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The market expects Space X, OpenAI and Anthropic to go public this year — but is it willing to pay?
Highly anticipated public listings of SpaceX, OpenAI and Anthropic are expected this year, but questions remain over whether investors are willing to pay such hefty price tags in line with their valuations. Elon Musk’s SpaceX notched an $800 billion valuation in a secondary share sale in December, according to a letter to shareholders sent by […]
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Stock futures are little changed after Dow rises to record on U.S.’ capture of Venezuela leader: Live updates
ExxonMobil Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Jan. 5, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures were near flat Monday night. The action came after the three major averages rallied on the U.S.’ capture of Venezuelan leader Nicolas Maduro and […]
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E-commerce startup Stord buys AI fulfillment platform Shipwire
Yuichiro Chino | Moment | Getty Images E-commerce logistics startup Stord has bought CEVA Logistics subsidiary Shipwire, the company said Monday. The deal, which closed Jan. 1 for a undisclosed amount, adds 12 new locations to Stord’s growing logistics network and about 60 new employees. Shipwire is an AI fulfillment platform used by e-commerce firms. […]
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Amazon lets some users chat with Alexa+ on the web in bid to take on ChatGPT
Alexa+ signage during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Monday launched an Alexa+ website that lets some users chat with its assistant via their browser, putting it in more direct competition with OpenAI’s ChatGPT. The Alexa.com website is only available […]
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Chip stocks rally to start 2026 after third-straight winning year
Chipmaking stocks rallied to kick off 2026 as investors piled into the winning artificial intelligence-fueled sector following another big year of gains. Dutch chip equipment maker ASML surged 9%, while Micron Technology jumped 8% to start the new trading year. Lam Research and Intel rallied about 7% each, while Marvell Technology rose 5%. Advanced Micro […]
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Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape
The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every […]
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Google wraps up best year on Wall Street since 2009, beating megacap peers as AI story strengthens
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the […]
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Stock futures are little changed, as Wall Street readies to close out 2025: Live updates
A trader works at the New York Stock Exchange on Dec. 29, 2025. NYSE Stock Chart IconStock chart icon S&P 500, YTD performance Those declines are somewhat worrisome given that the final five trading days of the year, and the first two of the next, are a seasonally rewarding stretch — often referred to as […]
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Indian quick commerce startup Zepto files for $1.2 billion IPO amid warnings of bubble in the sector
Zepto isn’t the only quick commerce startup in India, and competition is heating up both domestically and globally. The country’s online grocery market is set to be worth around $24 billion dollars by 2025, according to Redseer. Zepto Indian quick-commerce startup Zepto has confidentially filed for an initial public offering, according to a public notice […]
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Payment giants are preparing for a world where AI agents book flights and shop for you
Major payment and tech companies are racing to build the infrastructure for what they see as the next evolution of global commerce: artificial intelligence agents that can perform searches, compare prices, and make purchases on behalf of consumers. The trend is referred to as “agentic commerce,” and reflects consumers’ growing reliance on chatbots for everyday […]
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