Month: February 2026
Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long […]
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Stocks rise, adding to Tuesday’s comeback as Nvidia and Oracle shares gain: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on February 25, 2026. Timothy A. Clary | Afp | Getty Images U.S. equities rose on Wednesday, supported by Nvidia and Oracle, as stocks look to build on the gains from the prior trading day. The […]
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Samsung launches S26 smartphone as sector braces for memory chip crunch
Samsung Electronics unveiled its latest series of flagship smartphones on Wednesday, with two of the models costing $100 more than their predecessors as the industry tries to recover from a global shortage of memory chips. Samsung is touting improved AI and a privacy display in its new models against a backdrop of industry-wide memory chip […]
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Bill Gates addresses Epstein files in candid town hall days after last-minute speaking cancellation
Bill Gates, chair of the Gates Foundation, speaks at the Bloomberg Philanthropies 2025 Global Business Forum in New York on Sept. 24, 2025. Michael Nagle | Bloomberg | Getty Images Bill Gates spoke about his association with Jeffrey Epstein in a town hall meeting with employees of the Gates Foundation, a spokesperson for the nonprofit […]
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Stocks making the biggest moves midday: Netflix, Coinbase, Diageo, Cava and more
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market […]
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Epstein files: Nobel winner Axel quits Columbia U. brain institute over friendship with predator
Dr. Richard Axel at Le Bernardin Prive in New York on July 26, 2017. Craig Barritt | Getty Images Dr. Richard Axel, a Nobel Prize-winning scientist, said he is stepping down as co-director of Columbia University’s Zuckerman Mind Brain Behavior Institute on the heels of his association with notorious sex predator Jeffrey Epstein drawing public […]
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Microsoft Japan raided over suspected violation of anti-monopoly law: Reuters
NEW YORK, NY – APRIL 29: A Microsoft corporate logo hangs on the side of their office building on Eighth Avenue on April 29, 2023, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Japan’s Fair Trade Commission raided Microsoft Japan’s offices on Wednesday as part of […]
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Epstein files: Larry Summers to resign as Harvard professor, reports say
Former Treasury Secretary and president emeritus and professor at Harvard University, Larry Summers attends the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Larry Summers, the former U.S. Treasury secretary who has been dogged by his past friendship with Jeffrey Epstein, will resign from […]
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Are collectibles a viable asset class? The buyer of the $16.5 million Pokémon card thinks so
Key Points Logan Paul auctioned and sold his Pokémon Illustrator card for a record $16.5 million to AJ Scaramucci. Scaramucci sees the card as an investment, as the trading card market has both grown and seen prices surge in recent years. While collectibles can be a way to diversify portfolios, some warn they shouldn’t be […]
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Normally staid bond investors have a new biggest worry: An AI bubble
Bloom Productions | Digitalvision | Getty Images Fears over artificial intelligence are now hitting bond investors, according to the latest credit investors survey from Bank of America Global Research. An AI bubble is seen as the top risk for the first time, with investors expecting a surge in bond issuance from hyperscalers, the February poll […]
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