As incoming CEO Jason Bonfig prepares to take the reins, he told CNBC he’s focused on expanding the company’s reach and enhancing the customer experience....
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness....
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company reported second-quarter results....
China was once Nike’s fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands....