Tag: technology
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SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
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Anthropic, OpenAI, other U.S. AI giants launch major London expansions amid talent and revenue scramble
The U.K. capital has become a key growth target for many of the world’s most talked about AI companies.
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Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride
NEW YORK/SAN FRANCISCO, June 11 : As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders, brokers and exchanges are working nonstop to make sure their trading systems can handle the blockbuster IPO and avoid the chaos that marred other highly anticipated launches.
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AI mega-listings are ‘just the start,’ Razer CEO says, ahead of historic SpaceX IPO
Blockbuster public offerings from AI companies could be an enduring feature of the industry, Razer CEO Min-Liang Tan said Thursday, ahead of several mega IPOs.
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The EU’s DMA: Fines, delayed features and unclear benefits
Apple’s Siri AI delay has turned the DMA from a Brussels bubble debate into a consumer issue. The DMA is meant to ensure a fair market, but what are the measurable benefits for consumers and founders?
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OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.
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Jim Cramer says one of SpaceX’s biggest risks is this group of investors
CNBC’s Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.
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Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
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Wall Street needs a crash course in the token economy ahead of AI IPOs. SpaceX offers a preview
When OpenAI and Anthropic make their IPO prospectuses available to the public, investors are going to have to learn about a whole new economy.
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Cramer still likes recently spun FedEx Freight despite the emergence of new rival
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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