Conservative backlash by Matt Walsh, Ben Shapiro over “woke” casting - such as Lupita Nyong'o as Helen of Troy - didn't hinder film's success, reports show.
A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
The company recently raised prices on a number of products because of component supply shortages caused by the artificial intelligence boom.
SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
Data: Company reports, Funda via "Key Context"; Chart: Ben Berkowitz/Axios AI revenue is accelerating so fast that it's starting to dwarf some of the world's most recognizable brands. Why it matters: AI infrastructure spending forecasts in the trillions of dollars start to make at least a little more sense when investors see how they're paying off. By the numbers: OpenAI and Anthropic, combined, are on track for an annual revenue rate of about $120 billion, "Key Context" Substack author Tae Kim noted on Monday, via data from AI investment research platform Funda . - Anthropic makes up about 60% of that, given the company's lead with corporate customers (a lead that OpenAI is working to shrink). - Both would land in the Fortune 500's …
Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.
Once, a tub of popcorn was just a tub of popcorn. Now, “collectible concession vessels” could make one chain more than $100 million.
Data: FactSet; Note: As of June 30, 2026 market close; Table: Matt Phillips/Axios The market's giant winners this year — memory-related stocks — also look ridiculously cheap. Why it matters: Their low price-to-earnings multiples reflect the market's worries that the current boom times won't last. Yes, but: Some analysts argue that this time is different because of the arrival of AI as a giant new source of demand for memory. They say the market should start valuing memory shares more like other tech companies. - If the memory bulls are right, it could keep the market climbing. Case in point: Take SK Hynix, the South Korean memory chipmaker and market darling that soared more than 500% over the last year. - It just raised $26.5…
Limit turnover and foster stable growth
Xbox CEO Asha Sharma wrote the company has become too bloated and its investments were losing money.