Andreessen Horowitz Invests in Legal AI Startup Harvey at an $8 Billion Valuation
Harvey develops generative AI products aimed at automating legal work. Source: Original
Meta Projects Increasing Expenses, Takes One-Time Tax Charge
Meta Platforms said it expects total expenses to significantly increase in 2026, and the company will continue to spend at…
Market May Be OK With Meta’s Spending: Neuberger’s Flax
Daniel Flax, Neuberger Berman senior research analyst, reacts to Meta Platforms earnings and spending plans. He speaks on “Bloomberg Markets:…
Big Tech Earnings, Powell Casts Doubt on Rate Cuts | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld,…
Trump’s Russia Oil Sanctions Face Early Test in China Meeting
Ukraine and its allies have called on Donald Trump to pressure Xi Jinping over China’s support for Russia. Trump’s meeting…
Prudential Posts Record Quarterly Profit, Boosted By Investments
Prudential Financial Inc. reported a record quarterly profit that beat analysts’ estimates, driven by a 10% rise in net investment…
JPMorgan Joined by About 20 Banks on $20 Billion EA Buyout Debt
Bank of America Corp., Citigroup Inc. and Morgan Stanley are among about 20 banks that have joined a $20 billion…
Microsoft Reports Spike in Data Center Spending, Results Don’t Meet High Hopes
Microsoft reported a steeper climb in spending than Wall Street expected, fueling anxieties about the high costs of providing AI…
The Warnings Before the Hurricane
Island countries understood that a day like this would come. Source: Original
Geert Wilders’s Party for Freedom Loses Seats in Dutch Election
A center-left party was poised to become the country’s largest political party, according to exit polls. The anti-immigrant Party for…