Business and Finance

Software experiencing ‘most exciting moment’ as AI fears hammer stocks

Salesforce CEO Marc Benioff appears at the US-Saudi Investment Forum at the Kennedy Center in Washington on Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Box CEO Aaron Levie says that in the 20-year history of his cloud software vendor, “this is the most exciting moment we’ve ever had.” Wall Street doesn’t see […]

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Trump’s critical minerals quest is linked to AI ambitions

Artificial intelligence has swept the U.S. into a high-stakes quest for dominance that has wide-ranging implications. The intense rivalry isn’t solely a battle for the best technology and most brilliant innovations. Commodities have become a front in this new Cold War. Specifically, minerals that serve as key inputs to electric vehicles, defense systems and other

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Eli Lilly gaining in GLP-1 market over Novo Nordisk, earnings show

The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters It’s a tale of two drugmakers in the red-hot obesity drug market.  Both Novo Nordisk and Eli Lilly are grappling with lower prices in the U.S., but their 2026 outlooks are diverging sharply: While Novo is bracing for a sales decline,

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Corporate DEI index sees 65% drop in participation from Fortune 500

People hold flags outside the US Supreme Court on December 4, 2024 in Washington, DC, during oral argument on whether states can ban certain gender transition medical treatments for young people.  Roberto Schmidt | AFP | Getty Images New research from the LGBTQ+ group Human Rights Campaign showed a drastic drop in Fortune 500 companies

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Treasury’s Bessent is called Trump ‘flunky’ by Democratic lawmaker

Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to

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AMD’s Lisa Su addresses guidance concerns as stock plummets 15%

Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand over the last two to three months. Shares tanked 13% Wednesday. “What I would tell you from someone on the inside is AI is accelerating at a pace that I

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