Category: Business

Elon Musk is hoping to move at “light speed” but CC Wei thinks it will take a bit longer.

The stock is still down more than 20% from the start of the year through yesterday’s close, taking a massive hit after its botched rollout of a copycat Wegovy pill.

Management now expects sales growth of above 30% in 2026.

Ritholtz’s Josh Brown says so-called HALO stocks are “the trade of the year,” as Wall Street keeps bidding up stocks that it thinks AI won’t disrupt.

The S&P 500 and Nasdaq 100 both notched new record closes as President Trump said the Iran war was “very close to over” and strong earnings from Morgan Stanley and Bank of America bolstered investor sentiment….

Alphabet is estimated to have a 5% stake in SpaceX, according to financial filings. SpaceX’s IPO is expected to take place later this year, with an estimated $2 trillion valuation.

This is the third piece of Project Stargate that OpenAI is retreating from since a flurry of announcements last year.

Ether.fi’s migration added $220 million to OP Mainnet’s total value locked, the largest single TVL event in the network’s history.

Oracle, Applovin, and ServiceNow have been big gainers so far this week.

Public backlash continues to grow around data centers, and Maine’s temporary ban on large data centers could be followed by other states.

DoorDash and Uber could be beneficiaries of shrinking autonomous delivery costs.

The ride-hailing company is building an 80,000-square-foot Nashville warehouse where humans will help robotaxis with everything but driving.