Microsoft Is Leaving Investors Flying Blind on Its AI Businesses

From capex to its flagship cloud platform, Microsoft stands out for its lack of transparency.

Banks Fought Against Stablecoins. Now They Are Considering Launching Their Own.

Executives are on the defensive as companies outside of the banking system launch coins.

Meta Settles for $18 Billion

Plus, Nvidia reports and inflation stays elevated.

Investors Brace for Less-Than-Perfect Nvidia Results, Pull Stocks Lower

The major stock indexes edge lower on Wednesday in light trading.

Nvidia Earnings Today: Shares Climb Postmarket After Chip Giant’s Results

Earnings beat expectations for the 15th straight quarter

Siemens Energy Plans to Spin Off Transformation of Industry Unit

The company said it could bring in external investors or undertake a potential capital markets transaction,…

Victory Capital to Buy First Eagle for $7 Billion

Victory Capital Holdings agreed to acquire First Eagle Investments for about $7 billion, a deal the…

The CEO Who Built a Company on a ‘Technical Impossibility’

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The AI Prodigy Who Won Over Silicon Valley—and Lost $45 Billion

Plus, we catch up with pop’s breakout star Olivia Dean and take you behind the scenes…

The Morning Risk Report: Bessent’s D-Day Unlikely to Be Game Changer

Plus: Executives admit FIFA bribes; Canada’s tariff targets.