To keep growing, incoming Best Buy CEO says he first wants to go smaller
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO...
Technology
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024.Smith Collection/ gado | Archive Photos...
FIFA tests the limits of private equity in sports with World Cup subsidiary sale
The FIFA World Cup Trophy is displayed at MetLife Stadium ahead of the FIFA World Cup Final on July 15,...
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
Leopold AschenbrennerPhoto: Josh EdelsonTwo years ago, Leopold Aschenbrenner argued he was one of few people in the world who saw...
SK Hynix shares surge 25%, while Samsung soars over 20% as AI rally roars back
Omar Marques | Lightrocket | Getty ImagesSouth Korea's chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday,...
Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on...
Apple earnings live updates: iPhone, AI and Tim Cook’s final CEO call
Apple reports fiscal third-quarter results after the bell. Here's what analysts are expecting, according to LSEG.Revenue: $108.65 billionEarnings per share:...
How NBCUniversal's deal with YouTube could jump-start the next chapter of the streaming wars
A general view of the Peacock logo on a microphone during the Big East Women's Basketball Tournament Championship game between...
Meta tanks nearly 9%, Microsoft jumps 9% as the AI trade splits Big Tech
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersMicrosoft shares jumped in premarket trading while Meta...
Microsoft is set to report earnings after the bell, and all eyes are on its spending plans
Microsoft CEO Satya Nadella attends the 56th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Denis...
Meta reports second-quarter results after the close
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the...
Asian technology stocks extend sell-off with SoftBank down 9% as AI plays take a hit
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann...
NBCUniversal and YouTube ink deal to embed Peacock in the video platform for premium subscribers
NBCUniversal's Peacock is officially landing on YouTube. All of the streaming service's content — including NBC Sports' portfolio of the...
China memory chipmaker CXMT skyrockets 500% in blockbuster Shanghai debut
General view of CXMT office buildings is seen in Shanghai, China, on July 15, 2026, as CXMT raises billions for...
Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry push
A Samsung flag flies outside the company office in Seoul, South Korea on February 05, 2024. Chung Sung-jun | Getty...
SpaceX launches massive Starship rocket in first test flight since IPO
The SpaceX Starship and Super Heavy v3 Booster lift off on its 13th test flight from the SpaceX launch complex...
Nvidia, Microsoft, Meta warn against 'premature restrictions' of open-weight models
Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter Friday urging policymakers to avoid "premature restrictions"...
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Sundar Pichai, CEO of Alphabet, Satya Nadella, CEO of Microsoft, Andy Jassy, CEO of Amazon and Mark Zuckerberg, CEO of...
Intel rides AI boom to fastest revenue growth in almost 15 years, but shares sink
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing...
IBM's Krishna tries to reassure investors that AI won't disrupt company's software unit
IBM CEO Arvind Krishna looks on during a roundtable discussion hosted by President Donald Trump in the Roosevelt Room at...
