Fossil (FOSL) Q3 2026 Results
Fossil group released quarterly results on Tuesday that could indicate the first signs of a turnaround for the historic watchmaker. The company, which has struggled to compete with new gadgets in the years since its sales and stock price peaked in the…
Anthropic’s 7 founders will each take in around $250 million in their IPO
As Anthropic heads toward a massive IPO that could value it at $1.4 trillion, the company disclosed a disclosure in its new S-1 filing about how many shares each of its seven co-founders plans to sell. Each will sell 3,378,378 shares. Anthropic offered…
Kraft Group seeks to build cluster of data centers in central Massachusetts, officials say
The Sutton proposal would dwarf the Westfield project. When fully completed in 2033, the Kraft data center would consume 900 megawatts of electricity, enough to power a large city. Given the political wind blowing against the construction of data…
CoreWeave (CRWV) Third Quarter 2026 Earnings Report
CoreWeave reported better-than-expected quarterly revenue and raised its forecast for 2026 on Tuesday, showing that demand for artificial intelligence infrastructure remains strong despite fears of a market slowdown. The stock rose slightly in extended…
SpaceX sets date for critical spacecraft flight 15, forecasts tower captures
Elon Musk and SpaceX have announced a planned launch date for the highly anticipated Starship Flight 15 mission. The mission includes plans to lead SpaceX’s first attempt to catch the spacecraft. SPCX stock fell early Tuesday but quickly rebounded,…
Chip Stock Drop Nears $5 Trillion As Nvidia Hits Most Extreme Sales Level Since 2019
It took five minutes for Tuesday’s inflation report to send stocks lower, and chip stocks struggled to maintain an early rebound. Nvidia (NVDA) hasn’t sold off this hard, this quickly since 2019, but the typical S&P 500 stock is barely…
New York Fed: Credit Card Debt Hits Record $1.29 Trillion
Americans are increasingly turning to credit cards as financial pressures mount, according to new reports. Collectively, credit card balances climbed $22 billion in the third quarter to a record $1.29 trillion, according to the Federal Reserve Bank of…
Nvidia is down 30% from its peak. History says this is what happens next.
Since the all-time high reached about a month ago, Nvidia (NVDA -6.57%) lost 30% of its value and lost its status as the most valuable company in the world. This isn’t the first time Nvidia stock has fallen. Based on its historical performance,…
Amazon unveils Ring robotics: an indoor flying drone and a Rover Cam
Amazon introduced the Ring Drone Cam and Ring Rover Cam on Tuesday. (Amazon) Amazon showed off a homeland security drone made by Ring, offering a flying camera to monitor areas that stationary devices can’t reach, the company announced Tuesday. The…
Amazon’s Ring launches security robots, including a drone
Amazon’s Ring has launched a homeland security drone, the company announced Tuesday, giving homeowners room-to-room surveillance where a fixed camera can’t reach. The $250 Ring Drone Camera delivers exactly what the product name implies:…