Representative Image Benchmark general partner Bill Gurley is scared of all the cash burning happening around by Artificial Intelligence (AI) companies. An early investor in Uber, Benchmark’s Gurley played a key role in the exit of the then-Uber CEO Travis Kalanick in 2017.Gurley said that Uber’s annual burn rate of $2 billion during his...

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Since January 2025, the S&P 500 has gained more than 14%, and for most of the past decade, betting against America has been a losing trade. But a major Wall Street institution is now saying that era may be coming to an end. Andrew Garthwaite, head of global equity strategy at UBS, downgraded American equities...