Amazon Stock Jumps 5% as Morgan Stanley Names It a Top Pick
Amazon gains nearly 5% as Morgan Stanley raises its target to $350, citing stronger AWS growth and AI opportunities across cloud services and shopping.
Business - Page 8
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Latest Business News
Silence Therapeutics Jumps 126% on Merck’s $1.3 Billion Deal
Silence Therapeutics closes up 125.58% after Germany’s Merck agrees to a $1.3 billion cash buyout at $20 per ADS, with completion targeted for early 2027.
Goldman Upgrades CoreWeave to Buy, but CRWV Rally Fades
Goldman upgrades CoreWeave to Buy but cuts its target to $106. CRWV gives up an early rally and closes down 0.44% as AI financing risks remain...
Tesla Roadster Delivery Warning Puts TSLA Execution Risk in Focus
Tesla’s Roadster reservations offer no delivery guarantee, highlighting execution risk for TSLA investors as the company targets production in 2028.
Sam Altman’s World Launches World ID Suite for Banks
World launches identity tools for banks and financial firms to combat deepfake impersonation, with Bain Capital and VanEck among its design partners.
Europe’s $173 Billion AI Startup Club Shows Wide Revenue Gaps
Europe’s 20 most valuable AI startups are worth about $173 billion, but mixed revenue measures and missing disclosures complicate comparisons of their valuations.
Bill Gross Launches Idealab.ai With 1.2 Million Free Business Ideas
Bill Gross launches Idealab.ai with 1.2 million free AI-generated business ideas, matching potential founders with concepts based on skills, capital and market fit.
Anthropic Pledges 5% Stake to Public Benefit Fund
Anthropic plans to commit 5% of its shares to a public benefit fund, with shareholder approval required and further allocations tied to valuation growth.
Anthropic Offers Blackstone Over 10% Yield in $60 Billion Chip Financing
Anthropic reportedly offers Blackstone funds a yield above 10% on $9 billion of junior chip debt within a proposed $60 billion financing package.
Barclays Sees Possible Tesla–SpaceX Merger Before Annual Meeting
Barclays sees SpaceX as the likely buyer of Tesla in a possible all-stock merger, with an announcement potentially ahead of the annual meeting expected by December...
Tesla Unveils SpaceX-Powered Roadster as TSLA–SPCX Merger Talk Builds
Musk calls Roadster Tesla’s last manually driven car as SpaceX technology puts TSLA and SPCX in focus, with production targeted for 2028 and merger talk unconfirmed.
Stripe and Plasma Develop Multi-Currency Stablecoin Cards
Stripe and Plasma are co-developing multi-currency stablecoin cards, building on infrastructure available in over 30 countries with expansion to 100-plus planned for 2027.