It took over a decade, but NextDecade’s longshot bet to lead LNG in Texas is finally paying off

Near the U.S.-Mexico border—just a few miles from SpaceX Starbase—little-known NextDecade is on the verge of becoming the top exporter of natural gas out of Texas. Its massive complex, sprawling…

Analyst says Netflix’s $72B bet on Warner Bros. isn’t about ‘death of Hollywood.’ It’s about Google

Netflix’s $72 billion play for Warner Bros. is as much a bet on the future of artificial intelligence and chips as it is on movies and shows, according to a…

Wells Fargo was reeling from scandal. Jamie Dimon protégé Charlie Scharf bet his career on saving the 173-year-old bank

The document, Charlie Scharf recalls, was 3,162 pages. It included 6,000 tasks; 28,000 people worked on it. This staggeringly long volume was the plan to save Wells Fargo, forged by…

Alexandr Wang is now leading Meta’s AI dream team. Will Mark Zuckerberg’s big bet pay off?

In the summer of 2016, Alexandr Wang was a 19-year-old building his data-labeling startup, Scale AI, in a Silicon Valley pool house with his cofounder, Lucy Guo, while the two…

Malaysia aspires to provide the backbone of the global AI boom. Will the bet pay off?

The jungles of Johor, the Malaysian state across the Johor Strait from Singapore, were first cleared in the 1840s by Chinese clans from Singapore seeking more space to grow black…

A hedge fund bet against $4 billion fintech Remitly after it claimed a reverse image search of customer reviews revealed stock photos of women

Global remittance and money-transferring business Remitly saw its stock price fall more than 2% this week after short-seller Spruce Point Capital Management published a short report listing a litany of…

Estée Lauder has lost $100 billion in value in the past three years. How a big bet on China dragged down a luxury legend

Profit fell 60% over the past year for the maker of Aveda, Clinique, and MAC.  Read More

Amid a divisive political landscape, advertisers bet on unity

Johnsonville, Wisconsin — Jamie Schmelzer is not a mental health professional — he’s a marketing executive for meat processing giant Johnsonville. But the inflamed and antagonistic state of U.S. politics…