With a market cap nearing $2 trillion, Meta Platforms is leveraging massive AI investments to drive user engagement and ad revenue, positioning itself as a prime candidate to join the elite $3 trillion valuation club alongside tech titans like Nvidia and Microsoft.
While Uber aims to deploy autonomous vehicles in 15 cities by year-end, CEO Dara Khosrowshahi emphasizes they will complement, not replace, human drivers, citing current technological and infrastructural limitations.
Defying recent Wall Street skepticism over soaring AI investments, Meta Platforms' robust earnings report, fueled by a 24% jump in ad revenue, has vindicated CEO Mark Zuckerberg's aggressive capital expenditure strategy and delighted investors.
Pinterest's fair value estimate sees a modest downward revision as Wall Street weighs near-term advertising softness against the long-term potential of its AI initiatives. The evolving narrative highlights the platform's challenge in balancing current macro headwinds with future innovation.
Analysts have modestly raised the fair value estimate for Helios Towers (LSE: HTWS) to £2.10 per share, reflecting a nuanced reassessment of the telecom infrastructure firm's risk profile and growth trajectory.
Aviation services giant AAR has significantly expanded its maintenance, repair, and overhaul (MRO) facility in Oklahoma City, adding over 80,000 square feet and creating 200 jobs. The move deepens a key partnership with Alaska Airlines and underscores the industry's shift towards digital, efficient operations.
At its recent AI Summit, Cisco Systems unveiled a multi-pronged strategy to cement its role in enterprise AI infrastructure, deepening its alliance with Nvidia and launching a new partner program. In a significant move for its European operations, the company also secured a 15-year renewable energy agreement to power its Polish data centers, directly linking its AI growth to sustainable power sourcing.
As AI becomes deeply embedded in finance and daily workflows, new surveys from Workiva, Cisco, and Wiingy reveal a critical juncture: while benefits are clear, unchecked adoption by employees and uneven organizational readiness are amplifying risks, placing data governance at the top of the CFO's agenda.
Mastercard is set to roll out a suite of agentic AI tools to its merchant network by late June, accelerating the race to automate and personalize digital commerce amid growing industry investment and security debates.
As AI agents evolve from research assistants to fully autonomous shoppers, e-commerce giants face an existential challenge: adapt their platforms or risk becoming mere backend fulfillment for a new generation of AI-driven marketplaces.
Facing unprecedented growth driven by data centers and population influx, the Tennessee Valley Authority announces its largest-ever capital program to add 6.2 GW of new generation, aiming to balance booming industrial demand with stable rates for all customers.
The iconic Seattle-based outdoor retailer Eddie Bauer is closing the vast majority of its physical stores in the U.S. and Canada as part of a Chapter 11 bankruptcy restructuring. The brand's future will lie in e-commerce and wholesale under a new partnership, marking a seismic shift for a century-old staple of the outdoor industry.
A newly released Justice Department recording captures Jeffrey Epstein and former Israeli PM Ehud Barak discussing "gigantic" sums paid to Tony Blair for advisory work, raising questions about post-political financial dealings.
Following a market sell-off triggered by Google's AI game-building demo, Take-Two Interactive's leadership defends the irreplaceable role of human creativity in blockbuster titles like GTA 6, while outlining their own strategic adoption of generative AI tools.
GenLogs, a startup founded by former CIA and State Department officers, has secured $60 million in Series B funding. The company is applying intelligence community techniques to combat fraud in the fragmented $3 trillion trucking industry by providing a visual, sensor-based record of what carriers actually do, not just what they claim.
Pacific Gas & Electric and technology partner Itron are advancing a strategic collaboration focused on grid-edge intelligence. The initiative aims to bolster grid reliability, integrate renewable energy, mitigate wildfire risks, and support California's growing electric vehicle ecosystem.
Wolfe Research upgrades Broadcom to 'Outperform,' citing its pivotal role in Google's expanding TPU program and broader AI infrastructure demand, setting a $400 price target despite recent market volatility.
Industrial components maker Kadant Inc. (KAI) has finalized a €157 million deal to acquire Austrian precision parts manufacturer voestalpine BÖHLER Profil, a key supplier for over three decades. While the acquisition strengthens Kadant's consumables-focused strategy and secures critical patented technology, executives caution that accounting complexities and existing inventory will dilute earnings through much of 2026 before margin benefits materialize.
Palantir Technologies' blowout Q4 2025 earnings have reignited bullish sentiment, pushing shares higher even amid a tech selloff. While CEO Alex Karp's aggressive growth forecast for 2026 captivates the market, analysts question whether the stock's stratospheric valuation can be sustained.
DA Davidson has lowered its price target on Palantir Technologies (PLTR) from $215 to $180, maintaining a Neutral rating. The firm acknowledges Palantir's strong AI-driven growth but warns its valuation has reached unprecedented levels following a post-earnings surge.
