Day: February 9, 2026
Tesla exec Raj Jegannathan leaves automaker after 13 years
Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran of the automaker, announced his departure from the company on Monday in a LinkedIn post. Jegannathan’s most recent title was vice president of IT, AI-infrastructure, […]
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Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more
Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]
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Alphabet calls out new AI-related risks, as it taps debt market to fund buildout
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images As Alphabet returns to the debt market to fund its artificial intelligence buildout, the company is acknowledging new risks tied to the rise of AI […]
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Tulsi Gabbard to testify at Senate Intelligence Committee amid election probe concerns
Director of National Intelligence (DNI) Tulsi Gabbard attends a House Intelligence Committee hearing about worldwide threats, on Capitol Hill in Washington, D.C., U.S., March 26, 2025. REUTERS/Leah Millis Leah Millis | Reuters Director of National Intelligence Tulsi Gabbard will testify publicly at the Senate Intelligence Committee on March 18, MS Now reported Monday, citing a […]
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Morgan Stanley says buy 2 beaten-down software stocks. We agree on one of them
The selloff in enterprise software stocks that crushed the market for most of last week was abating for the second straight session on Monday for some of the more established names. Is it time to buy? Morgan Stanley thinks so — advising clients in a Sunday note of “attractive entry points” in Microsoft and Salesforce […]
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Target steps up investment in store staffing, cuts about 500 other roles to help fix customer experience
Target said Monday that it’s stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines. In an internal employee memo obtained by CNBC, the big-box retailer said it’s making changes to […]
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Under the hood of the AI economy with Databricks CEO Ali Ghodsi
Databricks just raised $7 billion in equity and debt at a $134 billion valuation. If your eyes glazed over, I don’t blame you. This is the company’s umpteenth mega-round, and at some point, another private company raising another pile of money stops being news. But here’s why this one matters. As Databricks inches closer to […]
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Morgan Stanley says these two stocks will more than double as they pivot from bitcoin to data centers
Bitcoin may be in the dumps, but two stocks linked to the flagship cryptocurrency could soon see their shares more than double, according to Morgan Stanley. In a Sunday note to clients, the investment firm initiated coverage of bitcoin miners Cipher Mining and TeraWulf , giving the stocks “overweight” ratings. Its analysts put a $38 […]
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Housing Affordability Package Set to Advance in Congress Amid Home-Cost Concerns
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images House lawmakers are set to pass a package of bills aimed at increasing housing affordability by giving builders and local governments incentives to boost construction by reducing regulations around home construction. […]
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FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims
Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images The Food and Drug Administration said Novo Nordisk‘s TV advertisement for its newly launched Wegovy pill for obesity included “false […]
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