UBS reports that power grid and infrastructure constraints have become the primary bottlenecks for AI growth, prompting the bank to favor colocation stocks with robust energy pipelines.
The Swiss National Bank supports a new parliamentary mandate requiring UBS to hold 90% capital backing for its foreign subsidiaries, a move expected to cost the bank up to $18 billion.
The Swiss parliament has moved to require UBS to hold 90% CET1 capital for foreign units, a decision estimated to force the bank to raise $17 billion in additional capital.
UBS analyst John Hodulik initiated coverage of Applied Digital with a Buy rating and a $38 price target, citing the company's growth in AI infrastructure.
UBS Asset Management portfolio manager Kevin Zhao plans to sell the yen if Japanese authorities intervene, citing structural weakness despite the recent rate hike.
UBS CEO Sergio Ermotti warned that the bank may reconsider its future in Switzerland if parliament approves strict new capital requirements in an upcoming vote.
Swiss lawmakers are debating a motion to allow the government to set capital requirements for UBS by decree, potentially bypassing parliamentary oversight.
UBS has raised its price target for Palantir Technologies to $250, citing strong Q2 2026 results and increased revenue guidance.
UBS has repurchased $7.93 billion in legacy Credit Suisse debt, bringing the total retired obligations from the 2023 acquisition to approximately $15.6 billion.
UBS Global Wealth Management now expects the Federal Reserve to implement two interest rate hikes by the end of 2026, reversing its previous forecast of steady rates.
UBS has identified three key investment areas as the probability of a Federal Reserve rate hike in September climbs to 60.4%.
