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Meta faces ‘astronomical’ consequences as legal fight reaches critical moment in California
Meta is on trial in California, accused by states of addicting children to Facebook and Instagram. The company faces 'astronomical
topicStock market today: Dow, S&P 500, Nasdaq waver ahead of retail earnings
US stock futures are mixed ahead of retail earnings reports, with Dow, S&P 500, and Nasdaq wavering. Investors are reacting to a s
topicHow Google lost the 'war for the hearts and minds' of its employees: Q&A with Claire Stapleton
Google's former employees and insiders claim the company has abandoned its founding ideals, leading to a decline in employee moral
topicStocks little changed at the open ahead of Fed minutes, retail earnings this week
US stocks are steady at the open as investors await the release of Federal Reserve meeting minutes and retail earnings reports. Th
topicNvidia to invest $1.5 billion in SB Energy under OpenAI data center deal
Nvidia will invest $1.5 billion in SB Energy as part of a deal to support OpenAI's data center project. The investment is tied to
topicCyclospora spreads through human waste
A widespread parasitic outbreak of cyclosporiasis linked to iceberg lettuce is affecting multiple U.S. states. Recent data shows M
topicFerrari's first ever electric car sold for record $40m at auction
A billionaire inventor purchased the first production chassis of the Ferrari Luce, the company's first electric vehicle, for $40 m
topicBond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies
Bond traders are monitoring $70 billion in shadow credit backstops supporting AI companies. This hidden leverage in AI infrastruct
What locals want visitors to know about Pacific Palisades today
The Palisades Village shopping center has reopened to the public after suffering damage from a devastating wildfire. Thousands of
topicWorkday’s $51 billion takeover talks could reset the software trade
Silver Lake is in discussions to buy Workday in a deal valued at $51 billion. The report triggered a surge in Workday shares, mark
topicNvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says
Nvidia is reducing its financial backing for OpenAI's 10GW data center campus in Ohio. While previous plans involved a $250 billio
topicAlibaba to Sell Videogame Business for at Least $1.5 Billion
Alibaba is selling its gaming arm, Lingxi Games, for at least $1.5 billion to redirect capital toward artificial intelligence and
topicStock market today: Dow, S&P 500, Nasdaq futures waver ahead of retail earnings
Wall Street futures show mixed movement as investors anticipate retail earnings reports. The S&P 500 and Nasdaq are positioned for
topicJapan Q2 growth misses forecasts on weaker spending, investment
Japan's economy grew at an annualized rate of 1.1% in the second quarter, falling short of analyst expectations. This slowdown res
topicGoldman Says Markets Too Hawkish on Betting Fed Will Hike Rates
Goldman Sachs claims market expectations for Federal Reserve rate hikes are too aggressive and hawkish. The firm states a Septembe
topicNo Powerball winner. Jackpot climbs to $35 million
The Powerball jackpot has climbed to $35 million following a series of high-value drawings. Recent activity includes a $1.04 billi
topicStrait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry
Tanker traffic through the Strait of Hormuz has slowed significantly following a series of tanker attacks. This maritime slowdown
topicTechnology Stocks Lift Equities as Treasuries Rise: Markets Wrap
U.S. stock futures are mostly higher as technology shares gain momentum. This upward trend is driven by renewed interest in artifi
topicSpaceX launches record-breaking back-to-back Falcon 9 rockets for Globalstar, U.S. Space Force
SpaceX launched two Falcon 9 rockets just 38 minutes apart, establishing a new record for the shortest interval between launches.
topicAI spending is surging, but profit gains remain elusive, Goldman Sachs says (XLK:NYSEARCA)
Corporate spending on artificial intelligence is increasing rapidly, but Goldman Sachs reports that these investments have not yet
topic'Spending is leading to earnings': Wall Street strategists see payoff from Big Tech's AI investment
Big Tech has entered an AI monetization phase where heavy investment is translating into earnings, according to analyst Dan Ives.
topicTrump Administration Greenlights World Liberty Financial Bank Charter
A US regulator has approved a banking license for World Liberty Financial, a cryptocurrency venture backed by the Trump family. Re
topicWall Street rewrote crypto's rules with $11.2 billion in checks
Digital asset startups secured $11.2 billion in funding during the first half of the year. Investment is shifting away from pure c
topicNew Zealand's a2 Milk tumbles on weak earnings forecast, profit miss
The a2 Milk Company reported a 44% decline in full-year profit driven by supply chain disruptions for its China-label infant milk