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Cris Tolomia

Cris Tolomia

Quartz

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Anthropic's CFO is leading early IPO meetings but has not talked valuation

Krishna Rao is leading the preliminary sessions, which have focused on Claude models and enterprise strategy rather than specific financials

yesterday 1

Quartz

Cris Tolomia

DeepSeek is raising AI developer access prices by up to 1,100% starting Sunday

The Chinese AI startup will introduce peak and off-peak billing for its V4-Flash and V4-Pro models, replacing a single flat rate

yesterday 1

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Cris Tolomia

StubHub posted record revenue thanks to the World Cup — but still couldn't turn a profit

The ticket reseller's costs climbed 37% in the second quarter, wiping out gains from a 33% revenue surge

yesterday 1

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Cris Tolomia

Warren and Democrats are demanding Trump reveal who's managing his stock portfolio

A 17-page letter sent Wednesday cites more than 30 transactions that preceded favorable government announcements or presidential statements

yesterday 1

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Cris Tolomia

Google is launching a new lower-cost AI model for coding while its flagship model remains delayed

Gemini 3.7 Flash arrives three weeks after the previous Flash update, at half the price, as Google has yet to release a promised update to its larger...

yesterday 1

Quartz

Cris Tolomia

Databricks raised $5 billion at a $190 billion valuation as AI agent demand soared

The data and AI company also crossed a $7 billion revenue run rate, growing more than 80% year over year in its second quarter

yesterday 1

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Cris Tolomia

OpenAI is replacing its revenue chief for the second time in a year ahead of its IPO

Dali Rajic, the former president and COO of Wiz, will take over as OpenAI prepares for a potential IPO

yesterday 1

Quartz

Cris Tolomia

10 AI tools that will actually save you hours every week — and how to use each one

These 10 AI productivity tools handle meetings, scheduling, research, and writing automatically, freeing up real hours in a working week without...

yesterday 1

Quartz

Cris Tolomia

15 things you can sell on Etsy right now that people are actually buying

Here are 15 things to sell on Etsy right now, from personalized jewelry to digital planners that shoppers are actually buying

yesterday 2

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Cris Tolomia

The best road trips along Route 66 — America's most iconic highway, ranked

A stretch-by-stretch guide to the best Route 66 road trip segments across eight states, from Chicago's Navy Pier to the Santa Monica Pier

yesterday 3

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Cris Tolomia

Steve Eisman warned that the AI boom's fate rests on OpenAI and Anthropic

Eisman said OpenAI and Anthropic account for roughly 70% of AI-related revenue at Microsoft, Amazon, Google, and Oracle

yesterday 2

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Cris Tolomia

Lettuce prices posted their biggest recorded monthly plunge as cyclospora scared off shoppers

The 16.4% monthly decline was the largest ever recorded for lettuce in the consumer price index, but few shoppers rushed to buy

yesterday 4

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Cris Tolomia

Apple is in talks to pay publishers for news content to power its new AI Siri

The company has discussed a nine-figure budget for a variable compensation plan that would pay publishers when their content is used

yesterday 3

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Cris Tolomia

Mexico pushes for lower auto tariffs in USMCA talks

Mexico's proposal would apply U.S. tariffs only to non-North American vehicle content, potentially lowering the effective rate to 5% or 10%

yesterday 2

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Cris Tolomia

Krispy Kreme is teaming up with Pokémon to launch a 6-doughnut collection for its 30th anniversary

The limited-time lineup includes doughnuts inspired by Pikachu, Bulbasaur, Charmander, Squirtle, and Jigglypuff, plus a Poké Ball doughnut

yesterday 3

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Cris Tolomia

Anthropic's investors are targeting a $2 trillion IPO that would be the largest in history

The AI company's backers expect its annualized revenue to reach $100 billion to $120 billion by year-end, more than 10 times its level at the start of...

yesterday 3

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Cris Tolomia

Starbucks Korea swung to a loss after a marketing scandal tanked its summer sales

The coffee chain's operator posted an 18.4 billion won operating loss in Q2, reversing a 40.3 billion won profit from a year earlier

yesterday 3

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Cris Tolomia

Ford is moving Lincoln production out of China and back to the U.S. by 2030

The Lincoln Nautilus, currently subject to a 52.5% U.S. tariff, is the main vehicle Ford imports from China

yesterday 4

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Cris Tolomia

U.S. budget deficit surged to a July record as tariff refunds drag on revenues

The 10-month fiscal 2026 deficit has already surpassed the full-year 2025 shortfall, with 2 months still remaining

yesterday 3

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Cris Tolomia

Nebius stock soared after its AI cloud revenue surged more than 450%

The AI cloud company posted $582 million in revenue for the second quarter, well ahead of Wall Street's estimate of $570 million

yesterday 3

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Cris Tolomia

American Airlines is overhauling its leadership team as its profit gap with rivals widens

CEO Robert Isom acknowledged a "meaningful gap" between current performance and where the airline should be, calling the moves a "first step"

yesterday 3

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Cris Tolomia

US jobless claims climbed by 9,000 last week to 209,000

The 4-week moving average held steady at 199,000, while continuing claims fell by 22,000 to 1.78 million

yesterday 3

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Cris Tolomia

Ondas posted record revenue that more than doubled analyst expectations and raised its full-year forecast

The autonomous systems company's revenue more than tripled sequentially and grew more than 13-fold from a year earlier

yesterday 1

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Cris Tolomia

Wholesale inflation up 4.7% over the past year, BLS says

The Producer Price Index for final demand was flat month-over-month, as a drop in energy prices offset a rise in services

yesterday 1

Quartz

Cris Tolomia

Gas and diesel prices are setting records for this time of year — and there's no relief in sight

The national average for regular gas hit $4.03 a gallon on Wednesday, the highest ever recorded this late in the calendar year

yesterday 4

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Cris Tolomia

Anthropic is in talks to buy AI infrastructure startup Decart for $6 billion

The deal would be Anthropic's largest known acquisition and comes as the Claude maker prepares for an IPO

yesterday 3

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Cris Tolomia

Lenovo's adjusted profit surged past expectations on AI hardware demand

The Chinese PC maker posted record quarterly revenue of $26.9 billion, far exceeding analyst expectations of $22.3 billion

yesterday 2

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Cris Tolomia

Bill Ackman is buying Netflix again — and adding five more stocks to his portfolio

The hedge fund also disclosed new positions in Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon

yesterday 1

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Cris Tolomia

SpaceX stock climbed back above its IPO price after a fresh Starlink satellite launch

CEO Elon Musk held an all-hands meeting where he outlined AI ambitions and cited 22 million Starlink mobile subscribers

yesterday 4

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Cris Tolomia

Phoebe Gates reportedly knew shopping app Phia was stealing affiliate credit for months

Internal Slack messages show Phoebe Gates and Sophia Kianni were aware of the practice as far back as December, contradicting the company's public...

yesterday 3

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Cris Tolomia

Brent, WTI drop 2% as oil demand concerns outweigh supply risk

Oil futures retreated Thursday even as the U.S.-Iran war continues, with traders focused on falling demand rather than supply disruptions

yesterday 1

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Cris Tolomia

Cerebras raised its full-year outlook — and the stock sank after hours

The AI chip company beat earnings estimates and lifted its 2026 revenue outlook, but shares fell sharply in extended trading

yesterday 2

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Cris Tolomia

Cisco posted record quarterly results and strong guidance — but the stock sank

The networking company posted $17.25 billion in quarterly revenue and guided well above Wall Street expectations for the year ahead

yesterday 10

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Cris Tolomia

American Airlines' AI is kicking passengers off connecting flights they could still catch

The airline's AURA system has been automatically reassigning seats before passengers miss their connections, with no human override at the gate

previous day 1

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Cris Tolomia

Americans' credit card debt surged to $1.26 trillion, nearing an all-time record

Balances rose $21 billion in the second quarter, leaving total card debt just shy of the $1.28 trillion peak set late last year

previous day 2

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Cris Tolomia

Google launched Pixel 11 with agentic AI weeks before Apple ships a Gemini-powered Siri

The Pixel 11 series starts at $899 and puts Gemini Intelligence at its center, arriving as Apple prepares a Gemini-powered Siri overhaul this fall

previous day 2

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Cris Tolomia

Meta is heading to trial against 29 states over claims it addicted kids to social media

Jury selection began Wednesday in Oakland; potential damages could approach Meta's $1.5 trillion market cap

previous day 3

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Cris Tolomia

Trump is being sued over his Truth Social paywall

The lawsuit, filed Wednesday in federal court in Manhattan, alleges the paid early-access service violates the First and Fifth Amendments

previous day 3

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Cris Tolomia

Wendy's stock surges as Nelson Peltz's Trian prepares take-private bid

The activist firm is working with BlueFive Capital and franchisee Flynn Group on a proposal expected in the coming weeks

previous day 1

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Cris Tolomia

Bob Iger and Joshua Kushner agreed to buy the Los Angeles Lakers for a record $12.5 billion

The deal surpasses the $10 billion valuation set when Mark Walter bought a controlling stake in the team less than a year ago

previous day 3

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Cris Tolomia

FAA's gamer recruitment drive breaks air traffic controller hiring records

The FAA has hired more than 2,000 candidates through the campaign and reached 94% of its fiscal year hiring goal

previous day 3

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Cris Tolomia

10 inventions that came out of trying to survive extreme heat

These inventions born from extreme heat, from Gatorade to the pith helmet, show how people engineered survival in the world's hottest climates

previous day 0

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Cris Tolomia

The best — and most affordable — alternatives to Barcelona in 2026, ranked

Affordable alternatives to Barcelona are easier to find than ever in 2026, and these 10 cities deliver similar beaches, food and architecture for a...

previous day 4

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Cris Tolomia

Goldman Sachs is buying options-income ETF specialist NEOS in a $2.25 billion deal

The deal will push Goldman's total ETF assets to about $130 billion and make it a top-eight active ETF manager

previous day 2

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Cris Tolomia

Home Depot's CEO is taking a medical leave of absence, with two executives stepping in

Ann-Marie Campbell and Richard McPhail will oversee operations while Ted Decker recovers; the company expects his return within a few months

previous day 3

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Cris Tolomia

Former OpenAI product chief is raising $150 million for a new AI science startup

Kevin Weil is seeking a valuation of at least $750 million for the new venture, which is focused on gathering scientific data for AI models

previous day 5

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Cris Tolomia

Stocks rose after CPI matched forecasts. CoreWeave jumped 21% on AI demand

CoreWeave and Super Micro Computer earnings lifted AI-linked stocks, while cooling inflation reduced pressure on the Fed to raise rates

previous day 2

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Cris Tolomia

NYC Council is investigating Polymarket, Kalshi, and rivals over deceptive marketing

Council Speaker Julie Menin sent letters to four prediction market platforms, seeking answers about practices that may target minors

previous day 2

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Cris Tolomia

Bank of America is deploying $250 billion to finance U.S. data centers and energy infrastructure

The bank's Critical Infrastructure Finance Initiative targets digital, energy, and core infrastructure projects through July 4, 2027

previous day 3

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Cris Tolomia

A prototype Microsoft Xbox Elite controller leaked with a tiny built-in screen

A Reddit user claimed to have bought the non-functional prototype for $200 on OfferUp before the post was removed

previous day 4

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Cris Tolomia