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Paolo ConfinoFortune |
Longtime tech executive Tom Siebel said the market is "way, way overvaluing" AI companies of all sizes, from startups to the $157 billion OpenAI.
Nvidia topped analyst estimates across all metrics on its third quarter earnings call.
The investment bank forecasts 11% growth in the S&P 500 next year and warns the economy will be pulled in two different directions.
Keychain is an online platform that connects food and beverage brands to manufacturers.
Section 230 lets social media companies like Meta, X, and TikTok bear no legal responsibility for content users post on their platforms.
The move would be the first major acquisition on behalf of Trump Media, which already owns the small social media platform Truth Social.
ARC's current stake is just 30,147 shares of Trump Media after owning more than 11 million shares in September.
Wood said Musk understands the world is at “the threshold of a convergence among many technologies."
Many traders hoped to cash in on a possible Trump win—and once it happened, they sold.
Here's what the CEO of a brain-implant company sees as the industry's biggest problem.
Although its user base is smaller, Truth Social had a higher valuation than X earlier this year when its stock price shot up.
The U.S. can’t remain the leading global economy if it doesn’t let its citizens become financially stable.
During recessions companies lay people off, automate their jobs, and never hire them back.
As President-elect Donald Trump fills out his administration, the industry hopes for crypto-friendly appointees.
The ex-Secretary of Defense said Trump's policies could propel the economy but might send the national debt soaring even higher.
Adam Silver said fans can find women’s sports more easily after decades of it being considered an afterthought by media companies.
Pompeo said it was critical the West be seen as having beaten Putin. “I’m very hopeful President Trump will see that imperative.”
A grandson of industrialist baron Andrew Mellon, he once railed against federal entitlements, which he said make Black people “belligerent.”
Goldman Sachs expects a 20% increase in M&A activity next year.
Voters who were concerned about the economy did what they so often do—punish the incumbent party.
The stock has often moved in sync with former President Donald Trump’s political prospects.
The majority of bets went for Trump, with $1.3 billion wagered on the former president and $827 million on Harris.
Meta's plans for a new data center were scuttled by environmental complications.
The dollar, Treasury yields, and Bitcoin fell on Monday after a closely watched poll over the weekend showed Harris with a lead in Iowa.
For decades, Google had an ironclad grip on internet search. Now OpenAI, the startup synonymous with AI, senses an opening.
Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.
Altman has known the Reddit founders since they were in the first class at Y Combinator, the famed startup accelerator he would go on to lead.
The stock has had a 270% increase over the last month since from its all-time low.
After surging almost 300% from its all-time low, TMTG’s share price means it’s now one of the most valuable social media companies in America.
The DA’s office questioned whether the winners were even chosen at random.
In recent weeks, prediction markets have shifted heavily in favor of Donald Trump, while voter polls show him tied with Kamala Harris.
Investors swarmed Trump Media over the last month in the hopes of cashing in on Donald Trump’s election odds, but a bloodbath may be coming.
Trump Media stock had its two biggest trading weeks ever, as the stock soared from an all-time low in September.
Across Wall Street, investors see a Trump win as increasingly likely. They’re governing their portfolios accordingly.
As the first installment of the popular franchise was wrapping, it ran into financial problems.
Should Trump lose again, efforts to overturn the election will be much better funded this time around.
After surging in the polls after Harris’s dramatic entry into the race, the election tightens.
Under Trump, Social Security’s trust fund would run out three years earlier than currently projected, according to the Committee for a...
The increase in their wealth also exceeds the entire market cap of CVS, Target, and Capital One.
The former President said he recently spoke to the Apple CEO about the roughly $15 billion in fines the EU issued against the company.
The two companies each hired a major investment bank to negotiate how big Microsoft’s share in OpenAI will be after its $14 billion investment.
Three companies brokered a complex deal to build Donald Trump’s Truth Social. How they’re all involved is a mystery even to them.
During an appearance at Fortune’s Most Powerful Women Summit, Bird reflected on which skills from her playing career served her best in the “real...
After spending months in the hospital recovering from a debilitating stroke, Rachel Romer started to think about how she could improve health care...
AI assistants are “too agreeable” and can’t replicate the very human dynamic of a good-natured discussion, Babak Hodjat, chief technology...
After making the scientific breakthrough that led to contemporary AI programs, Hinton frets that he “can’t see a path that guarantees safety.”
The beloved reality television personality says she looks for certain qualities and doesn’t skimp on rewards. “You pay peanuts, you get...
After taking over the family company in 2020, CEO Chrissy Taylor is dead set on expanding the company beyond car rentals.
Danita Johnson compared the MLS to the WNBA because both leagues are in the midst of a period of massive expansion.
Executives are focusing on specific use cases that can be made more efficient by AI.