Alphabet and Amazon outpace Meta in AI as Big Tech’s Q1 2026 earnings confirm cloud dominance
Alphabet and Amazon outpace Meta in AI as Big Tech’s Q1 2026 earnings confirm cloud dominance

Google Cloud grew 63%, AWS 28%. Meta raised its full-year capex guide to $125-$145 billion, sending its shares down 6% after hours. Combined 2026 AI spending across five hyperscalers is now on track to exceed $650 billion. The question hanging over Wed…

Vinted reaches €8 billion valuation in €880 million secondary share sale led by EQT
Vinted reaches €8 billion valuation in €880 million secondary share sale led by EQT

Schroders Capital and Teachers’ Venture Growth join as new investors. The transaction gives early investors and long-serving employees a route to liquidity. Vinted says it is ‘IPO-ready’ but has set no timetable. FY2024 revenue grew 36% to €813 million…

The AI rally looks like the dot-com bubble. The companies do not.
The AI rally looks like the dot-com bubble. The companies do not.

The Shiller cyclically adjusted price-to-earnings ratio for the S&P 500 stands at approximately 38 to 40, depending on the day you check. In 155 years of recorded data, the CAPE has been higher exactly once: March 2000, when it reached 44.19, one m…

Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026
Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026

The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The…

SpaceX’s public IPO filing confirms Musk and insiders retain dominant voting control
SpaceX’s public IPO filing confirms Musk and insiders retain dominant voting control

The now-public S-1 prospectus shows Musk controls roughly 79% of SpaceX’s votes despite owning approximately 42% of its equity, a gap created by a dual-class share structure. The company is targeting a June listing at a $1.75 trillion valuation, a rais…

Intelligent Investing founder Arnout Ter Schure on integrating AI capabilities with human market insight and structure
Intelligent Investing founder Arnout Ter Schure on integrating AI capabilities with human market insight and structure

Intelligent Investing, a research-driven market analysis platform, works from the premise that artificial intelligence can expand financial forecasting by processing large datasets, accelerating strategy development, and enabling systematic execution. …

Financial risk management platform Pillar raises $20M seed in round led by a16z

Pillar’s investors include a16z, Uber CEO Dara Khosrowshahi, Crucible Capital and Gallery Ventures.

OpenAI acquires Hiro, an AI personal finance startup
OpenAI acquires Hiro, an AI personal finance startup

Hiro is shutting down on 20 April and deleting all user data by 13 May. Founder Ethan Bloch previously sold Digit to Oportun for more than $200M. Terms of the deal were not disclosed. OpenAI, the San Francisco AI lab behind ChatGPT, has acquired Hiro F…

Meow Technologies launches the first agentic banking platform for AI agents
Meow Technologies launches the first agentic banking platform for AI agents

In short: Meow Technologies has launched what it describes as the world’s first agentic banking platform, enabling AI agents to open business bank accounts, issue cards, send payments, and manage day-to-day account activity on behalf of users, with no …

BILL lets enterprise suppliers collect from any SMB, even ones not on its platform
BILL lets enterprise suppliers collect from any SMB, even ones not on its platform

In short: BILL has expanded its Supplier Payments Plus product to let large enterprise suppliers accept card and ACH payments from any SMB customer, including those with no BILL account, converting paper checks into digital transactions automatically a…