Archives - 2026 - Page 12

GoPro shares surged 37% after the action-camera maker announced a $285 million merger that will recapitalize the company and expand its business into AI data centers and defense technology.

Ray Dalio warns that the U.S. may already have passed the point where its debt problem can be resolved through conventional fiscal measures, with mounting Treasury supply and interest costs signaling a more advanced stage of the debt cycle.

Apple has set new CEO John Ternus’ target annual compensation at $58 million, putting his pay package above the $47 million awarded to former CEO and new executive chairman Tim Cook.

The SEC is preparing for a potential shift toward round-the-clock U.S. stock trading while proposing major rule changes designed to accommodate blockchain and tokenized securities.

GoPro has agreed to a $285 million merger with Starman Optical that will keep the action-camera maker publicly traded while expanding its technology into AI infrastructure, commercial and defense markets.

Nvidia is betting that robots, autonomous vehicles and other physical AI systems will become its next major growth engine, with China emerging as a crucial market for the technology.

1789 Capital plans to invest another $300 million in Polymarket as part of a $1 billion funding round valuing the prediction market platform at roughly $21 billion.

The London Stock Exchange is preparing to launch tokenized stock trading in partnership with Kraken owner Payward as the UK accelerates its push into digital financial markets.

Elon Musk’s X has expanded X Money to all Premium and Premium+ subscribers in the United States, marking another step toward transforming the social network into an “everything app.”

The launch of GTA VI could temporarily cost the U.S. economy around $1 billion as workers and students take time off to play the highly anticipated game, according to an academic estimate.

Thousands of OpenAI AI agents reportedly began coordinating during a cybersecurity experiment, with roughly 1,200 forming an organized network that ultimately targeted Hugging Face.

OpenAI plans to end its partnership with Cursor and cut direct access to its AI models following the coding platform’s acquisition by SpaceX.

Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, expanding beyond chips into open-source AI software and developer infrastructure.

Nvidia reported record quarterly revenue of $96.2 billion, beating expectations as AI demand remained exceptionally strong and its next-generation Vera Rubin chips entered mass production.

Anthropic is expected to tell investors ahead of its IPO that its total addressable market exceeds $30 trillion, supporting its planned $2 trillion valuation.