Author: arthursheikin@gmail.com

[ad_1] Cognition CEO Scott Wu is still reeling from the whirlwind weekend when his company acquired Windsurf.”I live for these moments, honestly,” Wu told Stripe cofounder and president, John Collison, on the Stripe podcast on Wednesday.In July, Cognition — maker of the AI coding assistant Devin — announced it was acquiring the remnants of Windsurf, a company building AI-assisted coding tools. Google had just hired Windsurf’s CEO and some key executives and licensed its technology after a planned deal between Windsurf and OpenAI fell through.In a blog post the day the deal was announced, Wu said the acquisition included “Windsurf’s…

[ad_1] Broadcom (AVGO) , a leading semiconductor and infrastructure software company, specializes in designing and manufacturing chips for data centers, networking, wireless communications, and AI applications. As of Aug. 27, its stock trades around $300, reflecting a year-to-date gain of approximately 28%, driven by robust demand in the AI and cloud computing sectors. With fiscal 2024 revenue surging 44% to reach $51.57 billion and fiscal 2025 second-quarter fiscal at $15 billion, a 20% increase — the company demonstrates strong financial momentum. However, investors must weigh both optimistic and cautious perspectives in light of evolving market dynamics. The bull case for…

[ad_1] A couple of accountants broke down how earnings season has been — and found a surprise.”Stocks and Savings” podcast co-hosts Andreea Ion and James Galbin discussed on a recent episode how their portfolios fared in second-quarter earnings.”I think the biggest surprise was actually how strong the reports were,” Ion said, citing data from financial data platform FactSet that 81% of companies in the S&P 500 beat analysts’ revenue forecasts in Q2.Galvin said this was surprising given fears of how tariffs would upset the global economy.”On one hand, you have the boom in artificial intelligence that companies are pouring money…

[ad_1] Investors are clambering to get onto Swedish vibe-coding startup Lovable’s cap table, making unsolicited offers of investment that value the company at more than $4 billion, reports Financial Times.  Lovable CEO Anton Osika isn’t currently engaging with the flurry of inbound, the Times says, which comes a few weeks after the startup announced a $200 million round at a $1.8 billion valuation in a deal led by Accel. A Lovable spokesperson told the outlet the company isn’t fundraising now. TechCrunch has reached out for further comment.   Lovable has grown quickly over its short lifespan. In July, the startup said…

[ad_1] What happens when your first 10 hires aren’t people at all? At TechCrunch Disrupt 2025, happening October 27–29 at San Francisco’s Moscone West, we’re digging into the new wave of startups replacing or augmenting early employees with AI agents. Think outbound sales, billing, and customer support — automated from day one. This panel, hosted on the Builders Stage, features a mix of technical founders and seasoned operators who are actually doing it, debating where the line between human and machine should be drawn — and how far is too far. Meet the speakers Caleb Peffer, founder and CEO of…

[ad_1] Lisa Cook filed a lawsuit Thursday challenging President Donald Trump’s attempt to fire her from the Federal Reserve’s board of governors, marking the start of a high-stakes courtroom showdown that will test the Federal Reserve’s independence.”This case challenges President Trump’s unprecedented and illegal attempt to remove Governor Cook from her position which, if allowed to occur, would [be] the first of its kind in the Board’s history,” the lawsuit says.Cook’s lawsuit, filed in Washington, DC, federal court, asks a federal judge to confirm Cook’s status as a member of the Federal Reserve’s board of governors and allow her to…

[ad_1] Broadcom just got an upgrade before its earnings due next week. Oppenheimer analyst Rick Schafer reiterated his outperform rating and lifted his price target on Broadcom shares by $20 to $325 ahead of the chipmaker’s earnings report on Sept. 4. His new target suggests shares could gain about 8.2% from Monday’s close. Shares of Broadcom have gained about 29.5% this year driven by growth in AI-related revenue, strong customers for its hardware and ongoing market support for the tech sector. The analyst said Broadcom remains the “no. 2 AI franchise” after Nvidia , given its leadership in the AI…

[ad_1] Amid all the “is this a bubble?” talk about artificial intelligence, the supply chain and logistics industries have become breeding grounds for seemingly genuine uses of the technology. Flexport, Uber Freight, and dozens of startups are developing different applications and winning blue-chip customers. But while AI helps Fortune 500s pad their bottom line (and justify the next layoff to Wall Street), the right use of the tech is proving useful to smaller businesses. Netstock, an inventory management software company founded in 2009, is working on just that. It recently rolled out a generative AI-powered tool called the “Opportunity Engine”…

[ad_1] Wynn Resorts is planning a global expansion that warrants investor interest, according to UBS. Analyst Robin Farley upgraded shares of the casino operator to buy from neutral and raised his price target by $46 to $147, which suggests 19.3% potential upside for the stock. Farley’s is bullish on Wynn’s Al Marjan Island resort, a 70-story hotel tower in the United Arab Emirates that is scheduled to open early 2027. The company has invested roughly $5 billion into the UAE project . “We raise Macau estimates and upgrade WYNN to Buy from Neutral predicated on those higher estimates and a…

[ad_1] Analysts at major Wall Street shops are sticking by Nvidia after the chipmaker’s latest results, with many lifting their targets on the stock. Nvidia on Wednesday reported second-quarter results that topped estimates and gave guidance for the current period that beat estimates. The company reported adjusted earnings of $1.05 per share on revenue of $46.74 billion, while analysts polled by LSEG expected $1.01 in earnings on $46.06 billion in revenue. Shares dipped about 1.9% before the bell as Nvidia’s data center revenue disappointed estimates for the second straight quarter. However, several analysts still raised their price targets on the…