Bloomberg Tech

Automotive powerhouse is under pressure to step up its electric-vehicle strategy, and fast.

The game developer is best known for Borderlands,  which has generated more than $1 billion in revenue

Stocks kicked off the week with gains as traders awaited economic readings that will help shape Wall Street’s views on how close the Federal Reserve is from wrapping up its tightening cycle. Bonds were relatively stable. The dollar fell.

Apple Inc.’s annual iPhone unveiling is always its most momentous time of the year — a chance to impress consumers with the company’s latest model and set up the holiday selling season.

Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.

Instacart and its backers set the stage for an initial public offering that may value the grocery-delivery business at as much as $9.3 billion, less than a quarter of what it was worth at the height of the Covid-19 pandemic.

Lockheed Martin Corp. may see more than $800 million in payments withheld through next June until it wins approval for the software powering its most advanced version of the F-35, according to newly disclosed delivery figures.

North Korean weaponry could allow Russia to prolong the storm of steel it has rained down on Ukraine but probably isn’t advanced enough to alter the course of the Kremlin’s war on its neighbor, now well into its second year.

Marketing and data automation provider Klaviyo Inc. has attracted cornerstone investors including BlackRock Inc. for a US initial public offering that’s set to raise as much as $518 million.

Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks.