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Shares of Goldman Sachs dropped Monday despite the Wall Street giant posting a blockbuster first-quarter profit, as investors zeroed in on weak spots beneath the headline numbers. The stock dropped roughly 2% intraday after initially plunging more than 4% at the open — even as the bank reported earnings and revenue that topped expectations. Investors […]
Elon Musk’s SpaceX has reportedly held talks with Saudi Arabia’s Public Investment Fund about investing an additional $5 billion in the company’s IPO. The extra investment would help prevent any dilution of the sovereign wealth fund’s stake in SpaceX when the company goes public, Reuters reported on Thursday, citing sources familiar with the matter. SpaceX, […]
Netflix is planning a “KPop Demon Hunters” world tour, as it looks to capitalize on its most popular movie, a source familiar with the talks said Wednesday. “KPop Demon Hunters” won the Oscar for best animated feature on Sunday, capping a record-breaking run after becoming Netflix’s most-watched film ever on its 2025 debut. The movie’s song, “Golden,” took […]
The number of Americans facing home foreclosures jumped for the 12th month in a row last month, hitting the owners of nearly 40,000 homes and raising concerns about the housing affordability crisis, according to a new report. In February, 38,840 US properties faced foreclosure filings of all kinds, including default notices, scheduled auctions or bank […]
Mark Zuckerberg’s Meta is reportedly delaying the release of its next artificial intelligence model at least about two months after internal tests showed the tech falling short of rival models from Google, OpenAI and Anthropic. The leaders of Meta’s AI division are considering temporarily licensing Google’s Gemini to power its products in the wake of […]
Papa John’s International is reviewing a fresh bid from Irth Capital Management to take the pizza chain private, valuing it at about $1.5 billion, the Wall Street Journal reported Wednesday, citing people familiar with the matter. Shares of Papa John’s were up 15% in afternoon trading following the news. Irth has offered $47 per share for the company, the report said, representing a premium of about […]
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter. A potential sale of CoolIT was in the preliminary stage and there were no guarantees that it would result in a […]
Ohio’s online gambling market may be booming, but a new national scorecard suggests consumer protections are lagging behind the industry’s rapid growth. A report from the Consumer & Society for Public Research (CASPR) gave Ohio a “D” grade and a score of 57 out of 100, placing the state 23rd nationwide for online gambling safety […]
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell 8% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider delivered light revenue […]
The Washington Post’s losses soared past $100 million in 2025 as the broadsheet struggled to keep up with a changing news landscape – prompting colossal layoffs earlier this month, according to a Thursday report. After bleeding $77 million in 2023 and about $100 million in 2024, losses continued to pile up at the Jeff Bezos-owned […]
