SpaceX Slapped With Bearish Valuation Of $780 Billion, Half Of Its $1.8 Trillion IPO Target
Morningstar sets SpaceX's fair value at $780 billion, far below its $1.8 trillion IPO target, sharpening investor focus on growth, risks, and upcoming offering.
Bumble Reveals New Paid Group-Dating Feature ‘Plans’ In Effort To Combat ‘Swipe Fatigue’
Bumble launches "Plans," a paid group-dating feature offering curated in-person meetups to fight swipe fatigue and boost more intentional, real-world connections among users.
Florida AG Sues OpenAI And CEO Sam Altman For Safety Lapses With ChatGPT, Points To Two Deadly Shootings
Florida sues OpenAI and CEO Sam Altman, alleging concealed ChatGPT safety risks tied to two deadly shootings and unsafe use by children, seeking penalties and strict safeguards.
McDonald’s Reveals Global Growth Plan That Includes New Restaurant Design, Better-Tasting Food And Drinks
McDonald's unveils a global growth plan featuring new restaurant designs, better-tasting food and drinks, plus expanded digital tools and thousands of new locations worldwide.
Editor's Pick
Gap Cuts Sales Outlook After Old Navy Miss, Raises Profit Forecast On Tariff Relief And Tax Benefits
Gap cuts 2026 sales outlook after Old Navy miss but lifts profit forecast, citing tariff relief, tax benefits, and interest income despite mixed brand performance.
Temu Hit With $232M Fine Over Selling Toxic Toys And Unsafe Electronics
Temu fined $232M by EU for allowing toxic toys and unsafe electronics, after a probe under the Digital Services Act found widespread illegal, high-risk products on its platform.
Disney Could Phase Out Hulu App, Bring Content And Features To Disney+: Report
Disney is reportedly preparing to phase out the standalone Hulu app, moving its shows, movies, and features into a unified Disney+ streaming experience starting in 2026.
Investors
Most Read
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: ‘Designed To Cause a Humanitarian Collapse’
US Seizes Record $15 Billion in Bitcoin From Global ‘Pig Butchering’ Scheme Linked to Chen Zhi
EU Faces ‘Transitional Period’ After Trump’s New Import Surcharge Shakes Trade Deal
A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
University of Arizona Students Boo Former Google CEO Eric Schmidt After Discussing AI in Commencement Speech
Former Google CEO Eric Schmidt is booed by University of Arizona graduates after praising AI in his 2026 commencement speech, amid student protests over his record.
LinkedIn Announces New Layoffs, Says Cuts Are Not Attributed To AI Replacing Jobs
LinkedIn is cutting 5% of its workforce, affecting approximately 900 employees, citing organizational restructuring rather than AI automation as the reason for the layoffs.
Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding Engineers in Talent War
Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.
