Jeff Bezos Says AI Could Enable Three-Day Workweeks
Jeff Bezos says AI could let some people work three days a week or support a family on one income, putting productivity and household budgets in...
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Latest News
Blue Origin IPO Likely Several Years Away, Jeff Bezos Says
Jeff Bezos says Blue Origin will likely go public in the coming years after raising $10 billion from outside investors for the first time.
TSMC Revenue Hits Record $46.7 Billion as AI Chip Demand Surges
TSMC’s third-quarter revenue rose roughly 50% in Taiwan-dollar terms to a record, beating forecasts as AI chip demand remained strong.
Samsung Stock Falls 2.4% Despite Record $80 Billion Profit Estimate
Samsung forecasts record quarterly operating profit of about $80 billion, but its shares fall as investors weigh expectations and the AI-memory outlook.
Ripple Challenges Wall Street Banks in Leveraged ETF Financing
Ripple is expanding in leveraged ETF financing as its prime brokerage adds equity swaps, institutional capital and a deeper Brevan Howard relationship.
U.S. 30-Year Treasury Yield Hits Fresh 24-Year High
The 30-year Treasury yield reached 5.717% as the bond selloff resumed, with a $39 billion note auction and Federal Reserve minutes in focus.
SpaceX Used Space Photos in AI Chip Financing Pitch, FT Reports
SpaceX’s earlier chip financing memo featured space photos, FT says, as the company pursues a separate $40 billion Nvidia deal.
Lambda Targets $14.5 Billion Valuation in $4 Billion Pre-IPO Funding Round
Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, with Blackstone and Coatue leading the round ahead of a planned 2027 IPO.
Marvell Stock Rallies as AI Demand Lifts 2028 Revenue Target to $20 Billion
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
SPCX Stock Climbs Above $175 as SpaceX Value Tops $2.3 Trillion
SpaceX’s SPCX shares traded above $175 on October 6, lifting its estimated value beyond $2.3 trillion as investors assess Starlink growth and AI spending.
Paramount Closes Warner Bros. Deal as Skydance Debuts With SKYD Ticker
Paramount has completed its Warner Bros. Discovery takeover, forming Skydance Corp. as SKYD shares begin NYSE trading and merger execution moves into focus.
S&P 500 and Nasdaq Hit Records as Oil and Treasury Yields Ease
The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.