Money, Wealth & Power—A Daily Look at the Financial World
Boeing has finally put hard numbers behind its long-promised turnaround, logging its strongest year of jet deliveries since 2018 and signaling that its industrial recovery is gaining real traction. After years of crisis and production setbacks, the company has pushed output back to levels that matter for airlines, investors, and rivals alike. The comeback is…
JetZero has just secured a war chest that would make most climate-tech startups blink, raising $175 million to push a radically different airliner shape from sketchpad to sky. The Long Beach company is betting that a blended-wing body can cut fuel burn so sharply that even entrenched giants like Airbus and Boeing will have to…
Paramount has escalated its fight over Warner Bros by hauling a rival studio into court, accusing it of hiding crucial details about a blockbuster sale to Netflix. At the heart of the clash is a claim that Warner Bros kept Paramount in the dark on basic financial information while pushing ahead with a multibillion dollar…
Amazon is no longer content to dominate only the digital aisle. Its latest move, a sprawling big-box experiment outside Chicago, signals a direct assault on Walmart’s core territory of weekly stock-up trips and one-stop household shopping. By scaling up to a footprint that rivals or exceeds traditional supercenters, Amazon is turning physical retail into the…
Two veterans of Citadel and Point72 have secured a striking $200 million commitment to launch a new hedge fund seeded by Squarepoint Capital, underscoring how aggressively the industry is still willing to bankroll proven quantitative talent. The new firm, led by Tomohiro Yamaguchi and Takeo Serizawa, instantly joins the top tier of start‑ups by capital…
The partnership that created Apple’s sleek titanium credit card was supposed to fuse Silicon Valley design with Wall Street muscle. Instead, it has ended in a complicated split, with Apple shifting its flagship card away from Goldman Sachs and into the arms of JPMorgan’s Chase unit. The breakup exposes how hard it is to bolt…
Artificial intelligence has become the defining theme of this market cycle, and investors are scrambling to identify which companies will actually convert the hype into durable profits. In that debate, technology investor Glen Kacher is staking out a clear position, arguing that Google’s parent Alphabet is best placed to emerge as the dominant long‑term winner….
Google’s latest deal to power Siri with its Gemini artificial intelligence looks, at first glance, like a win for iPhone owners who want smarter features without switching platforms. Under the surface, however, Google’s quiet but relentless pressure on Apple’s business model is setting up a cost squeeze that is likely to land in users’ wallets….
Agentic AI is moving from hype to infrastructure, and commerce is where the shift is most visible. By aligning Google’s search-scale reach with Shopify’s merchant network, the new Universal Commerce Protocol promises to let software agents shop, compare, and check out across the open web as easily as a human in a single app. If…
Google is turning artificial intelligence into a new kind of checkout layer, collapsing search, recommendation and payment into a single conversational flow that sits on top of retail apps and websites. Big names like Walmart, Kroger and Papa John are already wiring their storefronts into this system, betting that shoppers will increasingly let AI do…