Business
SoftBank reportedly weighs $100 billion valuation for new AI and robotics spinout in potential U.S. IPO
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company in the U.S. as […]
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Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates, as demand for artificial intelligence […]
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Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI
Dario Amodei, co-founder and chief executive officer of Anthropic, during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Samyukta Lakshmi | Bloomberg | Getty Images Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022. It appears to have finally caught up. The artificial intelligence startup, founded five […]
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SoFi CEO defends decision to hold guidance steady
Mad Money SoFi CEO defends decision to hold guidance steady Published Wed, Apr 29 20266:48 PM EDT Alexa LoMonaco@in/alexa-lomonaco/ WATCH LIVE Source
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Jim Cramer reveals the secret to finding a winning tech stock in this market
CNBC’s Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. “When it comes to tech companies, it’s not enough just to beat and raise anymore,” said the “Mad Money” host. “You need a shortage, or else your stock’s not gonna get much […]
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Saudi Arabia’s PIF to end funding of LIV Golf league after this season
A general scene of LIV Golf signage during Day Three at LIV Michigan at The Cardinal at Saint John’s on Aug. 24, 2025 in Plymouth, Michigan. Michael Miller | ISI Photos | Getty Images Saudi Arabia’s Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with […]
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Carvana stock pops as used car retailer reports record first-quarter results
In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Justin Sullivan | Getty Images Shares of Carvana jumped by as much as 10% in extended trading after the company reported record results during the first quarter that topped Wall […]
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Amazon’s cloud unit reports 28% sales growth, topping estimates
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely […]
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Microsoft beats on top and bottom lines with 40% Azure growth
Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft shares slipped 3% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Here’s how the company did in comparison with LSEG […]
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Chipotle Mexican Grill is about to report earnings. Here’s what to expect
A Chipotle logo is displayed on a sign outside a restaurant on Jan. 9, 2026 in San Diego, CA. Kevin Carter | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are projecting that the company will report: Earnings […]
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