Stocks
Reddit crushes revenue and earnings estimates, issues strong guidance
Reddit reported second-quarter results that beat expectations, with earnings per share of $1.25 versus the 95 cents estimated, and revenue of $805 million versus...
General
Goldman Sachs scraps DEI criteria for its board as the business case for boardroom diversity only grows more compelling
Goldman Sachs is scrapping diversity, equity, and inclusion criteria for its board, about a year after eliminating diversity goals for its workforce. This move...
General
Amazon dethrones Walmart as No. 1 on the Fortune 500. There’s a big upside to their rivalry
Amazon has overtaken Walmart to become the largest U.S. company by revenue, posting $716.9 billion for 2025 versus Walmart's $713.2 billion. This marks a...
General
CEOs who despised Trump’s tariffs are still silent after Supreme Court ruling: ‘There’s no upside in speaking up’
The U.S. Supreme Court struck down Donald Trump's use of emergency powers to impose tariffs, but the president immediately reinstated them under Section 122...
Economy
The viral ‘Ghost GDP’ essay predicting a devastating AI doom loop is a warning to CEOs as they decide how much work to automate
A viral essay titled "The 2028 Global Intelligence Crisis," co-authored by James Van Geelen of Citrini Research and AI entrepreneur Alap Shah, describes a...
General
Trump dodges mention of tariff refunds in State of the Union speech
FedEx became the first major company to sue the Trump administration for a full tariff refund, citing injury from the tariffs in a complaint...
General
Bilt’s new AI ‘Neighborhood Concierge’ goes head-to-head with Amazon as the battle for home-based commerce heats up
Bilt launched its AI-powered concierge service this morning, allowing its 5.5 million members to reserve, pay and earn points across different services without logging...
Forex
You’ve lost the CEO succession race. Here’s your multi-million dollar bonus
When Disney selected Josh D'Amaro to succeed Bob Iger as CEO, the company awarded rival Dana Walden a $5.26 million stock grant plus annual...