Alphabet plans to raise $80 billion from stock sales to fund AI buildout
Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway.
Trump tells CNBC: 'I don't care' if Iran negotiations are over
President Trump spoke with CNBC's Eamon Javers about the latest with the Iran war in an interview Monday.
HPE skyrockets 30% on biggest earnings beat since 2018
HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.
Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update
Shares of French biotech Abivax tumbled 32% after it reported fresh data on its lead asset.
Blue Origin launchpad damaged in rocket explosion may not be restored until 2028, NASA's Isaacman says
NASA has tapped Jeff Bezos' Blue Origin for several contracts in the agency's Artemis return-to-the-moon program.
Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth
Coding tools are becoming an increasingly big target for Google and Microsoft as they try to catch up to Anthropic and OpenAI.
Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation
Amazon's four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low.
Blackstone closes its largest Asia private equity fund at over $13 billion
Blackstone raised $13.1 billion for its latest Asia private equity vehicle, marking the largest private equity fundraise the firm has done in the region.
Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices
U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump.
'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT
The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.
NBA star Stephen Curry partners with Chinese sportswear giant Li-Ning
Stephen Curry has entered into a partnership with Li-Ning, which would involve product development as well as sports culture initiatives.
The stock market just did something eerily similar to the dot-com bubble top in 2000
Surging stock performance in May was concentrated in the AI adjacent.
Treasury yields fall as investors pin hopes on Israel-Hezbollah ceasefire
U.S. Treasury yields fell on Tuesday, following global yields lower after Lebanon announced a ceasefire between Israel and Iran-backed Hezbollah.
Anthropic confidentially files IPO prospectus with SEC, prepping Wall Street for landmark AI deal
Anthropic said it confidentially filed its IPO prospectus with the SEC, setting up a potentially historic share sale for investors ready to jump into AI.
Trump administration plans to drop DOJ's $1.8B 'lawfare' fund, reports say
Senate Democratic Leader Chuck Schumer said he was launching an effort to kill "slush fund" by forcing Republicans to vote on it.
McDonald's unveils new global growth strategy to win over diners as competition rises
McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.
FedEx Freight CEO says the spinoff will help the company 'leapfrog' competitors
FedEx Freight CEO John Smith said the company's separation from FedEx will allow it to invest more aggressively in growth initiatives.
Stock market corrections will happen: Here's how we navigate the ups and downs
We concern ourselves far more with making sure we are investing in the right companies.
SpaceX sets aside up to 5% of shares in IPO for certain employees and friends
In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.
Florida AG sues OpenAI, seeks to hold CEO Altman personally liable for alleged harms
The complaint said the harms are the result of OpenAI's "insatiable quest to win the AI arms race and amass large fortunes."
Berkshire's bet on Taylor Morrison suggests the housing market may have bottomed
Analysts say the deal between Berkshire Hathaway and Taylor Morrison signals that the housing market may have bottomed.
Retail had a 'surprisingly robust' first quarter, but the real test is ahead as tax refunds dry up
The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.
Barry Diller's People offers to buy casino giant MGM Resorts for $48.30 per share
Barry Diller's People Inc. extended an offer for MGM Resorts at $48.30 per share.
Rubio odds for GOP 2028 nominee close to overtaking Vance on Kalshi
Vice President Vance has seen his odds slip since the start of the year, as the secretary of State's chances have been buoyed by international conflicts.