The A.I. Race to Go Public
SpaceX, OpenAI, and Anthropic, giants of the artificial intelligence sector, are rushing to test investor appetite in the stock markets.
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Curated from top global sources
How Banks Battled for $1 Billion in Fees From SpaceX Listing
Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering.
Retailers Say Squeezed Shoppers Are Focused on Deals
Walmart, Target and TJ Maxx reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a…
Samsung Averts a Walkout With Big Bonuses, but Discord Over A.I. Profits Brews
Samsung Electronics, a global memory chip supplier, has been a major beneficiary of the A.I boom. It has also become the center of a debate …
British Politics Is Obsessing Over the Bond Market. Here’s Why.
Britain is facing another round of turmoil in government leadership, jolting debt investors who were already on high alert over inflation.
Bluesky Says Kremlin Is Hacking Its Platform to Spread Propaganda
The company said it was fighting Russian efforts to hijack real users’ accounts to post fake content, an apparently novel tactic.
Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn’t Want It.
The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in Chi…
China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or…
Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam
The chip maker said its profit in its most recent quarter jumped 211 percent from a year ago thanks to extreme demand from other big technol…
Most Fed Officials Embraced Possibility of Higher Rates at Recent Meeting
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economi…
Jeff Bezos Praises Trump’s Second Term as ‘More Mature’
The Amazon founder and owner of The Washington Post also rejected the idea that he has made changes at his companies to gain favor with the …
They Graduated Into the ‘Bleakest Job Market.’ Now It’s Their Children’s Turn.
The New York Times profiled young job seekers in 1991. Today, their own children are entering a work force in flux.