Companies

The move is aimed at taking on Amazon and Costco and drawing in consumers seeking to get the most out of their subscriptions.

On this morning’s show: A potential Boeing jet certification, company earnings, and growing fears of AI.

“To be honest, I think the ROI is still TBD on a lot of these projects,” said Dan Runcie, CEO at Trapital.

Anthropic said that 5% of its shares will go into a new “public benefit fund.” Elon Musk, meanwhile, announced he’ll give every U.S. kid a share in SpaceX next year.

Nearly four out of five report that AI spending remains a top investment priority over the next three years.

Insuring people who are likely to be sick isn’t profitable. Owning some clinics and a pharmacy benefit provider, in addition to providing health insurance, is.

JPMorgan Chase, Goldman Sachs, Wells Fargo, and Citigroup report third-quarter results on Tuesday, giving the first detailed look at how the Fed's rate hike and rising long-term bond yields are working through the economy.

Analysts at the major banks set these expectations, with guidance from the companies themselves, experts told Marketplace.

The AI supply chain is full of mixed incentives, according to researcher David G. Widder. He’s not optimistic that the companies in charge of it will police themselves.

The S&P 500 hit a record high Tuesday. Take out the AI and tech firms, though, and things look less sunny.