Business.
The e-commerce giant's $1-an-hour raise and new grocery discounts, worth more than $1.5 billion, arrive as it prepares to compete for seasonal workers in a tight, inflation-squeezed labor market.
Rune's RELIC system plugs AI compute directly into solar farms, deploying in weeks instead of years — a wager by Spark Capital and other investors that power, not chips, is now the binding constraint on AI's growth.
A drone-damaged pipeline has knocked out Saudi Arabia's main workaround for the blocked Strait of Hormuz, forcing Aramco to cancel European crude cargoes just as Houthi forces seize the Bab el-Mandeb strait.
A warrant-linked supply agreement ties Amazon's data-center power needs to Generac's stock, sending shares up as much as 45 percent.
The round, led by Sequoia Capital and Kleiner Perkins, arrives seven months after Profound's last raise and pushes total funding for the two-year-old company past $335 million.
Treasury Secretary Scott Bessent plans to meet his Chinese counterpart this weekend as the two governments discuss reducing duties on roughly $30 billion in trade before a Sept. 24 summit.
Freight costs for hauling crude out of the Gulf have surged past all-time highs even as benchmark oil prices eased Wednesday, a widening gap between crude and the cost of shipping it.
Futures markets assign roughly nine-in-ten odds to a quarter-point increase when Chair Kevin Warsh's Fed announces its decision this afternoon, a sharp reversal from the no-change consensus that prevailed over the summer.
The Digital Asset Market Clarity Act fell 49-50, as Democrats sought tighter limits on officials' crypto holdings and several Republicans balked.
Sam Altman says an OpenAI listing would be an "ill-advised" moment amid AI safety concerns, even as rival Anthropic reportedly prepares a roadshow targeting a $2 trillion valuation.
Industrial output beat forecasts while retail sales cooled and investment fell further, sharpening the divide between China's factory floor and its households.
The capture of Yemen's Perim Island and a drone strike on a key Saudi pipeline have opened two fronts on the same barrel, even as OPEC+ keeps adding supply.
A global bond selloff pushed the 10-year yield to its highest level since 2007 just as the Federal Reserve began a two-day meeting expected to produce the first rate increase in three years.
A delayed Kazatomprom processing plant and rising data-center power demand are keeping the uranium spot price near six-month highs.
Blank sailings are keeping transpacific container rates elevated even as easing port congestion pulls Asia-Europe prices lower.
The tunneling venture's valuation nearly quadrupled since 2022 as UAE-linked investors bankroll an expanded underground transit build-out beyond Dubai Loop.
Record cloud growth and a swelling $125 billion debt pile framed a wild 48 hours in which founder Larry Ellison disclosed, then scrapped, a plan to sell up to $7.5 billion in Oracle stock.
The chipmaker is in talks to anchor Anthropic's IPO at a roughly $2 trillion valuation, deepening a financial relationship already built on gigawatts of GPU capacity.
The jet-engine maker's largest deal since its 2024 spinoff brings a key supplier of aerospace castings in-house as the industry battles chronic parts shortages.
A hotter-than-forecast August CPI reading sent Treasury yields to multi-year highs and rate-hike odds surging, even as stocks snapped a four-day losing streak heading into next week's Fed decision.
A rush of U.S.-bound metal ahead of possible tariffs is masking mine outages from Chile to Indonesia that analysts warn could tip the market into an outright deficit.
The Boston biotech's Series A backs a CTLA-4 antibody licensed from China's Harbour BioMed, betting that treating tumors before surgery beats treating them after.
The salvage-auction giant is paying a 45% premium to fold ACV's dealer-to-dealer wholesale marketplace into an all-digital vehicle remarketing platform.
The Reno-based startup is betting inference chips built around commodity memory, rather than scarce HBM, can challenge Nvidia's grip on the AI hardware market.
Riyadh told OPEC its crude production fell to 6.238 million barrels a day in August, undercutting even April's wartime low, as Hormuz tensions and a Houthi blockade choke exports from the Gulf and the Red Sea alike.
A widening war in the Persian Gulf has pushed crude to its highest level since May and Treasury yields to their highest since 2023, flipping trader bets ahead of next week's Fed meeting from a possible cut to a likely hike.
The oil major aims to more than double production in its Venezuelan joint ventures to 600,000 barrels a day by 2031, capitalizing on a thaw in U.S.-Venezuela relations.
Diffusion and Lightspeed co-led the round as Harvey's valuation nearly tripled since March, with the legal AI company also disclosing its fourth acquisition of the year.
A weaker dollar snapped bullion's three-day slide, but the bigger driver is a World Gold Council report showing central banks bought gold at the fastest second-quarter pace on record.
The Treasury Department moved to calm a bond-market selloff that pushed benchmark yields to a three-year high, as deficit concerns, rising energy costs and next week's Fed meeting rattled Wall Street.
The convenience-store chain topped Wall Street estimates for its fiscal first quarter as wider fuel margins and pizza-driven food sales offset a decline in the stock following the report.
The New York startup, which uses AI agents to clear insurance and pharmacy hurdles after a doctor writes a prescription, raised $150 million in a Series C led by Bain Capital Ventures.
Repeated strikes on Saudi Aramco's Jizan refinery and a squeeze on Strait of Hormuz shipping have driven crude to its highest levels since late July, with Goldman Sachs warning prices could top $120 if the disruption persists.
The Dow fell more than 600 points as Houthi strikes on Saudi energy facilities pushed Brent crude toward its highest level in over a year, reviving inflation fears just as investors had bet on a calmer path for interest rates.
The chip-design software maker topped Wall Street's third-quarter estimates and lifted its full-year forecast, but investors focused on how little room the new guidance left to beat again.
The Series B, led by Delta-v Capital, arrives as HiddenLayer's annual recurring revenue grew more than tenfold and the company pushes further into securing autonomous AI agents.
Benchmark copper broke through $14,500 a ton on the London Metal Exchange as anticipated US import tariffs pull metal into American warehouses and mine output falls at Codelco and Freeport-McMoRan.
The AI lab is holding its investor roadshow until a $15 billion credit facility is finalized, pushing a listing that could value the company near $2 trillion toward the edge of November's midterm elections.
The wearable health startup's public filing shows revenue up 74%, as it looks to raise as much as $3 billion in one of the year's largest consumer-tech listings.
Escalating US-Iran strikes on oil tankers have pushed war-risk insurance and freight rates to multiples of pre-conflict levels, sending crude to its highest since July.
Record orders and sharply raised guidance underscored how deep AI infrastructure spending is running, even as investors debate how long the buildout can last.
A surprise surge in payrolls sent Treasury yields higher and revived talk of tightening, complicating the picture for policymakers already contending with oil-driven inflation.
Brent crude neared $97 a barrel and gasoline hit an all-time Labor Day high after Washington disabled three Iranian tankers and Tehran said it would declare a new restricted zone off the Strait of Hormuz.
Oneok, Williams and Apollo Global are pouring tens of billions of dollars into midstream gas assets as data centers and LNG export terminals compete for supply, a boom that Oneok's CEO says will eventually push prices higher too.
Spot gold eased to $4,432 an ounce Friday after a volatile year that has taken the metal from an intraday record above $5,500 to a summer slide and back, with Goldman and J.P. Morgan both lifting price forecasts.
The WhatsApp-based money-transfer startup's Series C, split between equity and credit, values the Miami company at roughly $1.4 billion as investors keep betting on fintech built for Latin American immigrants.
A 181-page complaint joined by 22 states accuses Amazon of secretly rigging its Sponsored Products ad auctions since 2019 to extract billions from advertisers; Amazon calls the claims "misguided" as its shares slide and Wall Street stays split.
Argentina's president says he will fast-track legislation to punish companies developing the Sea Lion oilfield near the British-held islands, seizing on Trump's wavering support for London.
The debt-and-equity deal adds grid-forming power electronics to Flex's infrastructure arm, which the manufacturing giant plans to spin off as an independent public company in early 2027.
The $3 billion round, co-led by Atreides Management and Valor Equity Partners with backing from Abu Dhabi's Mubadala, comes as Crusoe explores a near-term IPO and builds out capacity for customers including Microsoft, Meta and OpenAI.
Renewed U.S.-Iran strikes drove crude nearly 10% higher on the week and pushed U.S. diesel to record prices, as Japan's largest tanker operator warned Hormuz transit may not normalize before year-end.
Friday's 162,000-job gain and a combined 55,000-job upward revision to June and July pushed traders toward pricing in a September rate increase, sending the Dow, S&P 500 and Nasdaq lower to close the week.
A year after selling out as a $65 specialty six-pack, Taco Bell's Salt & Straw collaboration is going mass-market nationwide, chasing the ghost of the discontinued Choco Taco.
The Israeli-Dutch startup's valuation has more than doubled in under six months, the latest sign investors are still paying up for AI agent platforms that can prove they work inside large companies.
Arabica prices are near their highest level in months as a deadly Colombian earthquake compounds a supply squeeze already driven by a lagging Brazilian harvest and U.S. tariffs on Brazilian beans.
A soft ADP print and months of downward revisions have turned the government's August payrolls data, due at 8:30 a.m., into a pivotal input for the Fed's September rate decision.
The chipmaker posted record revenue and its ninth straight quarterly beat, but a fourth-quarter outlook that landed a few hundred million dollars below expectations was enough to send the stock lower.
The deal, one of Nvidia's largest ever, hands the chipmaker the default distribution hub for open-source AI models just as critics start asking whether one company should own so much of the stack.
The all-cash acquisition from KKR is Aon's largest ever and aims to plant the insurance broker firmly in the mid-sized commercial market, a segment executives value at more than $40 billion.
The Series A extension, co-led by JOIN Capital and Ace Capital Partners, brings HyImpulse's total funding past €125 million as it prepares back-to-back test flights of its suborbital and orbital rockets.
Bullion is up more than 24% over the past year as investors weigh Middle East risk and growing government debt loads against surging Treasury yields, with central banks still buying at a record pace.
A renewed exchange of strikes between the U.S. and Iran pushed oil and borrowing costs higher, while a weak ADP payrolls report added to signs the labor market is cooling faster than expected.
The $100 million project will add 900 million cubic feet a day of capacity on the Double E pipeline to the Waha Hub, with more than half already under contract.
Andreessen Horowitz and General Catalyst co-led the Series C, tripling the Miami fintech's valuation as it looks beyond cross-border payments for Latino immigrants.
The metal pulled back to $6.44 a pound after touching an all-time high near $6.83, with Chilean output declines and tariff-driven stockpiling still underpinning a historic rally.
The ISM's factory index slipped to 54.6% as new orders and order backlogs eased and prices paid held at an elevated 71.1%, complicating the Federal Reserve's rate calculus.
A limited-run stainless-steel keg of Heinz ketchup, timed to football season, vanished in minutes and immediately spawned a resale market worth five times face value.
The back-to-back raises bring the firm's total new fundraising this year past $16 billion as it doubles down on AI infrastructure and late-stage bets.
The solar-tracker giant's all-cash purchase of Affordable Wire Management gives it a foothold in the fast-growing battery-storage and datacenter markets it has never served at scale.
The producer group finished unwinding its 1.65-million-barrel voluntary cuts just as renewed U.S.-Iran strikes put fresh risk premium on Gulf shipping.
A weekend exchange of strikes between the U.S. and Iran sent crude toward multi-month highs and knocked stock futures lower, with a fresh factory-activity report and Friday's jobs data now in focus.
The Series C round, which brings AusperBio's total funding to $360 million, will fund a Phase 3 trial and expansion of its antisense-therapy pipeline.
Bullion fell nearly 3% after Fed Chair Kevin Warsh's hawkish tone jolted a rally that had put gold on pace for its best month since 1999.
Kevin Warsh's warning that inflation still runs too hot sent September rate-hike odds surging past a coin flip and pulled stocks off a weekly high.
A blowout second quarter and a 70% growth forecast for fiscal 2028 pushed the chipmaker's stock up nearly 9% and reset expectations for the AI buildout heading into next year.
A $1 billion round for a hypersonic-weapons startup and a $2.5 billion valuation for a four-month-old AI assistant show how far investor appetite now stretches beyond software.
Crude is on pace to snap a two-week winning streak while gold hovers just off its highs, with both commodities waiting on the Fed chair's Jackson Hole speech and a still-unresolved standoff with Iran.
A revenue beat, a 70% growth forecast for 2028 and guidance that still excludes China lifted Nvidia shares nearly 9% and dragged the broader market higher with them.
Fed Chair Kevin Warsh delivers his first Jackson Hole keynote this morning, with a 19-year-high in long-term borrowing costs, a fractured rate-setting committee and richly valued stocks all riding on what he says.
Index Ventures and Benchmark backed the year-old personal-agent startup even as its sweeping data permissions and terms of service draw early scrutiny.
The metal is consolidating below $4,700 as traders weigh new Fed Chair Kevin Warsh's cautious early messaging, steady central bank buying and this week's inflation data.
The cybersecurity firm topped Wall Street estimates and lifted its full-year outlook, with net new business up 51% as customers consolidate spending onto its platform.
Lawyers for Governor Lisa Cook call the mortgage-fraud allegations behind a second White House removal effort "unfounded and untrue," teeing up a fight over Fed independence weeks before the next rate decision.
July sales fell 10.5% to a 607,000 annual rate as borrowing costs topped 6.6%, even as builders cut prices and the median price hit a five-year low.
WTI drifted toward $80 a barrel and Brent toward $86 as talk of a Strait of Hormuz maritime corridor and softer U.S. sanctions on Iran pulled a geopolitical risk premium out of crude.
A second-quarter earnings miss and a steep cut to full-year profit guidance triggered the retailer's worst trading day on record, as its newly acquired Foot Locker chain keeps sliding.
The chipmaker's earnings after today's close carry outsized weight for a rally built on artificial-intelligence spending, with options traders pricing a swing of nearly $280 billion in market value.
PDD Holdings topped profit estimates but missed on revenue in the second quarter, with a fresh $230 million EU fine adding pressure on the Temu owner.
Fasset's $68 million Series C, led by Japan's SBI Group, values the AI-driven stablecoin neobank at $1 billion as it pushes into more countries.
Gold touched its highest level in roughly 15 weeks Monday as crude sank toward $85 a barrel — a split that traces to fiscal-policy jitters lifting bullion and new Iran sanctions weighing on oil.
A broad chipmaker selloff offset a modest Dow gain Monday as traders trimmed risk ahead of Nvidia's Wednesday earnings, with new Iran sanctions and Canada tariff fallout adding to the unease.
Treasury debt concerns and shifting Fed rate-cut bets have driven the metal to its third straight weekly gain ahead of this week's Jackson Hole symposium.
The e-commerce and cloud giant's largest-ever Hong Kong share sale funds its AI buildout but dilutes existing shareholders.
A record shareholder-return plan tied to Samsung's AI-driven profit boom fell short of what investors had bid the stock up to expect.
A last-minute negotiating breakdown has triggered steep new duties on Canadian goods and a retaliatory response set for early September.
Wednesday's Nvidia results and the Fed chair's first Jackson Hole speech will test whether stocks can withstand elevated long-term interest rates.
The AI and data company raised fresh capital just weeks after its last round, pushing its valuation past $190 billion as revenue tops a $7 billion run rate.
Bullion notched a third straight weekly gain after the Treasury moved to double its long-bond buybacks, cooling yields and weakening the dollar.
A flash PMI reading showed the fastest US business growth since 2022, powering a Friday rally that trimmed — but didn't erase — a rough week for stocks.
The payments giant's largest acquisition yet pairs its transaction infrastructure with OpenRouter's technology for routing requests across hundreds of AI models, deepening Stripe's push into AI infrastructure.
The Series B, led by DST Global, arrives eight months after a round that valued the AI video and image platform at $1.3 billion, as investors keep funneling large checks into AI applications.
Brent crude neared $94 a barrel as Washington signaled a harder economic squeeze on Tehran rather than a quick reopening of the Strait of Hormuz.
Stocks rebounded Friday after the Treasury moved to steady a rattled bond market, closing out a week that saw Walmart post its first comparable-sales miss in five years and oil surge amid the widening confrontation with Iran.
The two-year-old startup's Series C, led by Iconiq, values Rillet at $1 billion after it says it doubled recurring revenue in three months and topped 600 customers.
A softer dollar and falling Treasury yields have pushed bullion up more than 3% this week, with silver, platinum and palladium also higher.
The Spanish lender folded one of the Northeast's largest regional banks into its U.S. franchise Thursday after clearing the last of three regulatory approvals.
A hawkish set of Fed minutes and a rebound in long-term yields wiped out Wednesday's relief rally, dragging the Dow down nearly 700 points and leaving Wall Street headed for a losing week.
The 67-million-year-old fossil, found on a South Dakota cattle ranch, became the most expensive dinosaur skeleton ever sold amid a broader boom in natural-history auctions.
The deal for the airflow-technology maker nearly doubles Madison Air's addressable market as demand for data-center cooling equipment accelerates alongside AI infrastructure spending.
Jane Street led a $700 million round in the transformer-chip maker just weeks after its prior raise, with the trading firm doubling as Etched's first customer.
Brent and WTI notched their highest closes since late July after Abu Dhabi said it detected Iranian ballistic missiles and suspended commercial ties with Tehran, keeping Strait of Hormuz shipping constrained.
Three regional Fed presidents pushed for a rate increase in July as inflation concerns mounted, but a Treasury debt-buyback plan calmed Wall Street before the hawkish minutes even landed.
Shares are up sharply this year on viral squishy dumplings and Needohs, but Jefferies says the discount chain's turnaround runs deeper than a toy fad.
Shares of the Chicago-based air-quality group fell after it agreed to acquire the airflow-technology maker in a deal financed with cash, debt and equity, aimed at expanding into cooling for AI data centers.
The San Francisco firm's fifth and largest fund will write $1 million to $10 million checks into roughly 50 early-stage companies as it doubles down on what its leaders call human-centered AI.
The San Francisco firm's fifth and largest fund will write $1 million to $10 million checks into roughly 50 early-stage companies as it doubles down on what its leaders call human-centered AI.
Brent crude pushed toward $92 a barrel and WTI held near three-week highs after the U.S.-Iran negotiating window over the Strait of Hormuz lapsed without a deal, prompting Iraqi and Chinese shippers to route cargo around the chokepoint.
The S&P 500 fell for a third straight session Tuesday as the 30-year Treasury yield touched levels last seen in 2007 and crude extended its climb on the Hormuz standoff, with Target, TJX and Lowe's earnings and Fed minutes on deck Wednesday.
The White House delayed a threatened tariff hike hours before it was due to hit, as Trump and Prime Minister Mark Carney raced to finalize terms by Friday.
Stellantis's tiny electric Topolino has landed in the US at $13,995, aimed squarely at gated communities and resort towns that already love low-speed vehicles.