Business insights and articles written by our team of world-class professionals
TL;DR: Corsair Gaming $CRSR watched its stock surge more than 20% over the last 48 hours to cross $9.80 per share, triggered by an aggressive expansion away from video games and into high-end artificial intelligence infrastructure. The hardware favorite is launching an enterprise division called Corsair PRO to sell deskside
TL;DR: Strategy Inc $MSTR shocked the digital asset world this week by executing a massive $3.5 billion capital restructuring to buy more Bitcoin, while quietly abandoning its famous “never sell” corporate ideology. Executive Chairman Michael Saylor is transforming the enterprise software firm into a highly active, multi-variate hedge fund that
GameStop $GME shocked the market this week by launching an unsolicited $56 billion bid to acquire eBay $EBAY, a move that would transform the video game retailer into a global e-commerce titan. CEO Ryan Cohen is betting $9.4 billion of GameStop’s cash and a massive new stock issuance on a
Big Tech’s latest earnings reports reveal a startling reality: the cost of staying in the AI race has jumped to $725 billion this year. While companies like Alphabet $GOOGL and Microsoft $MSFT are posting double-digit growth, investors are beginning to punish anyone—most notably Meta $META—who suggests that the heavy spending
The trial of the decade begins today in Oakland, California, as Elon Musk and Sam Altman face off in a federal courtroom over the future of OpenAI. While it looks like a billionaire grudge match, the outcome could force a $100 billion restructuring of the AI industry and derail Microsoft’s
Intel $INTC is betting the house on a massive manufacturing reset, posting a $3.7 billion net loss this week despite beating revenue expectations. While the headline loss looks staggering, Wall Street is focused on Intel’s progress in shifting production away from TSMC and back to its own high-tech American factories.
TL;DR: Booking.com and Basic-Fit both confirmed data breaches today, April 13. Booking hasn’t said how many customers were hit or whether payment details were stolen. Basic-Fit says around 1 million members were affected, including 200,000 in the Netherlands whose bank account details were exposed. For investors, the immediate risk isn’t
TL;DR: $JPM drops its Q1 2026 report card on Tuesday, April 14. Analysts expect solid profits, up roughly 7% from last year. But the number everyone’s really watching isn’t profit — it’s whether Americans are struggling to pay their credit card bills. That answer will move markets way more than
