Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber issued a forecast for bookings and earnings that trailed analysts' estimates, while second-quarter profit was in line with expectations. Shares...
Venture capital
Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
Nikolas Kokovlis | Nurphoto | Getty ImagesVisa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion...
SpaceX's post-IPO plunge sets tense backdrop for first earnings report
Since its first trade on June 12, SpaceX has lost over $500 billion in market cap, a stunning blow to...
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...
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...
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...
Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
SpaceX founder Elon Musk addresses members of the media during a press conference announcing new developments of the Crew Dragon...
Tesla misses on earnings, as free cash flow turns negative and margins slide
Tesla reported weaker-than-expected earnings for the second quarter even as revenue topped estimates. The stock slid about 4% in extended...
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
A SpaceX Flacon 9 rocket lifts off from Space Launch Complex 40 on June 8, 2026, in Cape Canaveral Space...
Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Sebastian Siemiatkowski, CEO and co-founder of Swedish fintech Klarna, gives an interview with CNBC during the company’s initial public offering...
Waymo recalls about 3,900 robotaxis after some drove into 'freeway construction zones'
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026.David Paul Morris | Bloomberg |...
Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents
Morgan Stanley's office in Canary Wharf financial district on Jan. 30, 2025 in London, UK.Mike Kemp | In Pictures |...
'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT
Matthias Balk | Picture Alliance | Getty ImagesFive years ago, venture capitalists were pouring money into American startups selling everything...
SpaceX launches Starship test flight on second try
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026.Ethan Swope | Bloomberg |...
Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Immad Akhund, CEO and co-founder of the startup Mercury.Courtesy: Mercury TechnologiesMercury, a fintech firm that provides banking services to startups,...
Musk slams Altman trial verdict as a 'technicality,' vows to appeal
After less than two hours of deliberations, a jury on Monday rejected Elon Musk's claims against OpenAI CEO Sam Altman,...
Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year
Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in...
PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle
Enrique Lores, then-CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.Gerry...
This bank CEO let his AI clone handle an earnings call — now he's signing an OpenAI deal
Sam Sidhu, CEO of Customers Bank.Courtesy: Customers BankNearly half an hour into a conference call on Friday to discuss first-quarter...
Tesla reports 358,000 first-quarter vehicle deliveries, down 14% from last quarter
Tesla posted its vehicle deliveries and production report for the first quarter of 2026, showing a drop from the prior...
