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Elon Musk wants to take SpaceX public -- and he's asking investors to believe the rocket and AI company is worth almost $1.75 trillion. Musk is asking investors to value the company at nearly 100 times that.
Apple hopes to enter other markets after securing a five-year U.S. streaming deal to show Formula One races on Apple TV. The Liberty Media-owned single seater is a popular live sports championship amongst fans, streaming services and traditional broadcasters. Bernstein, a research and brokerage firm, estimated that F1’s media rights would be a key revenue driver in 2026, reaching between $90 million and $110 million.
Epic Games said on Tuesday its popular shooter title "Fortnite" has returned to global App Stores, as the videogame maker signaled confidence in a favorable outcome from an ongoing lawsuit against Apple. "Once Apple is forced to show its costs, governments around the world will not allow Apple junk fees to stand," Epic said in a statement. Epic, a U.S.-based studio backed by China's Tencent, has been embroiled in a legal battle with Apple since 2020 and alleged that the company's practice of charging a commission of up to 30% on in-app payments violated U.S. antitrust rules.
Anthropic said on Monday it is revising its earlier position to allow users of its Mythos cybersecurity model to share information about cyber threats with others who may be exposed to similar vulnerabilities. Mythos, announced on April 7, is being deployed as part of Anthropic's "Project Glasswing," a controlled initiative under which select organizations, including major tech firms such as Amazon, Microsoft, Nvidia and Apple, are permitted to use the unreleased Claude Mythos Preview model for defensive cybersecurity purposes. Mythos' capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, according to experts.
Here are the S 500’s top gainers in market value this year and this quarter
Apple’s next major growth wave may come less from iPhones and more from its booming high-margin Services ecosystem, with Evercore ISI seeing a path to $13 in EPS.
President Trump’s trading activity surged in the first quarter, totaling more than 3,700 transactions, according to recent financial disclosures. The disclosures, published by the U.S. Office of Government Ethics late last week, include millions of dollars in transactions relating to companies such as Nvidia, Alphabet and Amazon.
US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from higher oil prices. Dow Jones futures were down around 262 points or 0.4%, while S&P 500...
NEW DELHI, May 18 (Reuters) - An Indian court has told Apple to "fully cooperate" with investigators in an antitrust case related to the iPhone apps market, not agreeing with the U.S. company's
The company’s popular, $599 Neo laptop is just one of dozens of Apple devices that use lower-performing processors.
A 58-year-old engineer in Palo Alto, married filing jointly, earns $750,000 a year, has already stuffed $4 million into 401(k)s and IRAs, and parks another $1.2 million in a brokerage account that holds a single S&P 500 fund. The 401(k) is maxed. The mega backdoor Roth is maxed. The next tax dollar saved has to ... The $40,000 Tax Move That Comes After Your 401(k) Hits Its Limit
Steve Jobs had a reputation for arrogance when he was forced out of Apple in 1985. His struggles at NeXT humbled him.
By Eduardo Baptista and Che Pan BEIJING, May 16 (Reuters) - The chairman of China's securities regulator and Beijing's party secretary held talks with Citigroup CEO Jane Fraser in China and discussed
Berkshire Hathaway more than tripled the size of its investment in Google's parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the CEO job after taking over from Warren Buffett at the start of the year. The conglomerate also dumped a number of other stocks, including Visa, Mastercard, Domino's Pizza, Amazon and United Healthcare after the departure late last year of Todd Combs, who was one of the two investment mangers Buffett hired to help manage the portfolio. Buffett was always reluctant to invest in tech companies because he said he didn't understand them well enough to predict the long-term winners.
Here's what investing conglomerate Berkshire Hathaway was buying and selling during the first quarter, the first period for Greg Abel at the helm since succeeding Warren Buffett as CEO. Delta Air Lines: Berkshire bought a sizable stake worth around $2.
Berkshire Hathaway took new positions in Delta Air Lines and Macy’s during its first quarter with Greg Abel as chief executive. The company also exited its positions in Amazon.com Domino’s Pizza, Mastercard Visa and UnitedHealth Group among others, during the March quarter. The exited holdings, all on the smaller side in Berkshire’s stock portfolio, might have been positions managed by former investment manager Todd Combs.
Cerebras is shaking up the design of semiconductors. It’s also taking a new approach to the touchy subject of post-IPO stock sales.
Markets don’t move in a straight line — and neither do the people running the country. Q1 2026 was a quarter defined by tariff headlines, rate uncertainty, and a broad S&P 500 pullback that rattled retail and institutional investors alike. Most people were paralyzed. Some panicked. And at least one person — or rather, one ... President Trump’s Stock Broker Was the Busiest Person in America in Q1
Global semiconductor stocks skidded after a summit between President Trump and Chinese leader Xi Jinping concluded without major chip deals or a breakthrough on Nvidia’s sales to the country.
Global semiconductor stocks skidded after a summit between President Trump and Chinese leader Xi Jinping concluded without major chip deals or a breakthrough on Nvidia’s sales to the country.
By Laurie Chen and Casey Hall BEIJING/SHANGHAI, May 15 (Reuters) - With red-carpet treatment, selfies and culinary diplomacy, America's richest and most powerful executives - from Tesla's Elon Musk to
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Tru
The strong reception comes after enthusiasm for AI companies and chip hardware helped the S&P 500 and the tech-laden Nasdaq composite rebound quickly from Iran war concerns and soar to new records. At the other end of the spectrum, Honda reported its first annual loss as a listed company—equivalent to $2.7 billion. 2. Security researchers say they have discovered a new way of circumventing Apple’s state-of-the-art security technology.
Apple's two-year-old partnership with OpenAI has become strained, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action, Bloomberg News reported on Thursday. Apple and OpenAI did not immediately respond to requests for comment. In 2024, Apple announced integration of its "Apple Intelligence" technology across its apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices.
(Bloomberg) -- Apple Inc.’s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action. Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Trump Says China Offered Help With Iran as Ship Seized Near UAEXi Tells US CEOs on Trump Visit That
Few stocks have whipsawed investors in 2026 the way Netflix (NASDAQ:NFLX) has. Shares plunged from $126.03 in July 2025 to a $77 trough in February 2026, then clawed back to $88.27 as of May 6. Our 24/7 Wall St. price target for Netflix is $338.63, implying 283.63% upside. The recommendation is buy at 90% confidence. ... Netflix Just Raised Guidance. The Market Sold It Off. We See 283% Upside
During tests in April, researchers found software issues in MacOS, one of the world’s toughest targets for hackers.
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