
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


Polymarket Dives into Perpetual Futures Rivaling Kalshi
Polymarket announced it is expanding into trading of perpetual futures contracts, escalating a heated rivalry with Kalshi.

SpaceX Strikes Blockbuster Deal with A.I. Coding Startup Cursor
SpaceX has struck a deal with AI coding startup Cursor, securing the right to acquire the company for $60 billion later this year.

Intercontinental Exchange “Goes Bullish” on Prediction Markets
Intercontinental Exchange, the parent company of the New York Stock Exchange, plans to invest up to $2 billion in Polymarket.

Markets, Mayhem, and the Fed: What Q4 Could Bring
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond

Fifth Third to Acquire Comerica in $10.9B Deal
Fifth Third Bancorp announced it will acquire Comerica in a $10.9 billion all-stock deal, creating the ninth-largest U.S. bank with $288 billion in assets.

Cerebras Backtracks on IPO, Cites Rapid A.I. Growth and Strategy Shift
Cerebras CEO Andrew Feldman acknowledged the company mishandled communication around its IPO withdrawal last week.

Dan Schulman Named Verizon CEO as Company Chases New Growth Era
Verizon has appointed former PayPal CEO Dan Schulman as its new chief executive, replacing Hans Vestberg, who will stay on as an advisor through 2026.

Tesla’s Mysterious Teasers Spark Rumors of a New Car
Tesla shares surged over 5% following the release of teaser videos on X, hinting at a potential new car launch.

GMC's Next Chapter: EVs, Hybrids, and What's Driving the Future
Jaclyn McQuaid, Global VP at GMC, shares what’s ahead as the brand shifts gears toward EVs and hybrids—and how innovation is fueling their next era.

Swift Strikes Gold at the Box Office
Taylor Swift’s The Official Release Party of a Showgirl dominated the weekend box office with a $33 million U.S. debut and nearly $46 million worldwide.

Hollywood in Tariff Trouble
President Trump’s call for a 100% tariff on films made outside the U.S. has rattled Hollywood and global trade allies.
