Key PointsAt a recent conference, the CEO of Pimco said that he sees a risk of AI company debt reaching a point where it’s “too much” and in case of a downturn, “things are going to break.”
Jensen Huang resigned as Nvidia's (NASDAQ: NVDA) chief executive this morning amid controversies over his personal conduct and questions about whether Nvidia's chips reached China through a customer in Singapore.
In early trading on Thursday, shares of Honeywell International topped the list of the day's best performing Dow Jones Industrial Average components, trading up 7.5%. Year to date, Honeywell International registers a 42.2% gain.
And the worst performing Dow component thus far
NFLX's rising content spending is testing its free cash flow outlook, even as strong cash generation and a packed holiday slate support growth prospects.
CoreWeave's Q3 revenues grew 168% on robust AI demand and favorable pricing, while a $132.5B backlog and accelerated capacity expansion fueled its 2026 outlook.
Tesla's Texas robotaxi fleet has edged past Waymo's, but can its rapid expansion translate into higher utilization, reliable rides and a profitable business?