Databricks completes $5 billion funding round at $134 billion valuation
Databricks is prepared to go public “when the time is right,” CEO and co-founder Ali Ghodsi told CNBC in an interview.
BYD files lawsuit, seeks refund over Trump’s U.S. auto tariffs
The lawsuit, the first by a Chinese carmaker over U.S. tariffs, follows similar complaints by thousands of global companies with U.S. operations.
Digital employees, AI bootcamps: America’s oldest bank is spending billions on tech
The race to integrate artificial intelligence is on among the banks. BNY now has 134 “digital employees,” who work alongside humans.
Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Microsoft, Oracle, Roblox, Robinhood & more
Here are the biggest calls on Wall Street on Monday.
Sam Altman touts ChatGPT’s reaccelerating growth to employees as OpenAI closes in on $100 billion funding
OpenAI CEO Sam Altman told employees that ChatGPT’s monthly growth is back above 10%, as competition ramps up in generative AI.
Meta starts big week in court, with opening arguments beginning in New Mexico, LA trials
Opening arguments begin on Monday in high-profile social media trials in New Mexico and Los Angeles.
D.A. Davidson gets bullish on Open AI and the stocks in its orbit
D.A. Davidson upgraded Oracle to a buy rating from neutral, further reflecting the firm’s optimism regarding OpenAI.
S&P is already predicting China’s property slump will be worse than it expected this year
S&P Global Ratings said China’s primary real estate sales will likely drop by 10% to 14% this year, steeper than the decline predicted back in October.
Stocks making the biggest moves premarket: Oracle, Novo Nordisk, Hims & Hers Health, Kroger and more
These are the stocks posting the largest moves in premarket trading.
Melius Research downgrades Microsoft as its free cash flow comes under pressure
Melius Research’s $430 price target implies that shares of Microsoft coul still add 7% from here.