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SpaceX, OpenAI and Anthropic Race to Go Public14:25 SpaceX, OpenAI, and Anthropic, giants of the artificial intelligence sector, are rushing to test investor appetite in the stock markets. The Banks That Won a Piece of SpaceX’s Colossal I.P.O.13:53 Across Wall Street, bankers have been clamoring to lead what is expected to be the biggest-ever initial public offering. Walmart, Target and TJ Maxx Attract Shoppers Squeezed by Energy Prices13:21 The retailers reported a rise in sales, even as high fuel prices because of the war in Iran drive up the cost of everyday goods. Experimental Drug Yields Dramatic Weight Loss12:49 People who got the injection, retatrutide, lost 28 percent of their body weight on average after 80 weeks, Eli Lilly said. Samsung Averts a Walkout With Big Bonuses, but Discord Over A.I. Profits Brews12:17 Samsung Electronics, a global memory chip supplier, has been a major beneficiary of the A.I boom. It has also become the center of a debate over how to divide its spoils. British Politics Is Obsessing Over the Bond Market. Here’s Why.11:44 Britain is facing another round of turmoil in government leadership, jolting debt investors who were already on high alert over inflation. Bluesky Says Kremlin Is Hacking Its Platform to Spread Propaganda11:12 The company said it was fighting Russian efforts to hijack real users’ accounts to post fake content, an apparently novel tactic. Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn’t Want It.11:12 The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China. China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.6:25 Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments. Elon Musk’s SpaceX Pulls Back the Curtain on Its Finances23:27 Mr. Musk’s rocket and satellite maker disclosed its financial performance for the first time, as it prepares to go public in what is set to be one of the largest offerings to date. TSA Pushes to Expand Private Security at Airport Checkpoints23:27 Driven in part by the chaos of the last shutdown, the government is expanding efforts to use private security staff instead of federal employees at more airports. Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam23:27 The chip maker said its profit in its most recent quarter jumped 211 percent from a year ago thanks to extreme demand from other big technology companies. Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting20:47 A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook. Jeff Bezos Praises Trump’s Second Term as ‘More Mature’20:15 The Amazon founder and owner of The Washington Post also rejected the idea that he has made changes at his companies to gain favor with the president. Barney Frank, Gay Pioneer and Liberal Stalwart in Congress, Dies at 8616:31 Often voted the “brainiest,” “funniest” and “most eloquent” member of the House, he was also the first to come out voluntarily and helped normalize being openly gay in public office. |
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