Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Wall Street Charged to Record Highs on Tuesday
U.S. stocks surged Tuesday, with the S&P 500 and Dow Jones Industrial Average closing at fresh record highs.
SpaceX Beats Expectations, But Investors Hit the Brakes
SpaceX topped Wall Street expectations in its first earnings report as a public company, posting $7.8 billion in quarterly revenue.
Betting Big: Polymarket Chases $20 Billion Valuation
Prediction market platform Polymarket is reportedly in talks to raise fresh funding at a valuation exceeding $20 billion.
Amazon Joins the $3 Trillion Club
Amazon has crossed the $3 trillion market value milestone for the first time as investors continue cheering its blockbuster earnings report.
Max Cleared for Takeoff After Years of Turbulence
After years of delays and intense regulatory scrutiny, the FAA has officially certified Boeing’s smallest 737 MAX jet, the MAX 7.
What Amazon, Apple, Microsoft, Meta, and Alphabet Just Told Investors
Angelo Zino, Senior Vice President and Technology Equity Research Analyst at CFRA, breaks down Big Tech earnings, AI spending, and what's next for the Mag 7.
How Phantom Space Plans to Disrupt the Commercial Space Race
Jim Cantrell, Co-Founder and CEO of Phantom Space, explains how the company is working to make rocket launches faster, cheaper, and more scalable.
Meta and Microsoft Just Sent a Big AI Message to Investors
Big Tech is pouring billions into AI. Ray Wang, CEO of Constellation Research, explains what Meta and Microsoft's earnings reveal about those investments.
Anthropic Flags Unexpected A.I. Security Incident
Anthropic revealed that some of its Claude AI models gained unauthorized access to external systems during internal testing.
Amazon’s $600M Tariff Win Comes with Customer Payback
Amazon has secured roughly $600 million in tariff refunds tied to Trump-era import duties, and some of that money is heading back to shoppers.
Apple Bets on a Mix-and-Match A.I. Future
Apple CEO Tim Cook says the company’s biggest AI advantage isn’t building everything itself, it’s combining on-device intelligence with outside AI models.
Apple Posts Strong Quarter as A.I. Questions Remain
Apple topped Wall Street expectations with its strongest June quarter ever, fueled by robust iPhone demand and double-digit revenue growth.
Big Business This Week: AI Chatbots Know More About You Than You Think
It’s becoming increasingly apparent that AI models from ChatGPT to the bot on the plumbing supply store’s website know an awful lot about you.
Starbucks Brews a Tasty Earnings Beat
Starbucks posted stronger-than-expected results as more customers returned to stores, spent more per visit, and responded to menu changes and improvements.
eBay to Pay Millions Over Harassment Campaign
eBay has agreed to pay $59 million to settle allegations tied to a disturbing harassment campaign that targeted a Massachusetts couple behind a newsletter.
Microsoft’s Big A.I. Bet Pays Off
Microsoft topped Wall Street expectations as Azure generated more than $100 billion in annual revenue for the first time.
Zuckerberg Continues A.I. Balancing Act
Mark Zuckerberg says Meta is facing a new challenge, deciding how much of its massive AI computing power should stay focused on its own products.
