Light uses artificial intelligence to automate companies’ finance and accounting functions. Light Danish startup Light is the latest in a series of European tech firms raising cash as venture capitalists search for the next big thing in artificial intelligence. Founded in 2022, Light develops software that uses AI to automate various functions that exist within…
Check out the companies making headlines before the bell: Alibaba — U.S.-listed shares of the Chinese tech company jumped 9.3% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Lithium Americas — The mining stock rose more than 69% after Reuters reported, citing…
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters With the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend. The Morningstar PitchBook US Modern Market…
Check out the companies making the biggest moves midday: Metsera — The biotech company rose 5% after Leerink Partners initiated the stock with an outperform rating and called for the stock to double. “The company’s platform and pipeline of novel obesity peptide-based therapeutics offer key advantages relative to competing assets,” the research firm said about…
Check out the companies making headlines before the bell: Fox Corp. — The media empire fell about 5% following the announcement that the Murdoch family resolved its succession battle, with Lachlan Murdoch winning control of the company. Apple — The iPhone maker dipped 0.4% ahead of the annual Apple event later today, at which several…
An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into Microsoft’s Xbox One video game console. Michael Ciaglo | Bloomberg | Getty Images Call of Duty, one of the most successful video game franchises of all time, will be coming to the big screen with the help of Paramount. The studio announced…
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson…
Mira Murati, Chief Technology Officer of OpenAI (L) and Dario Amodei, Getty Images | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Artificial intelligence startups have minted dozens of new…
Kuaishou’s Kling AI platform generates video from text and still images. Nurphoto | Nurphoto | Getty Images BEIJING — China’s video-heavy entertainment world has yielded a trove of data for companies — and they’re now ramping up money-making artificial intelligence tools for generating ads and film clips. TikTok parent ByteDance holds the first and third…
