Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in a fresh funding round.The San Francisco-based company, which was valued at $1 billion in January, raised $175 million in a...

Wise’s billionaire CEO fined £350,000 by UK regulators over failure to report tax issue

Kristo Kaarmann, CEO and co-founder of Wise.Eoin Noonan | Sportsfile | Getty ImagesLONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise, was slapped with a £350,000 ($454,000) fine by financial regulators in the U.K for failing to report an issue...

Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald’s, TSMC and more

Check out the companies making headlines in premarket trading: Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company’s rising margins, strong product mix and...

How Apple’s China suppliers could actually benefit from U.S. trade tensions, according to JPMorgan

After a sweeping look at global trade shifts, JPMorgan strategists have concluded that some of Apple’s Chinese suppliers could benefit from the trend of supply chain diversification. The Oct. 18 report looked at 10 aspects of “the great supply chain...

Stocks making the biggest moves midday: Tapestry, Capri, L3Harris Technologies and more

Check out the companies making headlines in midday trading: Tapestry , Capri — Shares of Tapestry rallied 13.5%, while Capri’s stock tumbled 48.9%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission’s case to block...