SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen, Guangdong Province of China. (Photo by He Shaoping/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets fell Friday, tracking Wall Street declines on persistent concerns over lofty valuations in artificial intelligence stocks….
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
CNBC’s Jim Cramer unpacked Thursday’s market decline, telling investors that Wall Street is worried about the lengthy government shutdown and that artificial intelligence buildout is getting out of control. “What matters is we need the darn government to go back to work, and we need the data center blob to be cordoned off from the…
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors…
Chris Delmas | AFP | Getty Images Shares of Take-Two Interactive Software sank 10% during after-hours trading on Thursday after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026. “We are sorry for adding additional time to what we realize has been a long wait, but these…
Mustafa Suleyman, CEO of Microsoft AI and then CEO and co-founder of Inflection AI, speaks during the Axios BFD event in New York on Oct. 12, 2023. Brendan Mcdermid | Reuters Microsoft on Thursday said it’s forming a team that will be tasked with performing advanced artificial intelligence research. Mustafa Suleyman, CEO of the Microsoft…
Chipotle Mexican Grill and Coach store logos. Getty Images Chipotle and Cava pinned weaker sales on younger customers who are pulling back and packing lunches. But Gen Z shoppers are still spending on Coach handbags to bring to work — even if they’re skipping bowls and burritos. Coach’s parent company, Tapestry, raised its full-year outlook…
U.S. President Donald Trump attends an event to make an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025. Jonathan Ernst | Reuters President Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their obesity drugs, including upcoming…
David Sacks, White House AI and Crypto Czar, attends a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room at the White House in Washington, D.C., U.S., September 4, 2025. Brian Snyder | Reuters Venture capitalist David Sacks, who is serving as President Donald Trump’s artificial intelligence and crypto czar, said Thursday…
A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Airlines rushed to provide travelers updates after the Federal Aviation Administration said Wednesday that it would reduce flights across 40…
