SoFi Stock: Best Views of SoFi Earnings. Fintech raises revenue forecast for 2026.
SoFi Technologies (SOFI) on Tuesday reported third-quarter earnings and revenue that beat Wall Street targets, as its membership grew by 1.2 million, also beating views. SoFi stock rose amid rising revenue forecasts for the full year. The fintech company…
SK Hynix Q3 Profit Far Beats Estimates on AI Memory Increase
South Korean chipmaker SK Hynix released its third-quarter results on Wednesday, posting a record quarterly profit that significantly beat estimates while announcing more than $25 billion in dividends and buybacks. Here are SK Hynix’s third-quarter…
Frontier AI Labs claims its models disproved the exponential time hypothesis. What does this mean?
OpenAI has released solutions to three blockbuster math problems that have long vexed researchers. One of them was the surprise rejection of the exponential time hypothesis (ETH), an enduring hypothesis in computer science that plays an important role in…
Banks eye $21 billion in bonds for Broadcom chip financing deal
(Bloomberg) — Banks plan to sell about $21 billion of investment-grade bonds starting early next year as part of a $63 billion financing plan that Broadcom Inc. has put in place to help finance chips for AI developer Anthropic PBC. Most read on…
US consumers pay 8 times more on fuel than rest of world, report finds
The war in Iran continues to weigh on Americans’ wallets, costing them more in fuel than consumers in any other country in the world, new data shows. While President Donald Trump says the cost of war will be justified by economic prosperity, his…
‘No human at the helm’: Delaware plan would allow AI agents to run entire companies
Citing Patibanda-Sanchez’s announcement, Comer wrote that an AI-managed business would provide “the human or entity capitalizing the AIC with liability protections against potential harm to business partners, consumers, and the public,…
Anthropic IPO warns its AI could blackmail people, become sentient and end humanity
Many of these larger customers “are not subject to long-term contracts with us,” Anthropic writes. This means they could reduce their spending on Anthropic’s models at any time, either due to a shift to competing models, complete reliance on AI, or…
Alaska Airlines adds new nonstop routes from Anchorage
ANCHORAGE, Alaska (KTUU) – Starting next summer, Alaska Airlines will launch four new nonstop routes from Anchorage. On May 13, Alaska Airlines will launch a daily seasonal route between Ted Stevens Anchorage International Airport and Narita…
Cheerios presents a Ziploc sealed cereal bag. Finally.
From the “We sent a man to the moon but we can’t (do something simple)” department comes news that Cheerios is boldly going where no cereal has gone before: a resealable Ziploc bag. The company’s announcement of the move Tuesday…
Google to report third-quarter results as investors focus on AI growth, weigh Meta Muse AI risk
Google (GOOG, GOOGL) will report its third-quarter results after the bell on Wednesday, as Wall Street prepares for a deluge of news about the health of the AI business. Investors are oscillating between worry and exuberance about the future of AI and…