CoreWeave Scales Back Ambition for Its I.P.O.
The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty.
Tech
Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola
President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
Look Again: That H&M Model Showing Off a New Look May Be a Digital Clone
The Swedish retailer H&M said it was exploring the use of artificial intelligence in producing “digital twins” of models.
FCC Orders Investigation Into Disney’s DEI Practices
The chairman, Brendan Carr, sent a letter to the company accusing it of violating equal employment opportunity regulations.
5 U.S. Voters Weigh In on the Signal Leak
What did they think about the national security breach, in which Trump administration officials discussed attack plans in Yemen on a commercial messaging app?
CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy.
Blackstone Considers Small Investment in TikTok
The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.
Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $33 billion, the billionaire said.
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
