Autonomous driving company Wayve has hit an $8.6 billion valuation after securing fresh funds from Nvidia, Microsoft and Uber. The $1.2 billion Series D round was led by Eclipse, Balderton and SoftBank Vision Fund 2 and also featured automakers Mercedes-Benz, Nissan and Stellantis. Uber will invest up to an additional $300 million in milestone-based capital….
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating analysts’ estimates on the back of a strong performance in its wealth division and Hong…
US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images India will likely continue buying Russian oil as the U.S. Supreme Court’s verdict outlawing President Donald…
Iran wants to make a “deal” more than the U.S., President Donald Trump said Tuesday, ahead of another round of scheduled talks with Tehran and amid a build up of American forces in the Middle East. Tehran’s refusal to commit to not developing nuclear weapons remains the key sticking point holding up an agreement, Trump…
A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City, on Wednesday, August 11, 2010. Ramin Talaie | Corbis Historical | Getty Images The global mergers and acquisitions boom that defined 2025 is carrying into 2026, as companies reassess their portfolios and artificial intelligence-led demand fuels…
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images The head of Amazon’s artificial general intelligence lab is leaving the company less than two years after joining through a so-called acqui-hire deal of his startup Adept. David Luan announced…
A new race to secure critical minerals is unfolding across the global economy. Source link
A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona. Lucid Group reported mixed fourth-quarter results Tuesday as the electric vehicle maker continues to face challenging market conditions and internal struggles. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also…
Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026. Shares gained roughly 10% in extended trading Tuesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be…
Aneel Bhusri, co-founder of Workday, speaks at the Workday Charity Classic on the Stanford University golf course in Stanford, California, on Aug. 28, 2024. David Paul Morris | Bloomberg | Getty Images Workday shares fell 8% in extended trading on Tuesday after the human resources and finance software maker reported light quarterly guidance. Here’s how…
