Business

Nvidia faces down bubble talk with 65% profit leap and 62% jump in revenue

Nvidia reported more eye-catching numbers for its fiscal third quarter Wednesday, with net income jumping 65% and revenue increasing 62% from a year earlier.Last month,...

Fresh off ‘Phantom of the Opera’ viral success, Andrew Lloyd Webber’s music to be managed by The Other Songs and The Orchard

London-headquartered indie music and entertainment company The Other Songs has struck a deal to manage Andrew Lloyd Webber’s catalog in partnership with Sony...

Baby Shark creator Pinkfong’s shares soar, fall back to earth in stock market debut

Pinkfong, the South Korean children’s entertainment company behind the Baby Shark phenomenon, saw its share price soar on its stock market debut on...

Harvard now owns nearly half a billion dollars worth of Bitcoin, filings show

Harvard is home to top intellectuals, famous alumni, and, more recently, a sizable hoard of Bitcoin. The university has more than $442 million...

Meet the 73-year-old who splits his time between Panama and the U.S.: ‘$500 is my cost of living, plus food’

With so many Americans burnt out from U.S. hustle culture and high living costs, expats are finding that Panama is a solution for...

The sound of whistles: Chicago neighborhood leads the way in ICE resistance

Baltazar Enriquez starts most mornings with street patrols, leaving his home in Chicago’s Little Village on foot or by car to find immigration...

AI stocks at center of stormy day on Wall Street, erasing sharp 1.3% drop

An early swoon shook the U.S. stock market on Friday, as Nvidia, bitcoin, gold and other high flyers swung on what’s become an increasingly antsy Wall...

CFOs say AI is transforming finance—but only when strategy leads the way

Good morning. On Thursday, during the Fortune Emerging CFO virtual event in partnership with Workday, leaders discussed how AI is reshaping finance and...

The ‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth

That’s how Jim Morrow, founder and chief investment officer of Callodine Capital, describes the eventual – inevitable – unwinding of what he calls...

Latest articles