CoreWeave Stock Drops Over 6% a Day After Goldman Upgrade
CoreWeave falls as much as 6.4% early Tuesday after Goldman’s Buy upgrade, as investors continue weighing AI infrastructure returns and financing costs.
Business - Page 7
Explore the latest developments shaping global business, from corporate giants to fast-growing startups. Our Business section delivers in-depth coverage of mergers and acquisitions, regulation and policy shifts, breakthrough technologies, and venture capital trends. Get timely updates, analysis and context on how companies innovate, compete and expand in a rapidly changing economy. Designed for professionals, investors and curious readers alike, this is your go-to source for understanding the forces that drive business decisions worldwide.
Latest Business News
Salesforce to Buy Braze for $5.66 Billion as CRM Shares Fall
Salesforce agrees to buy Braze for $5.66 billion in enterprise value, offering $47.50 cash per Class A share as CRM falls 2.6% in premarket trading.
Revolut Outage Hits App, Card Payments and Transfers
Revolut reports widespread disruption to its app, cards and transfers, while assuring customers their money and data are safe as Google Cloud recovers.
Amazon Plans Over €16 Billion Investment in Germany for 2027
Amazon plans over €16 billion in German investment in 2027, including €4.8 billion for AWS Frankfurt, alongside satellite internet, logistics and Prime Video.
Bank of America Added 1,000 Contractors to Patch AI-Exposed Software Flaws
Bank of America added 1,000 contractors after AI models including Mythos exposed software flaws; its disclosed remediation costs also include AML work.
GM Beats Q3 Estimates and Authorizes $20 Billion Stock Buyback
GM beats Q3 estimates and authorizes a $20 billion buyback, but shares fall in premarket trading as investors assess narrower earnings guidance and costs.
GE Aerospace Beats Q3 Estimates and Raises 2026 EPS Outlook to $8–$8.10
GE Aerospace reports $2.25 in adjusted EPS and $13.29 billion in adjusted revenue, beating estimates and lifting its 2026 profit forecast as services grow.
ARK Invest Sees Tesla Stock at $4,400 by 2031 as Robotaxis Drive Valuation
Cathie Wood’s ARK Invest projects Tesla shares at $4,400 in 2031, nearly 12 times Monday’s close, with robotaxis driving most of its modeled valuation.
Jio IPO Draws $26.3 Billion in Anchor Bids as BlackRock and GIC Join
Jio allocates about $854 million in anchor shares as CNBC reports $26.3 billion in bids, with BlackRock and GIC participating ahead of public subscription.
Elice Plunges on Kosdaq Debut After $150 Million AI IPO
Elice falls more than 30% from its IPO price as the Korean AI infrastructure company enters a market increasingly focused on funding costs and returns.
Merz Urges German Businesses to Embrace AI as Nvidia Plans Investments
Germany’s Friedrich Merz urges companies to use their industrial data for AI as Nvidia plans four startup investments and Siemens showcases factory applications.
Pump.fun Adds OpenAI and Anthropic Pre-IPO Tokens Through PreStocks
Pump.fun adds tokens linked to eight private companies, including OpenAI, Anthropic and Polymarket, for direct trading and new coin pairs through PreStocks.