Business news

Business news • Jun 01

These home-builder stocks look cheap after Berkshire’s ‘vote of confidence’ in the sector

After two years of underperformance, most home builders remain profitable and many stocks are trading at relatively low valuations.

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Business news • Jun 01

McDonald's unveils new growth strategy focused on restaurants and menu innovation

McDonald's unveiled a new growth strategy focused on modern and more efficient restaurants, menu innovation and competing more aggressively in chicken,...

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Business news • Jun 01

Load Up on Nuclear Before the Data Center Energy Race Accelerates: These 3 ETFs Cover Reactors, Uranium, and Smart Grid

Nuclear power has become the default answer to a question Wall Street did not expect to ask this decade: where will the electricity for AI come from?

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Business news • Jun 01

Anthropic Files to Go Public, Setting Stage for Huge I.P.O.

Anthropic, the artificial intelligence company behind the chatbot Claude, confidentially filed on Monday for an initial public offering, joining what could...

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Business news • Jun 01

McDonald’s next evolution includes menu, service and technology upgrades

The fast-food giant unveiled the next version of its business strategy, called McDonald's Next, that will aim to make its restaurants a.

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Business news • Jun 01

AI giant Anthropic prepares to sell stock to the public; files preliminary IPO paperwork

The Anthropic IPO, and those of other AI-related firms like OpenAI, could be among the biggest in U.S. history.

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Business news • Jun 01

Water access is now a risk factor in SpaceX’s IPO

The company says it needs "significant" water resources to cool its data centers, and that access to abundant, affordable water is a challenge.

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Business news • Jun 01

McDonald's unveils new global growth strategy to win over diners as competition rises

McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.

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Business news • Jun 01

Bernie Sanders proposes bill to give the public a 50% stake in AI companies

An explainer on Bernie Sanders NYT op-ed arguing that the American public should have ownership in AI companies.

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Business news • Jun 01

McDonald’s Bets on Fancier Chicken, Airier Restaurants to Keep Luring Diners

McDonald's Corp. is betting on everything from fancier chicken to new playgrounds as part of a campaign to make fast food feel less like fast food.

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Business news • Jun 01

Remote work — not AI — has sidelined recent college graduates, research finds

Research from the New York Fed finds that younger college graduates have been sidelined by remote work in recent years, as companies may be reluctant to...

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Business news • Jun 01

Our Next Era of Growth & Productivity: Introducing McDonald’s > NEXT

The following message was sent to the McDonald's System from Chariman and CEO, Chris Kempczinski. Ray Kroc built this company on a simple yet powerful...

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Business news • Jun 01

Jim Cramer Discusses the Analyst Price Target Cut for Ulta Beauty

Ulta Beauty, Inc. (NASDAQ:ULTA) was among the stocks Jim Cramer was focused on, as he discussed Mad Money's latest game plan for the week.

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Business news • Jun 01

Florida sues OpenAI, alleging it’s unsafe for children

Florida is suing OpenAI and its CEO Sam Altman, alleging they know ChatGPT is not safe, especially for minors. The state becomes the first to sue OpenAI...

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Business news • Jun 01

Barry Diller Offers to Buy Rest of MGM in Deal Valued at Nearly $19 Billion

Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn't already own, marking the latest pivot for the billionaire...

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Business news • Jun 01

IBM Shares Surge as Old Clip of Trump Praise Recirculates Online

A nearly six-month old video of Donald Trump praising International Business Machines Corp.'s CEO sent the shares surging as much as 10% on Monday to a...

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Business news • Jun 01

Anthropic files confidential paperwork to go public ahead of OpenAI

Anthropic (ANTH.PVT) on Monday said that it filed confidential paperwork with the Securities and Exchange Commission to go public, beating rival OpenAI...

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Business news • Jun 01

Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy

Berkshire's purchase of homebuilder Taylor Morrison gives the conglomerate a larger foothold in housing and appears to have been struck at a bargain...

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Business news • Jun 01

Anthropic files for its IPO

Anthropic on Monday announced that it has filed confidential IPO papers with the U.S. Securities & Exchange Commission. Why it matters: Three companies...

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Business news • Jun 01

Anthropic files to go public in a potentially trillion-dollar debut

Anthropic on Monday said it filed plans for an initial public offering, setting it up for a share sale that could value the company in the trillion-dollar...

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