Dario Amodei, CEO and co-founder of Anthropic, and Jamie Dimon, Denis Balibouse | Reuters | Samuel Corum | Bloomberg | Getty Images Anthropic CEO Dario Amodei warned Tuesday that artificial intelligence has created a narrow window for the world’s tech firms, governments and banks to fix tens of thousands of software vulnerabilities found by his…
Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), speaks with members of the media after ringing the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 2, 2025. Eduardo Munoz | Reuters U.S. regulators are advancing a proposal that would allow public companies to scrap quarterly…
Lionel Bonaventure | Afp | Getty Images Coinbase became the latest tech company to announce a round of layoffs Tuesday morning, blaming artificial intelligence for altering the company’s operations. Prediction markets traders think the fintech company is yet another sign of what’s to come among technology providers. Traders on Kalshi give a 92% chance to…
Michael Burry dumped his entire stake in GameStop after the company’s audacious bid for eBay , saying the deal’s heavy leverage shattered the investment case he had been building. “I sold my entire GME position,” Burry said in a Substack post late Monday. “Any which way I sliced it, the Instant Berkshire thesis was never…
CEO Jacob Walthour, Kourtney Gibson and The 49th Vice President of the United States, Kamala Harris onstage at the 2026 Power100 Honoree Dinner at Beverly Wilshire, A Four Seasons Hotel on May 3, 2026 in Beverly Hills, California. Arnold Turner | Getty Images The Power100 gathering on the sidelines of the Milken Institute Global Conference…
Check out the companies making headlines before the bell: PayPal — Shares gained nearly 3% after PayPal reported first quarter earnings of $1.34 per share, on an adjusted basis, on revenues of $8.35 billion. Analysts polled by LSEG had expected per-share earnings of $1.27 on revenues of $8.05 billion. Anheuser-Busch InBev — The Budweiser parent…
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images UniCredit CEO Andrea Orcel told CNBC Tuesday that he does not foresee a future where the Italian lender fully controls Commerzbank. Orcel’s comments came as the Italian lender’s tender offer to raise its stake…
Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates on the back of larger-than-expected credit losses and other impairment charges. HSBC’s revenue gained 6%, year on year, exceeding estimates. Here are HSBC’s first-quarter results compared with the consensus estimates compiled by the bank. Pre-tax profit: $9.4 billion vs. $9.59 billion…
Check out the companies making headlines after the bell : Paramount Skydance — The entertainment stock added about 2% after the company posted first-quarter adjusted earnings of 23 cents per share on revenue of $7.35 billion. Analysts polled by LSEG had expected earnings of 15 cents and $7.28 billion in revenue. Duolingo — The maker…
Prediction markets traders aren’t confident in GameStop’s ability to take over eBay, according to contracts launched on Monday. Traders on Kalshi give GameStop just a 26% chance to pull off the acquisition in 2026, though total trading volume on the new contract was low at just over $2,000. GameStop announced on Sunday that it was…
