AI chipmaker Cerebras files to go public after scrapping IPO plans last year

[ad_1] Cerebras, a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.” Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing. Revenue grew nearly 76% from 2024, when the company had a $485 […]

What this real-world oil price says about the level of stress in the energy market

[ad_1] A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in […]

JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets

[ad_1] JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence. Dimon in his annual letter to shareholders, published Monday, noted the country’s 250th anniversary as “the perfect time to rededicate ourselves to the values […]

Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says

[ad_1] Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach […]

Trump officially nominates Kevin Warsh as Fed chair to replace Jerome Powell

[ad_1] Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next […]

Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks

[ad_1] Salesforce CEO Marc Benioff during the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares tumbled 5% in extended trading on Wednesday after the customer service software maker reported healthy results, although its fiscal 2027 revenue view trailed Wall Street projections. Here’s how the company […]