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Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. Recommended Video But the commercial boom…
Read article →SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest initial public…
Read article →Investors rushed out of the AI trade this past week and piled into materials, industrials, financials and healthcare, representing a sector rotation that could have staying power, according to Wall…
Read article →The Big 12 Conference is in advanced talks with an investment firm backed by RedBird Capital and Weatherford Capital for a $500 million cash injection, according to a person familiar…
Read article →Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion. Recommended Video SpaceX’s…
Read article →The chances of the Fed delivering another interest rate cut tomorrow are 90%, according to bets tracked by the CME FedWatch Fed funds futures index. But Wall Street has already…
Read article →Next year should mark a shift in the housing market after years of largely being frozen in place, according to Mike Simonsen, chief economist at top residential real estate brokerage…
Read article →S&P 500 futures were up 0.44% this morning after the index lost 1.07% on Friday, a day after setting a new all-time high on Dec.11. The index is still up…
Read article →New AI chips seem to hit the market at a quicker pace as tech companies scramble to gain supremacy in the global arms race for computational power. Recommended Video But…
Read article →Netflix Inc. investors were already skeptical about its $72 billion deal for Warner Bros. Discovery Inc. Now the threat of having to pay even more and potentially face a protracted regulatory fight…
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