Bezos’ Blue Origin valued at $130 billion in first public fundraising round
Jeff Bezos‘ Blue Origin is raising about $10 billion, in its first outside funding round that will value…
India fashion retailer Trent tumbles 11% as revenue growth disappoints
People are shopping for clothing and beauty products at a Zudio store in Thiruvananthapuram, Kerala, India, on April…
Oman: Strait of Hormuz fees raise oil market concerns
Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman.…
The hunt for AI’s next winners defined the stock market’s holiday-shortened week
Wall Street kicked off the third quarter with mixed results after a blockbuster first half for stocks. The…
Citadel’s hedge funds post broad first-half gains
CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the…
OpenAI proposes U.S. government own 5% stake to address political blowback
CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders,…
Volkswagen braces for boardroom showdown over cost-cutting plan
Employees of Volkswagen Sachsen GmbH stand with Dirk Panter (SPD, M), Saxony’s Minister of Economic Affairs, in front…
Meta stock pops on cloud push to sell excess AI compute power capacity
Shares of Meta popped 10% on Wednesday following news that the company is building out a new cloud…
Burry shorts Caterpillar after it nearly doubled in AI rally of 2026
Michael Burry attends “The Big Short” New York screening at the Ziegfeld Theater in New York, on Nov.…
Medicare obesity drug GLP-1 coverage starting July 1
Millions of older Americans in Medicare are about to receive a benefit that has never existed before: coverage…
Summer box office could lead to first $10 billion year since pandemic
Hollywood is having its best summer since before the pandemic, and that hot streak is putting the annual…
How ticket bots are changing concert and train ticket sales
Purchasing concert tickets has long been a high-stakes affair, with popular events often selling out within minutes. Increasingly,…