American Express raised its 2026 earnings guidance and will cut about 5% of its workforce, but its own release shows a one-time stake-sale gain and a lower tax rate drive most of the good news.
Moderna fell 17.6% after leaked Phase 3 melanoma data, and the 38% distant-spread cut trails the 59% from…
Meta approved non-voting Class C shares as third-quarter free cash flow fell to negative $2.12 billion.
Stocks, indices, and the macro tape
J.B. Hunt earned $1.82 a share, a penny above its lowered range. Costs rose…
Penske Automotive goes private at $212. Mitsui's filing shows it supplies $1.6 billion of…
CoreWeave's CEO says its $104 billion backlog more than covers its debt. Its Q2…
Liquidia's $380.7 million settlement is a net figure: United Therapeutics also pays to end…
The race to build — and regulate — intelligent machines
Product, platform, and the shape of the Internet
GTCR and Elliott will pay $7.75 a share for CCC, four cents below Advent's…
Hackers heated freezers at hundreds of French supermarkets to 50C. A Danfoss bulletin from…
The KOSPI closed down 5.46% at 6,035.35 as Samsung fell 7.39% and SK Hynix…
Vance's claim that Microsoft replaced each laid-off worker with 1.5 foreign workers counts H-1B…
SpaceX is buying the 800 MHz band T-Mobile sold to Grain Management in August…
Micron's Taoyuan union voted 99% to authorize a strike. Its 15% profit-share ask is…
Deals, earnings, and corporate strategy
Ledger's own reseller page still lists CryptoBilis. Bitquery counts $102 million drained from 324 wallets, and Ledger has halted sales in seven Asian markets.
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Every major index, currency, commodity, and the 20 biggest cryptos — all on one page.
Open the Tape →Arguments, essays, and deep dives
Robert Hall and Michael Woodford won the 2026 Nobel in economics. The committee's explainer says Woodford's model can call for rate hikes in an energy shock.
Digital assets, tokenization, and the on-chain economy
Regulation, geopolitics, and capital in Washington
Data centers, chips, and the plumbing of AI
A BlackRock-backed consortium is in exclusive talks for Stack's Asia-Pacific data centers at up…
Cornelis raised $205 million to attack Nvidia's interconnect lock-in. The $1.68 billion waste figure…
Cloudflare's Accountable designation decides which AI crawlers keep reading your site. Microsoft holds it…
The Office of Strategic Capital would make its largest ever loan to Fluidstack, funding…
Microsoft's reported 38 gigawatt capacity target has been written up as an announcement. The…
Oracle reports first-quarter fiscal 2027 results on Thursday, and nearly every preview written this…
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