SpaceX Stock Cools, but the Space Industry’s Hiring Never Stopped
SpaceX shares have cooled from their post-IPO highs, but the space industry’s appetite for engineers shows no sign of matching the market’s mood. CNBC reported this week that SpaceX and…
A Handful of Stocks Now Move the Whole Market, and Analysts Are Wary
The weekend’s financial press was dominated by a single subject: the stock market has become a bet on a few technology companies, and the concentration has reached levels that have…
Crowded AI Trades Leave Markets Quick to Fracture
Stocks across Asia fell sharply Friday, and the speed of the move — broad indexes swinging from calm to panic within a single session — has market strategists talking about…
Cerebras Shares Halve in a Month as Margins Disappoint
The slide began quietly and then accelerated. Cerebras Systems, the AI chip maker that went public on May 14, fell as much as 12% in intraday trading Thursday to its…
ON Semiconductor to Buy Synaptics in $7 Billion All-Stock Deal
ON Semiconductor said Thursday it has agreed to acquire Synaptics in an all-stock transaction valued at about $7 billion, the largest acquisition in the chip maker’s history and its most…
White House Asks OpenAI to Delay Next Model as Safety Review Proceeds
The White House on June 25 formally asked OpenAI to postpone the release of its next large language model, citing safety and national security concerns, according to multiple reports. TechCrunch…
Adobe Buys Topaz Labs, Adding AI Video Tools to Creative Suite
Adobe said Thursday it has acquired Topaz Labs, the maker of AI-powered tools that sharpen, upscale, and repair images and video, in a deal whose terms were not disclosed. The…
SpaceX Stock Falls Below IPO Price, Erasing $60 Billion in Two Weeks
Less than two weeks after the largest initial public offering in history, SpaceX’s stock has fallen below its $445 offering price, a swift reversal of the euphoria that greeted the…
Microsoft Shares Slip as AI Spending Pressures Cloud Margins
Microsoft’s stock fell again Thursday, extending a slide driven by investor unease over the company’s record spending on artificial intelligence infrastructure and what it means for the profitability of its…
Patronus AI Raises $50 Million to Stress-Test AI Agents
Patronus AI said Thursday it has closed a $50 million Series B round, money the startup will use to build simulated digital worlds where AI agents can be pushed to…
