16+ hour, 3+ min ago   (286+ words) OpenAI will not pursue an initial public offering in 2026, CEO Sam Altman said, arguing that the company should prioritize artificial intelligence safety and alignment work before moving toward a public listing as revealed during an interview with Fortune. Altman said…...

16+ hour, 15+ min ago   (222+ words) Apollo Global Management is in negotiations to acquire Johnson & Johnson’s DePuy Synthes orthopedics business in a transaction valued at around $20 billion, according to The Wall Street Journal. The discussions remain ongoing, and there is no guarantee they will result in…...

16+ hour, 22+ min ago   (233+ words) I’m relieved and pleased to see Matt Mullenweg return as CEO of Automattic, the largest financial contributor to the WordPress project. Having WordPress’s Co-founder and Project Lead at the helm gives me confidence that their support will remain strong. Matt…...

3+ day, 6+ hour ago   (281+ words) Consensys Software Inc. announced plans to separate into two independently operated companies, MetaMask and Consensys, dividing its consumer financial platform from its protocols and institutional blockchain infrastructure businesses. The separation is expected to be completed by the end of 2026. Under…...

1+ day, 3+ hour ago   (446+ words) RH reported second-quarter 2026 GAAP net revenue of $922.2 million, an increase of 2.6% from the prior year and above the high end of the luxury home furnishings company’s guidance. The growth rate accelerated by 4.2 percentage points from the first quarter as RH…...

1+ day, 3+ hour ago   (398+ words) Macy’s reported second-quarter 2026 net sales of $4.9 billion, up 1.1% from a year earlier, while comparable sales increased 2.7% across the company and management raised its full-year sales and earnings outlook. Excluding the effect of fiscal 2025 store closures, net sales increased 1.9%. Go-forward comparable…...

1+ day, 3+ hour ago   (334+ words) Adobe reported record third-quarter fiscal 2026 revenue of $6.76 billion, up 13% year-over-year, or 12% in constant currency, as the company continued expanding its artificial intelligence offerings and surpassed one billion monthly active users across its creativity and productivity products. GAAP diluted earnings per…...

1+ day, 3+ hour ago   (417+ words) MasterCraft Boat Holdings reported fiscal 2026 net sales of $348.9 million, up 22.8% from $284.2 million in the prior year, as strong underlying performance and the company’s combination with Marine Products Corporation expanded the business. Excluding the Marine Products transaction, full-year net sales increased…...

1+ day, 6+ hour ago   (264+ words) Cerenome has entered into a financing agreement with 3i, LP for a senior secured facility of up to $20 million with royalty-based repayments, providing additional capital for the commercialization and development of its CNS oncology platform. The company received an initial tranche…...

1+ day, 3+ hour ago   (325+ words) Zumiez reported second-quarter fiscal 2026 net sales of $209.0 million, down 2.5% from $214.3 million a year earlier, as weaker U.S. performance outweighed continued growth in the retailer’s international markets. Comparable sales for the 13 weeks ended August 1 decreased 2.1%. Zumiez posted a net loss of $2.7 million,…...