After four years, Olivia Rodrigo traded pop-punk for moody 1980s new wave, recruited Robert Smith of The Cure, and dared her fanbase to follow. The reviews say the gamble paid off.
Prometheus emerged with a $12 billion round at a $41 billion valuation to build an ‘artificial general engineer.’ It’s Bezos’s first CEO job since Amazon, and his line about one-earner households is the lightning rod.
Amazon took a $17.5 billion bank loan two days after a record $10 billion bond sale. The world’s richest tech companies can no longer pay for AI out of pocket, and Wall Street is bankrolling a $570 billion debt machine.
A $75 billion raise at a $1.75 trillion valuation, 4x oversubscribed, $100 billion in retail orders. SPCX starts trading on Nasdaq today. The catch: you’re buying a company that lost $4.27 billion last quarter.
Record revenue, a $638 billion backlog, 93% cloud infrastructure growth. And Wall Street punished Oracle harder than any day in years, because investors finally did the math on what serving OpenAI actually costs.
For the first time ever, FISA Section 702 lapses at midnight after the House fails to extend it. The reason has nothing to do with privacy and everything to do with Trump putting a housing official in charge of 18 spy agencies.