
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.

Big Business This Week: Oracle soars as it cashes in on the AI boom
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?

Why are Marvel movies losing more money, lately?
Ever since Disney paid $4 billion for the Marvel franchise in 2009, their movies have been making less and less money. What’s going on?

Gotta Collect 'Em All: Pokémon Cards Outperform Wall Street
Pokémon cards aren’t just a nostalgic hobby, they’ve quietly become one of the best-performing investments of the past two decades.

Novo Nordisk Slashes Jobs Amid Lilly Pressure
Novo Nordisk is laying off 9,000 employees, about 11% of its global workforce, as it faces intense competition in the booming weight-loss drug market.

Klarna Makes a Splash: Swedish Fintech Surges in IPO Debut
Klarna’s shares jumped 15% in their New York Stock Exchange debut Wednesday, closing at just above $45 after pricing at $40.

OpenAI’s $300B Cloud Splurge Supercharges Oracle
OpenAI has reportedly committed to spending a staggering $300 billion on Oracle’s cloud services over five years starting in 2027.

Ellison Overtakes Musk: Oracle Co-Founder Tops Billionaire List
Oracle co-founder Larry Ellison became the world’s richest person Wednesday after a surge in Oracle stock pushed his net worth to $393 billion.

Cracker Barrel Pauses Restaurant Remodels After Logo Drama
Cracker Barrel has officially paused all restaurant remodels after customer backlash to its sleek new logo and updated design.

iPhones, AirPods & Watches, Oh My! Apple Unveils New Products
Apple had a big day Tuesday, unveiling a fresh batch of gadgets — and yes, there are four new iPhones in the mix.
