SpaceX-Tesla Merger Could Be Announced as Soon as December
SpaceX and Tesla could announce a merger as early as December as negotiations advance, putting potential deal terms in focus for SPCX and TSLA holders.
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Cisco Beats Earnings Estimates, Raises AI Revenue Forecast to $9 Billion
Cisco reports $18.5 billion in quarterly sales, tops profit estimates and raises its full-year outlook as demand for AI networking equipment accelerates.
Kalshi Seeks $65 Billion Valuation in New Funding Talks
Kalshi is discussing new funding at a potential $65 billion valuation, 62.5% above its recent $40 billion round, as it expands its exchange business.
AMD’s Lisa Su Named Yahoo Finance’s CEO of the Year
Lisa Su wins Yahoo Finance’s CEO of the Year award on the day Nvidia announces Jensen Huang’s exit. The chip-industry rivals are also relatives.
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Jensen Huang to Forfeit $108 Million in Nvidia Stock Awards
Jensen Huang is set to forfeit about $108 million in unvested Nvidia awards after his CEO exit, roughly 0.07% of his pre-announcement fortune.
Huang Scandal Fuels Unproven Claims Over Nvidia’s Open AI Push
Unproven claims about Huang’s scandal revive the AI policy fight, but OpenAI’s signature and Anthropic’s stated position complicate the narrative.
IBM Buys AuthMind to Strengthen AI Agent Security
IBM has acquired AuthMind to expand HashiCorp Vault’s ability to track AI agents, monitor credential use and detect unauthorized access.
Siemens Q4 Profit Beats Forecasts as Orders Hit €34.8 Billion
Siemens reported record quarterly orders and industrial profit, raised its mid-term growth targets and forecast 9% to 11% comparable revenue growth for 2027.
Alibaba Falls Nearly 7%, Tencent Slides on US AI Chip Curbs Report
Alibaba fell 6.76% and Tencent lost 2.64% in Hong Kong as investors assessed reported US restrictions on remote access to advanced AI chips overseas.
Polymarket Cuts Jobs as Reorganization Targets Kalshi’s Lead
Polymarket has cut staff and ended contractor agreements in a reorganization as it adds senior leaders and tries to regain ground against rival Kalshi.
Kalshi Confirms CFTC Filing Probe, Says Weather Contracts Flagged
Kalshi says the CFTC flagged weather-related contracts in a filing investigation, calling it a procedural issue as the platform expands its derivatives business.
OpenAI Launches Business Profiles and Agents in ChatGPT
OpenAI’s beta adds business profiles and analytics to ChatGPT, with customer-facing agents initially limited to eligible US online businesses.
Amazon’s Ring Unveils Flying Camera and Business Security Robot
Amazon’s Ring unveils a $249.99 flying home camera and a $999.99 business security robot, extending its hardware and subscription business.