Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.

TipRanks Welcomes a New ETF - NYSE:RANK

TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

COMPUTING POWER DEAL: Meta (META) is in early discussions to lease computing power from its AI data centers to Anthropic in an agreement that could be worth as much as $10B over two years, the New York Times' Eli Tan and Mike Isaac report, citing three people with knowledge of the talks. Anthropic, which proposed the deal in June, would pay Meta in monthly increments over the two-year term and the companies would be allowed to opt out of any agreement early, the report said.

BUY APPLE: HSBC upgraded Apple (AAPL) to Buy from Hold with a price target of $366, up from $260. The firm believes Apple is now at an "operational turning point." Apple can stay away from the high capex debate as it only invests only 2.5% of its 2026 sales versus 39% for hyperscalers, and it also well positioned to leverage its 2.5B installed device base with its forthcoming revamped Apple Intelligence. The "AI boost comes at the right moment, when we think Apple has one of its most innovative product pipelines in place," the analyst tells investors in a research note. HSBC views Apple's hardware pipeline as strong, which includes the Phone 18 Pro and Pro Max this fall, an iPhone Air in April 2027, and "most importantly" a book-style foldable phone.

AI FOR FINANCIAL SERVICES: FIS (FIS) said, "FIS is using Mythos 5 through Project Glasswing, Anthropic's controlled-access initiative that applies frontier AI to help strengthen the security of software supporting critical infrastructure, to secure its own systems. FIS operates systems that clear payments, move money and run core banking for thousands of institutions worldwide. Protecting that code is critical to the stability of global financial infrastructure. At that scale, FIS applies the same standard to its own infrastructure security that it expects from the technology it delivers to clients. Through Project Glasswing, FIS is putting Mythos 5, Anthropic's most advanced frontier model, to work as an additional layer within its security program. Project Glasswing brings together organizations that build or maintain foundational software. Participants use Anthropic's most advanced AI models for defensive security work. This reinforces FIS' commitment to proactive security and being a supportive partner to the broader security community and financial services sector. Project Glasswing brings together organizations that build or maintain foundational software. Participants use Anthropic's most advanced AI models for defensive security work. In addition to FIS' participation in Project Glasswing, its overall security posture is shaped by active engagement with FS-ISAC and the Financial Services Sector Coordinating Council, ongoing regulatory collaboration and industry intelligence-sharing. The initiative is separate from FIS' commercial deployment of Anthropic AI agents but reflects the same disciplined approach to applying advanced AI in financial systems where security, reliability and trust are essential."

GROK 4.3: xAI's (SPCX) Grok 4.3 is now generally available on Amazon Bedrock (AMZN), giving teams that build agents and AI workflows a model that reasons over long inputs. "With this launch, xAI joins Amazon Bedrock as a model provider. Grok 4.3 is a model with configurable reasoning effort. It offers tool use and instruction following for building agents, and token efficiency for high-volume inference. It accepts text and image input, and has a 1M token context window for long documents and multi-turn sessions. The model runs on Mantle, the inference engine in Amazon Bedrock," AWS stated.

AI Daily: Meta said in talks to lease computing power to Anthropic