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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading....

Meta Forecasts 73% Jump in 2026 Capex, 40% Rise in Expenses
Meta Platforms on Wednesday reported fourth-quarter revenue of $59.8 billion, up 24% from a year earlier, exceeding its own forecasts of $56 billion to $59 billion. The company also outlined ambitious...

Tesla Discloses $2 Billion xAI Investment as Profit, Revenue Continue to Fall
Tesla has agreed to invest $2 billion in xAI, the electric automaker said on Wednesday, further deepening ties between the two Elon Musk-led companies. Tesla disclosed the investment alongside its fou...

Tesla says production-ready Optimus robot is coming soon
In its earnings report, Tesla says that the third-generation version of its Optimus humanoid robot "meant for mass production" will be unveiled in the first quarter of 2026. This new version o...

Microsoft reports strong cloud earnings in Q2 as gaming declines
Microsoft just posted the second quarter of its 2026 fiscal financial results. The software maker made $81.3 billion in revenue and a net income of $30.9 billion during Q3. Revenue is up 17 per...

Tesla hits a grim milestone: its second straight year of decline
Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk's $1 trillion effort to transform his company into a leader in AI and robotics. ...

Mastercard Launches Accreditation Program for UK FinTech Sponsors
Mastercard has introduced a new accreditation framework designed to streamline market entry for financial-technology startups in the United Kingdom, according to a Jan. 15 press release. Th...

Coinbase prediction markets go live in all 50 US states via Kalshi
The full rollout comes after an earlier limited launch and as prediction markets are seeing record levels of activity and revenue....

Optimism Voters Approve OP Buyback Plan Tied to Superchain Revenue
The Optimism community reached a quorum authorizing a yearlong program to convert Superchain revenue into OP purchases starting in February....

Spotify says it paid out $11 billion in royalties in 2025
Today, Spotify announced that it had paid out more than $11 billion to the music industry in 2025. It's an impres...