Shares of Alibaba (NYSE:BABA) rose over 7% in pre-open trading Friday following a rumor that the company would make a 10%, or $1 billion, investment in AI company DeepSeek. The China tech giant ...

Allstate said this week that it expects to lose $1.1 billion due to the Los Angeles fires, making it the second major insurer to announce the financial impact of the country’s single most costly ...

Don’t bet against the Super Bowl. At least $1.39 billion is expected to be legally wagered on Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs, according to new data ...

Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire ...

The company is close to $1 billion in cumulative quantum computing signings. While it could take a decade or more, IBM is well positioned for the commercial viability of quantum computing.

For those keeping score at home, those wagers are set to pay out $1.68 million and $1.575 million, respectively, if they cash. DraftKings took $300,000 from a single bettor spread across three ...

the more significant headwinds in the said quarter were from a 3% annual loss of $1.1 billion on foreign exchange returns, driven by a broad-based strengthening of the U.S. dollar against foreign ...

Even after the Biden administration had paused the shipment of 2,000-pound bombs, the White House was working on another $1 billion sale to Israel. Josh Paul, who resigned from the State ...

leaving him worth $248 billion. Meta stock is on a record winning streak, boosting its market value to $1.78 trillion. Zuckerberg is third on Bloomberg's rich list, but only $12 billion behind ...

In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. (GeekWire File Photo / Todd Bishop) Amazon beat Wall Street ...

Aston Martin is rumored to have offered Max Verstappen a staggering $1.2 billion contract. The Silverstone-based squad has tried to refute these claims since. On the other hand, Verstappen has not ...

ConocoPhillips sent its investors $9.1 billion last year via dividends and share repurchases. It's targeting to return $10 billion to shareholders in 2025. The oil company enhanced its ability to ...