
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


The AI Boom's Next Reckoning: Wall Street Wants Profits, Not Promises
After two years of AI-fueled spending, Wall Street is asking what's next. Gil Luria breaks down monetization, valuations, winners, losers, and AI's future.

Apple’s Price Hike Backfires on Wall Street
Apple shares tumbled about 6% on Thursday after the company unveiled steep price increases for MacBooks and iPads, blaming soaring chip costs fueled by AI.

OpenAI Turns Up the Heat With “Jalapeño”
OpenAI unveiled its first custom-built AI chip, called Jalapeño, developed in partnership with Broadcom as the company seeks greater control over the technology

Big Business This Week: Making Sense of Market Volatility In A Turbulent Week
What the heck, Wall Street? Was there a tech sell-off this week? Perhaps?! Who knows?!

Elon Musk Falls Below the Trillion Dollar Mark
Elon Musk has lost his brief status as the world’s first trillionaire after a sharp decline in SpaceX shares erased hundreds of billions of dollars.

Meta Takes Aim at the Masses with Cheaper A.I. Glasses
Meta unveiled a new line of AI-powered smart glasses starting at $299, a dramatic reduction from some of its previous premium wearable devices.

Wendy’s Becomes Wall Street’s Latest Meme Stock
Shares of Wendy’s surged more than 30% at one point Wednesday as retail investors piled into the fast-food chain.

Meet the AI Designed for Mental Health, Not Just Conversation
Talkspace CEO Dr. Jon Cohen joins us to explain TEE, the rise of AI for emotional support, and the future of digital mental health care.

Oil Traders on Edge: Is This Ceasefire Real or Just a Pause Before the Next Shock?
James Bikales, Energy Reporter at POLITICO, breaks down the Middle East agreement, oil market risks, the Strait of Hormuz, and what's next.

The Weight Loss Gold Rush Reaches UPS
The explosive demand for GLP-1 weight-loss drugs is creating winners far beyond the pharmaceutical industry, and UPS wants a bigger piece of the action.

Understanding the A.I. Boom’s New Pressure Point
Artificial intelligence may be transforming the tech industry, but investors are increasingly focused on an unlikely factor… the bond market.

The Next Thing Arriving at Your Door by Robot? Your Freshly Cleaned Laundry
Serve Robotics is expanding beyond food delivery through a new NoScrubs partnership, bringing autonomous delivery to laundry and beyond.
Big Business This Week: The World Cup Is a Money Machine. But for Whom?
FIFA’s soccer World Cup promises to deliver $11.1 billion in spending and $30.5 billion economic impact for the U.S., but how much is it really helping?

The Streaming Wars Just Got a Major Shake-Up
Kerry Flynn, Media Reporter at Axios, breaks down Fox's $22 billion acquisition of Roku and what it means for streaming, advertising, and viewers.

Allbirds Officially Changes its Name
The company formerly known as Allbirds has officially rebranded as Smartbird as it continues its dramatic pivot away from footwear and toward A.I..

SpaceX Makes Massive $60 Billion Bet on A.I.
SpaceX has agreed to acquire Anysphere, the company behind the AI coding platform Cursor, in a deal valued at roughly $60 billion.

Kevin Warsh's First Fed Meeting Just Sent a Message to Wall Street
Bill Adams, Chief U.S. Economist at Fifth Third Bank, breaks down the Fed's latest decision, inflation risks, and what Kevin Warsh's debut means for markets.
