Musk announces xAI re-org following key departures, SpaceX merger

Musk announces xAI re-org following key departures, SpaceX merger

Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. The annual Davos gathering of political leaders, top executives and celebrities runs from Jan. 19-23. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images SpaceX CEO Elon Musk on Wednesday…

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Investor Einhorn said he bought Peloton again on this latest dip. Here’s what else he’s buying

Investor Einhorn said he bought Peloton again on this latest dip. Here’s what else he’s buying

Hedge fund manager David Einhorn said he bought Peloton Interactive after its latest dip, along with some other bets. The Greenlight Capital founder said investors have overreacted to Peloton’s latest earnings results, after the connected fitness company’s worse-than-expected holiday quarter caused the connected fitness stock to plunge 26% on Thursday. The poor results added to…

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Stock market today: Live updates

Stock market today: Live updates

The Dow Jones Industrial Average was relatively unchanged on Wednesday after the better-than-expected delayed January jobs report failed to spark a sustainable advance. The blue-chip index slipped 23 points, less than 0.1%. The S&P 500 added 0.1%, while the Nasdaq Composite shed 0.2%. The Bureau of Labor Statistics’ January nonfarm payrolls report — which had…

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Jobs report January 2026:

Jobs report January 2026:

Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement…

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