Life Time Posts Strong Quarter, Eyes Longevity Expansion
Founder and CEO Bahram Akradi told analysts that Life Time’s premium, highly differentiated fitness and wellness offerings are…
Recruit Holdings Shares Surge After 2Q Beat, Forecast Hike
Recruit Holdings Co. gained the most since its 2014 listing, after it reported stronger-than-expected earnings and raised forecast,…
CarGurus Pursues $4 Billion Dealer Software Market With AI
CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
WBD’s David Zaslav Says “We Have An Active Process Underway” As Suitors Circle
In Warner Bros. Discovery’s first public outing since Paramount started lobbing offers as the company pursues both a…
Snap stock surges 13% after announcing Perplexity deal
Scott Olson | Getty Images Snap stock surged 13% on Thursday after announcing a $400 million deal with…
Amazon’s (AMZN) $300 Billion Jump Puts Stock Back in AI Conversation
Amazon.com Inc. shares have been dogged for most of the year by concerns the company’s cloud-computing business was…
AI Is Eating All the Earnings
For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At…
AI Bubble Has Sucked in Legrand, Schneider, Siemens and ABB
If artificial intelligence is indeed a bubble, it’s been inflating a lot of companies in places well beyond…
Snap Shares Soar On $400 Million Perplexity AI Deal
Snap saw its stock surge 25% after market close as it announced a partnership with Perplexity to integrate…
Arm Gives Bullish Forecast, Pointing Toward AI Demand Surge
Arm Holdings Plc, which provides the most widely used technology in computing processors, gave a bullish revenue forecast,…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…