Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income…
OpenAI has the largest private tech fundraising round on record. Rival Anthropic now has the second. Anthropic announced on Thursday the close of a $30 billion funding round at a $380 billion post-money valuation, more than double what the artificial intelligence company was worth in September, when it last raised money. The company behind Claude…
The Anthropic AI logo is displayed on a mobile phone with a visual digital background. Nurphoto | Nurphoto | Getty Images Anthropic, the artificial intelligence lab that’s taken heat from the White House for its support of regulations and safety, is putting $20 million into the political arena ahead of the 2026 elections. The company…
Dutch payments giant Adyen‘s stock fell as much as 20% after it posted net revenue guidance and payment processing volume that were slightly weaker than expected. The company forecast net revenue growth of 20% to 22% for 2026, while analysts expected year-on-year growth at 22.8%, according to LSEG estimates. “This outlook is underpinned by a…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in…
Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026. Raul Ariano | Bloomberg | Getty Images Chinese artificial intelligence stocks rallied Thursday as several companies unveiled upgraded models and top policymakers renewed calls for a broader adoption of the technology. Hong Kong-listed Zhipu AI —…
Jeffrey Epstein and Sultan Ahmed bin Sulayem, Group CEO of DP World. House Oversight Committee Democrats U.S. officials made new disclosures from the Epstein files on Monday, naming who they believe was the recipient behind a disturbing email sent by the deceased financier and sex criminal Jeffrey Epstein, in which he referenced a supposed “torture…
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did…
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica‘s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian eyewear brand…
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 3%. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings…
