Nintendo Swap 2 powered a $39 billion inventory rally this yr

Nintendo Swap 2 powered a  billion inventory rally this yr

Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches … Read more

The winner of FIFA’s Membership World Cup will get greater than bragging rights. $1 billion is on the road.

The winner of FIFA’s Membership World Cup will get greater than bragging rights.  billion is on the road.

The debate that roiled soccer fans for generations was also its most unanswerable: Which clubs, on which continents, played the best soccer? Unlike national teams that played one another in the quadrennial World Cup, there was rarely overlap between the top teams in Europe and South America, or North America, except for summertime “friendly” competitions. … Read more

Scale AI founder Wang pronounces exit for Meta a part of $14 billion deal

Scale AI founder Wang pronounces exit for Meta a part of  billion deal

Alexandr Wang, CEO of ScaleAI speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBC Scale AI founder Alexandr Wang told employees in a memo on Thursday that he’s leaving for Meta, confirming reports from earlier in the week about his departure and a large … Read more

U.S. funds deficit hit $316 billion in Might

U.S. funds deficit hit 6 billion in Might

The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023. Saul Loeb | Afp | Getty Images The U.S. government drifted further into red ink in May, with a burgeoning debt and deficit issue getting worse, the Treasury Department reported Wednesday. After running a short-lived surplus in April thanks … Read more

Zuckerberg makes Meta’s largest wager on AI, $14 billion Scale AI deal

Zuckerberg makes Meta’s largest wager on AI,  billion Scale AI deal

Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters Mark Zuckerberg is so frustrated with Meta’s standing in artificial intelligence that he’s willing to … Read more

GM to take a position $4 billion in U.S. vegetation, transfer Mexico-produced SUV

GM to take a position  billion in U.S. vegetation, transfer Mexico-produced SUV

UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced … Read more

OpenAI hits $10 billion in annualized income fueled by ChatGPT progress

OpenAI hits  billion in annualized income fueled by ChatGPT progress

OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025 conference in Seattle, May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI has hit $10 billion in annual recurring revenue less than three years after launching its … Read more