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Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion

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May 14, 2025
AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say
AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say

Tech companies are focusing on AI products over research, say industry experts, who are sounding the alarm about safety.

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May 14, 2025
Fed's Goolsbee: Data still noisy as Fed waits to understand tariff impacts
Fed's Goolsbee: Data still noisy as Fed waits to understand tariff impacts

The Chicago Fed president spoke on NPR's Morning Edition radio show.

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May 14, 2025
Sony shares rise in choppy trade as PlayStation maker announces $1.7 billion share buyback
Sony shares rise in choppy trade as PlayStation maker announces $1.7 billion share buyback

Sony shares rose over 3.5% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.

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May 14, 2025
Fintech company Chime files for Nasdaq IPO
Fintech company Chime files for Nasdaq IPO

An initial public offering from Chime could help to attract more companies to public markets.

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May 13, 2025
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

American Eagle said it expects sales to decline 5% in its fiscal first quarter after it saw slow demand and steep discounting.

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May 13, 2025
Google is testing AI search on its homepage
Google is testing AI search on its homepage

Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take market share from Google in search.

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May 13, 2025
Microsoft laying off about 6,000 people, or 3% of its workforce
Microsoft laying off about 6,000 people, or 3% of its workforce

It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023.

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May 13, 2025
'We’re living in two separate economies.' Why young Americans feel stuck, financially
'We’re living in two separate economies.' Why young Americans feel stuck, financially

Young American adults are earning more, but rising costs and debt are keeping them from building wealth or hitting key life milestones.

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May 12, 2025
The 10 largest car insurance companies in the U.S.
The 10 largest car insurance companies in the U.S.

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May 12, 2025
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