026 to capitalize on a boom in mergers and acquisitions. Japanese companies are increasingly open to deals due to corporate governance reforms. Citigroup's Japan investment banking business is expected to post its highest annual revenue since 2009. Other global firms like Goldman Sachs, Jefferies, and UBS are also strengthening their operations in Japan. The Bank of Japan's recent interest rate hike is not expected to slow deal activity.
