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SpaceX on Monday acquired xAI, the artificial intelligence startup that also owns the X social media platform, in a deal combining two companies owned...
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Financial News
Best Buy (BBY) has spent years trying to shake off a sales slump, and its next leader thinks part of the answer is smaller...
Financial News
Roblox (RBLX) looks like it’s tearing down the engine that made its platform so profitable.The gaming company altered its recommendation algorithm to favor experiences...
Economy
The market has decided the artificial-intelligence infrastructure trade is exhausted — Vertiv (NYSE: VRT) has fallen roughly 36% from its May peak of $376.23...
Economy
The lazy read on Klarna (NYSE: KLAR) is that it is a fading buy-now-pay-later brand that went public into a hostile tape and has...
Financial News
Financial News
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Financial News
Verizon recently scored some wins in improving customer retention within its business; however, it is seeing an unexpected slowdown in demand for a service...
Financial News
Meta Platforms reported its second-quarter earnings with one issue dominating investor attention: the soaring cost of its artificial-intelligence expansion.Meta is not alone. Amazon raised...
Financial News
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. ‘The reductions...
Financial News
President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, claiming that the bank improperly closed...
Financial News
ROME — Italian fashion designer Valentino Garavani has died, his foundation said Monday. Usually known only by his first name, Valentino was 93, and...