AI chip maker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion. ...

Market Overview - US stocks exhibited mixed performance as Wall Street evaluated a new wave of earnings while awaiting Alphabet's results, with a notable shift from tech stocks to blue-chip names [1] - The Dow Jones Industrial Average rose approximately 0.6%, while the S&P 500 decreased by 0.3%, and the Nasdaq Composite fell over 1% [1] AI Impact on Stocks - Wall Street is grappling with fears of AI disruption, leading to a significant sell-off in software stocks that affected global markets, including Europe and Asia [2] - The broader pessimism surrounding AI has prompted a rotation from high-profile tech stocks to value stocks, negatively impacting companies like Nvidia and Microsoft [2] Upcoming Earnings Reports - Attention is focused on the upcoming earnings results from Alphabet and Arm Holdings, particularly regarding AI demand, followed by Amazon's quarterly report [3] Earnings Expectations - JPMorgan indicated that even strong earnings reports may not suffice to reassure the market unless companies can demonstrate that AI will act as a tailwind rather than a headwind [4] - Advanced Micro Devices experienced a sharp decline in shares due to a weak sales outlook, raising concerns about its competitiveness against Nvidia in the AI sector [4] Labor Market Insights - An ADP report revealed that employers added only 22,000 jobs in January, significantly below the expected 45,000, highlighting potential weaknesses in the labor market [5] Pharmaceutical Sector Performance - Eli Lilly's stock surged following a positive profit forecast for 2026, driven by increased demand for its weight-loss drugs [6] - Conversely, shares of Novo Nordisk plummeted after the company projected a significant decline in sales, surprising investors [6]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The company’s economics are improving, as mobility leads profits, delivery is now a durable business and Uber One plus advertising are boosting margins and stability.The mobility platform says AV adoption will be uneven and slow, but believes its platform can scale AVs without hurting human-driven demand.The mobility landscape, as its name implies, is constantly moving.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, ...

Core Insights - The company, Tianrong Internet Products and Services, Inc. (TIPS), has launched a strategic initiative to create an AI Inference Marketplace aimed at providing decentralized access to GPU compute for AI applications [1][2] Market Opportunity - The demand for AI inference and training compute is expected to surge starting in 2026, driven by the rise of agentic AI systems and enterprise adoption, while centralized cloud providers face rising costs and supply constraints [2] - The global AI inference market is projected to grow from approximately $106 billion in 2025 to $255 billion by 2030, with a compound annual growth rate of about 19% [5] - Decentralized and distributed cloud compute markets are anticipated to reach $10–15 billion by 2030, driven by GPU shortages and the need for cost-effective alternatives [5] Decentralized AI Compute Model - TIPS' AI Inference Marketplace will allow individuals and organizations to rent out idle GPUs, potentially reducing inference costs by 50–80% compared to centralized providers [3][4] - The initiative aims to democratize access to advanced AI capabilities by transforming dormant consumer hardware into productive infrastructure [4] Implementation Strategy - The company plans a phased rollout to quickly validate demand and scale efficiently [5] - Initial launch includes a lightweight web application for AI inference workloads, utilizing established open-source frameworks [7] - Revenue will be generated through a 5–10% transaction fee, with premium tiers for enhanced performance [7] Community and Network Effects - Early growth efforts will target gaming, developer, and AI communities on platforms like Reddit, Discord, and X [7] - The platform is expected to evolve into a blockchain-enabled marketplace, incorporating token-based incentives and governance [7][8] Strategic Outlook - The entry into AI inference and decentralized compute represents a transformative opportunity for TIPS, aligning the company with a rapidly growing segment of the technology economy [9] - The company anticipates providing updates as development milestones are achieved and partnerships are formalized [9]

Key Takeaways ACGL's net premiums earned are expected to rise 2.2% to $4.2B, aided by rate increases and growth. ACGL's investment income is expected at $398.5M as solid operating cash flow expands the invested asset base. ACGL may see higher expenses, but prudent underwriting could improve the combined ratio. Arch Capital Group Ltd. (ACGL) is expected to register an improvement in both top and bottom lines when it reports fourth-quarter 2025 results on Feb. 9, after the closing bell.The Zacks Consensus Est ...

Key Takeaways WBS will be acquired in a $12.3B cash & stock deal by SAN, pending regulatory and shareholder approvals.Webster shareholders to receive $48.75 cash plus 2.0548 ADS, valuing shares at $75.59.SAN expects $800M in annual pre-tax cost synergies and EPS accretion of about 7-8% by 2028.Webster Financial Corporation (WBS) has agreed to be acquired by Spanish banking giant Banco Santander S.A. (SAN) in a cash-and-stock deal valued at about $12.3 billion. The transaction, expected to be closed by the s ...

Trump Says He Talked With China's Xi About Taiwan, Russia, Oil, and More - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Trump Says He Talked With China's Xi About Taiwan, Russia, Oil, and MoreBy [Reshma Kapadia]ShareResize--- ReprintsPresi ...

Core Insights - ElevenLabs has raised $500 million at an $11 billion valuation, significantly increasing from its previous valuation of $3.3 billion after a $180 million Series C round in January 2025 [1] - The funding round was led by Sequoia Capital, with participation from existing investors like Andreessen Horowitz and Iconiq, as well as new investors including Lightspeed Venture Partners, Evantic Capital, and Bond [1] Company Overview - Founded in 2022, ElevenLabs is a London-based AI startup that initially focused on AI text-to-speech models and has since expanded into speech-to-text, sound effects, dubbing, music, and conversation [2] - The company provides products that enable enterprises to deploy voice and chat agents, along with a platform for brands and creators to generate and localize audio, with notable clients including Time and Nvidia [2] Financial Performance - ElevenLabs reported over $330 million in annual recurring revenue for 2025, driven by enterprise adoption from companies such as Deutsche Telekom and Revolut [3] - The recent funding is aimed at enhancing the company's capabilities beyond voice technology, with aspirations for an IPO [3] Future Plans - The company intends to broaden its offerings to creators, allowing businesses to develop agents that can talk, type, and take action [4] - ElevenLabs plans to continue its international expansion, with offices in Europe, Brazil, Mexico, India, South Korea, Japan, and the U.S. [4]

Maybe making a decision that he doesn't want to go back into the administration. Given what's going on with the administration. I have no inside information on that, although I talked to Steve on Friday and he said he had a lot of questions running through his mind about what he wanted to do next.He is going to be staying on the Fed until a successor to that seat is confirmed, which is likely going to be Kevin Warsh. But I don't think he knows what he's going to do after that. Now, if you've been chairman o ...