A wave of selling swept through technology stocks Thursday afternoon, driven by investor fears that the rapid pace of artificial intelligence innovation is disrupting traditional business models faster than companies can adapt. The sell-off was broad, hitting everything from cloud infrastructure to enterprise software names.
Prominent investor Gary Black argues a potential merger between Tesla and SpaceX lacks financial and strategic logic for Tesla shareholders, citing excessive dilution and divergent business models, despite recent market speculation driving Tesla's stock higher.
Electronic Arts has forged a multi-year partnership with Stability AI, securing a strategic stake in the James Cameron-backed firm. The deal aims to develop bespoke AI tools for game creation, even as industry fears over job displacement loom large.
Micron Technology's shares surged over 45% in January, driven by insatiable AI-driven demand for high-bandwidth memory (HBM). With 2026 supply already sold out and earnings projected to quadruple, the chipmaker is strategically pivoting to cement its lead in a tightening market.
A wave of selling pressure hit the software sector Wednesday morning, dragging down shares of prominent firms like Five9, Rapid7, and SentinelOne. The downturn reflects a broader market pivot as investors reassess traditional SaaS models in favor of businesses with deeply integrated artificial intelligence capabilities.
A wave of selling pressure swept through the software sector Wednesday morning, dragging down shares of prominent SaaS providers. The sell-off reflects a broader market pivot as investors reassess traditional software models in the age of artificial intelligence.
The parent company of popular West Coast chain Cream files for bankruptcy, highlighting the economic pressures squeezing dessert shops despite modest industry growth.
The Walt Disney Company announces Josh D'Amaro, current head of parks and consumer products, will take the CEO reins from Bob Iger in 2026, while Dana Walden ascends to Chief Creative Officer, marking a pivotal leadership transition for the entertainment giant.
A wave of selling pressure hit the software sector Wednesday morning, dragging down shares of several prominent firms. The sell-off appears driven by investor concerns over AI's disruptive potential and a strategic shift toward companies seen as having stronger AI-integrated business models.
Beyond its round-the-clock service and status as an informal disaster barometer, Waffle House remains a fiercely private, family-run empire. We trace its ownership from a 1955 Atlanta suburb to the present day, examining how the Rogers family maintains control and culture in a fast-food world.
CEC Entertainment announces leadership transition, with Scott Drake succeeding David McKillips to steer the family entertainment giant's next phase of growth and international expansion.
The iconic New York bakery appoints former Jamba and Jimmy John's executive Nathan Louer to lead its next growth phase, while longtime leader Bobbie Lloyd transitions to chief brand officer.
As Netflix eyes a blockbuster acquisition of Warner Bros. Discovery, industry analysts warn that antitrust scrutiny, not competition from Paramount Skydance, presents the most formidable challenge to the deal's completion.
The Walt Disney Company has named Josh D’Amaro as its next Chief Executive Officer and Dana Walden as President and Chief Creative Officer, finalizing a long-awaited succession plan. The moves, effective March 18, position two seasoned insiders to lead the media giant into its next chapter as Bob Iger transitions to a senior advisory role.
Diamond Hill Capital's latest investor letter reveals the Large Cap Fund's Q4 2025 results, highlighting Capital One Financial as a key performer despite the fund's overall cautious stance on AI-fueled market rallies.
Nintendo's Switch 2 has sold over 17 million units since its June launch, officially making it the company's most successful console debut. While the new hardware soars, sales of the original Switch model have seen a significant decline.
Diamond Hill Capital's Large Cap Fund added Wix.com to its portfolio in Q4 2025, positioning the web development platform as a fundamentally sound investment despite recent stock weakness and a cautious view on AI hype.
The Austin-based fitness franchisor, backed by actor Mark Wahlberg, has reached a settlement in a class-action lawsuit. Shareholders alleged the company inflated its growth prospects prior to its 2021 public listing, which was followed by a steep decline in value and its removal from the NYSE.
Merck & Co. reported solid fourth-quarter revenue growth driven by its blockbuster cancer drug Keytruda, but the pharmaceutical giant forecasts a slowdown in earnings growth as it absorbs billions in costs from recent acquisitions aimed at diversifying its pipeline ahead of Keytruda's patent expiration.
As The Walt Disney Company prepares to report earnings, CNBC's Jim Cramer places the media giant under scrutiny, highlighting persistent challenges in its streaming business and theme park operations that investors will be watching closely.
