Morgan Stanley Global Director of Research Katy Huberty discusses the selloff of software and services stocks, some of which hit companies with strong underlying fundamentals. Huberty...
Bloomberg’s Ed Ludlow discusses Warner Bros. Discovery’s decision to reopen negotiations with Paramount Skydance following its sweetened offer. Plus, renewed anxiety over the outlook for AI...
Mesh Optical Technologies, a startup building hardware to move information at high speeds within data centers, raised a $50 million funding round led by Josh Kushner’s...
A new report from Barclays projects that in the next decade physical AI could grow to be a trillion-dollar market, with autonomous vehicles leading the way....
Ford is advancing its electric vehicle strategy with a newly engineered EV platform designed to start at $30,000, significantly below the average new car price in...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss earnings from Rivian, Coinbase, Instacart, and Airbnb. Plus, the US Defense Department added Alibaba, Baidu and others to a...
Anthropic has completed a deal to raise $30 billion in new funding at a $380 billion valuation. Bloomberg’s Shirin Ghaffary discusses what’s driving this round. She...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss memory chip prices taking a toll on Cisco’s stock even as AI demand surges. Plus, Apple’s revamp of its...
AI startup Simile has raised $100 million to help companies predict human behavior, including by guessing items customers might purchase and questions that might get asked...
Shares of wealth management stocks tumbled after AI startup Altruist released a tax planning tool, Hazel. Altruist CEO Jason Wenk explains what makes his company’s tools...