Grab Boosts Earnings Forecast on Robust Ride, Delivery Demand

Grab Holdings Ltd. raised its annual earnings and sales forecasts, a sign that robust demand from Southeast Asian commuters is helping to absorb impact of higher fuel prices stemming from the Middle East conflict.

By Olivia Poh

Palantir forecasts greater demand from US groups for its AI software

Tech company posts second-quarter results with US sales climbing 23%

‘This quarter was otherworldly’: Palantir earnings surge past expectations

Shares soar as yearly revenue up 93%, even as opposition grows to company’s role in Trump immigration agenda In a sea of companies reporting mixed financial results this quarter, Palantir stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics company reported that its overall revenue grew 93% year over year to $1.94bn. That’s well over the $1.8bn Wall Street expected Palantir to bring in for the se...

By Johana Bhuiyan

After years of debate, former COVID response coordinator acknowledges pandemic source 'probably a lab leak'

Ashish Jha says he now believes COVID-19 likely originated from a lab leak at the Wuhan Institute of Virology, reversing his earlier position.

Big Tech's Anthropic and OpenAI stakes are distorting the corporate earnings picture

If you were to strip out Big Tech's investment gains from private AI companies, the earnings story is a lot less bullish.

US tech giants invited to discuss AI security tests at White House

Technology giants Meta and Anthropic will be among the companies invited to the White House on Tuesday to discuss a voluntary framework under which America’s leading artificial intelligence (AI) developers could give the government early access to their most advanced models for testing their hacking capabilities. Reuters reported on Monday that the Trump administration has finalised the details of voluntary cybersecurity tests ‌to measure the hacking capabilities of the most advanced American...

By Lucy Quaggin

Palantir’s stock gains as AI drives turbocharged growth

Companies are turning to Palantir for greater autonomy over their AI models and data, according to CEO Alex Karp.

By Christine Ji

'Great grass': Trump plugs Scotts Miracle-Gro, a company that he says did the White House a favor

Trump said Scotts Miracle-Gro does "great grass." Chip Somodevilla/Getty Images Trump promoted Scotts Miracle-Gro from the Oval Office Monday, saying it does "great grass." He said he had to give the company a "plug" because it did the White House lawn for free. Trump's endorsement of private businesses has raised government ethics concerns. President Donald Trump promoted yet another product this week: "great grass" from the company he said replaced the White House lawn free of charge. Spe...

UFC owners reveal how much money was ultimately lost staging UFC White House card in June

The UFC still saw an increase of revenue despite losing money on the UFC White House card

TKO Raises Investor Guidance Again as UFC and WWE Flex Muscle With Fans and Marketers

TKO posted another strong quarter fueled by strong demand from fans and marketers for UFC and WWE events. The parent company of the two leagues surpassed the Street’s expectations on revenue and adjusted earnings before interest, taxes, depreciation and amortization with its second quarter results released Monday. TKO raised its full-year revenue guidance by another […]

By Cynthia Littleton

OpenAI, Anthropic, Google and Meta to join White House AI security meeting

TKO Raises Guidance Again in Q2 Earnings Report

The UFC and WWE owner had the UFC White House event and Wrestlemania while its On Location business had the FIFA World Cup in the quarter.

By Alex Weprin

Meta, Anthropic, Google, OpenAI to meet Trump officials about AI safety testing

Anthropic and OpenAI disclosed in recent days that their AI tools breached the systems ‌of ‌other companies, stirring concerns among U.S. lawmakers.

Onsemi forecasts upbeat revenue on surging AI data center chip demand

Palantir outlines 2026 revenue of $8.15B-$8.158B as U.S. commercial guidance rises above $3.424B

The White House: Trump’s extreme makeover

Gold, gold everywhere

By The Week US