8VC, a venture firm led by Palantir founder Joe Lonsdale, is seeking nearly $1 billion for its sixth fund, according to a regulatory filing. The Austin-based firm’s latest fund aims to raise nearly 14% more than its previous $880 million flagship vehicle, which closed in February 2023. TechCrunch has reached out to the firm for
Microsoft (MSFT) shares moved lower after the close Wednesday as the tech giant reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations. The company saw revenue rise 12% year-over-year to $69.63 billion, surpassing the analyst consensus from Visible Alpha. Earnings came in at $24.11 billion, or $3.23 per share, compared to $21.87 billion, or
Most financial experts recommend people start investing as soon as possible. The longer a person is in the market with a well-crafted, diversified portfolio, the higher, in theory, their eventual gains will be. For many years, this was largely ignored. Then millennials and, even more so, Generation Z arrived on the scene. Equipped often with
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Fed keeps fed funds rate steady, cites resilient labor market and balanced economic risks. US Treasury yields and Dollar Index gain modestly due to Fed’s slightly hawkish inflation stance. Market participants await Fed Chair Powell’s press conference for further directional guidance. The USD/JPY remained unfazed during the North American session after the US Federal Reserve
WASHINGTON (AP) — Homeland Security Secretary Kristi Noem said Wednesday that the Trump administration has revoked a decision that would have protected roughly 600,000 people from Venezuela from deportation, putting some of them at risk of being removed from the country in about two months. Noem signed a six-page notice reversing a decision made by
CNN — The three Israeli hostages due to be released in Gaza on Thursday have been named by the Israeli Prime Minister’s Office (PMO), which also confirmed that five Thai nationals will be freed. “The list of names received from Hamas today by the mediators Qatar and Egypt includes: Arbel Yehoud (29 years old), Agam
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Ukraine says its forces successfully hit an oil refinery in the Russian town of Kstovo, around 800 kilometres (500 miles) from the front lines in eastern Ukraine. Four drones hit a Lukoil company depot, Ukrainian media said, adding that the facility suffered significant damage. Videos posted on social media showed large flames rising over an