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Nicoletaionescu | Istock | Getty ImagesIt is tech’s biggest question, and there is a wide range of takes on every side.With artificial intelligence-driven spending leading to record deals and valuations, seemingly everyone is weighing in on the AI boom — and potential bust.Economic bubbles happen with a rapid rise in market values and asset prices in a specific area, often fueled by speculation, followed by a crash during which money is quickly taken out.More than 1,300 AI startups now have valuations of over $100 million, with 498 AI “unicorns,” or companies with valuations of $1 billion or more, according to…
Check out the companies making headlines in after-hours trading. Netflix — The streamer dropped more than 4% after it missed Wall Street’s earnings estimates . For the third quarter, Netflix reported earnings of $5.87 per share. Analysts polled by LSEG expected $6.97 per share in profit. The company’s revenue of $11.51 billion for the period matched analysts’ estimates. Netflix attributed its weaker-than-forecasted results to an ongoing dispute with Brazilian tax authorities. Western Alliance — The regional bank gained more than 3% on better-than-expected earnings for the third quarter. Western Alliance earned $2.28 per share on revenue of $938 million. Analysts…
The Mattel, Inc. logo is displayed outside the headquarters of the toy company known for products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023.Patrick T. Fallon | AFP | Getty ImagesBarbie-maker Mattel posted third-quarter results after the market close on Tuesday that missed analysts’ expectations as ongoing global tariffs continue to hamper the toy manufacturer’s sales in North America.Shares of the company fell 4% in after hours trading.Here’s what Mattel reported for its third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 89 cents adjusted…
Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCMicrosoft CEO Satya Nadella is getting a big bump in his compensation, as the company’s stock price has continued to rally, propelled by the boom in artificial intelligence. Nadella’s total pay for fiscal 2025 climbed 22% to $96.5 million from $79.1 million last year, Microsoft said in a proxy filing after the close of regular trading on Tuesday. That includes more than $84 million in stock awards and over $9.5 million in Nadella’s cash incentives.The pay…
Plans to stage Barcelona and Villarreal’s league match in Miami have been cancelled, LaLiga has confirmed.The controversial fixture was set to be played at the Hard Rock Stadium on December 20, which would have made it the first European league match in history to be staged overseas. But amid heated criticism, including scathing comments from Real goalkeeper Thibaut Courtois on Tuesday, LaLiga has shelved its plans.A statement read: “Following discussions with the promoter of the official LaLiga match in Miami, the latter has announced its decision to cancel the event due to the uncertainty surrounding Spain in recent weeks.”LaLiga deeply…
ATLANTA (AP) — Federal prosecutors on Tuesday brought charges against a Georgia man who was arrested a day earlier by police after his family contacted authorities saying he planned a shooting at Atlanta’s international airport.Billy Joe Cagle, 49, threatened to “shoot up” the world’s busiest airport on a FaceTime call while driving, abruptly ending the call after saying, “I’m at the airport, and I’m gonna go rat-a-tat-tat,” prosecutors said in a news release.Atlanta police arrested Cagle, of Cartersville, on Monday at Hartsfield Jackson Atlanta International Airport and found an assault rifle and ammunition in his truck outside, Chief Darin Schierbaum…
Cheng Xin | Getty Images News | Getty ImagesDraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called DraftKings Predictions.Railbird is licensed by the Commodity Futures Trading Commission to offer an event contracts exchange. DraftKings targeted the company for its team and proprietary technology. “We are excited about the additional opportunity that prediction markets could represent for our business,” DraftKings CEO Jason Robins said in a statement to CNBC. “We believe that Railbird’s team and platform—combined with DraftKings’ scale, trusted brand, and proven expertise in mobile-first products—positions us to win in…
The most successful people have morning routines that set them up for greatness. Data shows that the way you structure the start of your day can have significant effects on your energy, creativity and happiness.Arthur Brooks, a professor who teaches a class about managing happiness at Harvard and author of a happiness column for The Atlantic, has a set of practices that he can pick and choose from each morning to boost his mood for the rest of the day.”I have used all of my background in behavioral science, and everything I’ve learned about biology as well, to put together…
Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty ImagesNFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future of Six Flags Entertainment Corp.Jana announced on Tuesday that it has partnered with Kelce, consumer executive Glenn Murphy and technology executive Dave Habiger in an investment group that now holds an economic interest of roughly 9% in the amusement park operator.Shares of Six Flags shot up…
CHICAGO (AP) — President Donald Trump’s attempts to deploy the military in Democratic-led cities — over the objections of mayors and governors — has brought a head-spinning array of court challenges and overlapping rulings.As the U.S. Supreme Court ponders whether to clear the way for the National Guard in Chicago, a federal appeals court is hearing arguments in California Gov. Gavin Newsom’s challenge to the deployment of troops in Los Angeles. Guard troops could also soon be on the ground in Portland, Oregon, pending legal developments there. Here are some things to know about legal efforts to block, or deploy,…