Takeaways
Jersey Mike’s IPO is almost here.The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get…
Elon Musk sat down with The Economist’s editor in chief Zanny Minton Beddoes on Thursday for a wide-ranging interview, covering everything from superintelligent AI to his controversial stint in government.Musk, the world’s richest person, is the CEO of Tesla and SpaceX and owns the social media platform X, where he…
Google’s latest earnings call offered a familiar message: AI is driving growth, and it’s also getting more expensive.On Wednesday, Alphabet reported second-quarter revenue of $119.8 billion, up 24% from a year earlier, while Google Cloud posted another blockbuster quarter as enterprises raced to adopt AI. At the same time, executives…
