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What a Family Business Taught e.l.f. Beauty’s CEO
The Wall Street Journal20d agoneutral
What a Family Business Taught e.l.f. Beauty’s CEO

Conventional wisdom would say no. But over the last 12 years, e.l.f. Beauty CEO Tarang Amin has done it, and on this week’s episode of WSJ Leadership Institute Presents: Leaders, he shares how. “Everything I know about cash flow, economic profit, how you treat people, really came from those early days building up our family business like that,” Tarang told me.

War Is Helping Chinese EVs Upend the Global Car Market
The Wall Street Journal20d agoneutral
War Is Helping Chinese EVs Upend the Global Car Market

One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. The crisis in the Middle East is helping them export their way out of trouble: Chinese carmakers are sending excess supply to overseas markets, where high gasoline prices are prompting more drivers to buy EVs. The market share of traditional carmakers is the big casualty.

Bloomberg20d agoneutral
JPMorgan Strategists Raise S&P 500 Target as AI Capex Pays Off

(Bloomberg) -- JPMorgan Chase & Co. strategists raised their S&P 500 Index forecast for a second time in two months, citing strong corporate earnings and the payoff from massive artificial intelligence spending. Most Read from BloombergIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’China Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Hold Near Record Highs, Oil Ticks Higher: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says

Forkast News20d agoneutral
Anthropic Locks In $10B European Compute Bet With a Seven-Month-Old Startup

Anthropic is establishing its first dedicated European AI compute footprint, marking a significant geographic expansion in the race for sovereign-grade processing power. The company has reportedly entered into a six-year, $10 billion compute capacity agreement centered on a 133 MW data center in Norway. This deployment, operated by Bitdeer Technologies Group at its Tydal campus […]

Timken (TKR) Is Down 8.1% After Raising 2026 Outlook And Reshaping Leadership Team
Simply Wall St.20d agoneutral
Timken (TKR) Is Down 8.1% After Raising 2026 Outlook And Reshaping Leadership Team

In early August 2026, The Timken Company reported second-quarter results showing higher sales but lower earnings, reaffirmed and raised its full-year 2026 outlook, completed a US$47.97 million share buyback tranche, and declared a US$0.36 quarterly dividend payable on August 28, 2026 to shareholders of record on August 18, 2026. Alongside these financial updates, Timken reshaped its leadership team with new executive vice president roles for a chief commercial officer and chief operating...

Nvidia (NVDA) Commits $5 Billion To Take A Bigger Role In AI Infrastructure
Simply Wall St.20d agoneutral
Nvidia (NVDA) Commits $5 Billion To Take A Bigger Role In AI Infrastructure

NVIDIA (NasdaqGS: NVDA) is committing US$3b to energy-focused firm Lancium and a further US$2b to Firmus' Project Southgate to support AI data center infrastructure. The combined US$5b investment extends NVIDIA's role from supplying chips to taking equity and project finance positions in large scale AI compute projects. These projects are aimed at the foundational infrastructure layer that powers AI data centers and the wider AI factory ecosystem. NVIDIA is only one of several companies...

As GTA VI pre-orders break records, investors still need one answer
TheStreet20d agoneutral
As GTA VI pre-orders break records, investors still need one answer

Take-Two Interactive (TTWO) just got a demand signal that most companies would rush to celebrate. Instead, management slammed on the brakes. CEO Strauss Zelnick said pre-orders for Grand Theft Auto VI have reached levels neither Take-Two nor the broader videogame industry has seen before, Reuters ...