Finance
As tech stocks propel the market to record highs, Wall Street legend Burt Malkiel is glad he invested in Nvidia — but only through index funds.The chipmaker’s share price has surged 12-fold since the start of 2023, supercharging its valuation to an unmatched $4.4 trillion. Malkiel told Business Insider that…
On Thursday, Amazon CEO Andy Jassy scrambled to calm investor concerns over growth at the company’s cloud and AI business.Wall Street wasn’t buying it.Jassy fielded tough analyst questions about AWS growth and its position in the AI race. The stock tumbled 7% in after-hours trading, weighed down by disappointing profit…
Figma went public on Thursday at a $19.3 billion valuation, three years after Adobe was set to acquire the design company for almost the same amount. By market close, Figma’s stock had more than tripled its IPO price, valuing the company at nearly $68 billion, giving many of the company’s…
Our family has always been fairly solidly middle-class. We have all of what we need and a lot of what we want. Although I’ve never gone crazy with loading my grocery cart up with big-ticket items like steaks and lobster, buying food has always been mostly about what my kids…
Meta’s chief AI scientist, Yann LeCun, doesn’t agree with Elon Musk’s latest take on AI development. Like, at all.Musk sparked a conversation about the roles of researchers and engineers at tech companies on Tuesday in an X post. Musk said his AI startup, xAI, would ditch the “researcher” job title in…
2025-07-31T19:43:11Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
Of all the Big Tech CEOs, Meta’s Mark Zuckerberg has been the biggest proponent of making AI more open-source. That’s beginning to change now.Ever since the generative AI boom began in 2022, Meta has made its top Llama models open-weight, which allows developers to fine-tune the model for their own…
Two years ago, I planned a trip to El Salvador for my then-boyfriend and me to celebrate both of our birthdays. I poured my heart into arranging every detail of the holiday. After all, this was one of the few destinations neither of us had visited before, which is rare…
Netflix wants to mature its ad business from infancy to “Adolescence,” and the company just made a key international hire to help boost sales.The streamer recently hired Ed Couchman to lead its UK advertising sales team, Netflix confirmed to Business Insider.Couchman is set to join Netflix later this year from…
It seems like all is well for the US economy — until you take a look under the hood.Neil Dutta, the head of economic research at Renaissance Macro, pointed to a handful of signs in a note this week that suggest the US economy may not be as strong as…
