Tesla hits $1tr value on Musk-backed Trump win
Tesla's value topped $1 trillion on rally expectations that Musk’s companies will gain favor after Trump's win.
ChatGPT restored after downtime affects 19,000+ users
CEO Altman apologises for outage after users regain access at 4:34pm with few still facing problems
Mark Zuckerberg is not responsible for social media’s addiction among children
A federal judge in California ruled that Meta Platforms CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company...
Wall Street reacts to Trump’s re-election with optimism
Wall Street executives have expressed cautious optimism following Donald Trump's re-election, anticipating a return to pro-business policies, deregulation, and a surge in...
Nissan to axe 9,000 jobs, cut production
Nissan to cut 9,000 jobs, reduce global production by 20% amid cost-saving drive due to declining sales in China, US.
Nvidia reaches record $3.65 Trillion market value
Shares of Nvidia rallied to a record high Thursday, making the chipmaker the first company in history to surpass a stock market...
Oil prices fall as Hurricane Rafael expected to start weakening
Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of Mexico will significantly affect U.S. oil...
Warner Bros Discovery CEO sees more industry deals under Trump
Warner Bros Discovery CEO David Zaslav anticipates that the incoming Trump administration will create a more favorable environment for mergers and acquisitions,...
Moderna reports surprise profit on higher-than-expected COVID vaccine sales
Moderna reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of its COVID-19 vaccine, even with low revenue...
Audi debuts first no-ring AUDI model in China
The new brand aims to expand Audi’s reach in China’s booming EV market, where brands like Nio and Xpeng lead
Amazon’s AWS to invest €1.2 billion in Italian data centers
Amazon Web Services (AWS), the cloud computing arm of Amazon, announced plans to invest €1.2 billion ($1.3 billion) in Italy over the...
Qualcomm advances on smartphone market revival, Chinese handset launches
Qualcomm shares rose 4% on Thursday after the chip designer's strong quarterly revenue forecast fanned investor optimism about a China-led recovery in...
Oil steadies as investors digest US election fallout
Trump's election win initially triggered a sell-off that pushed oil down more than $2 as the dollar rallied
About 17% of U.S. Gulf of Mexico oil production shut due to Hurricane Rafael
About 17% of crude oil production and 7% of natural gas output in the U.S. Gulf of Mexico was shut in response...
Israel signs deal to acquire 25 F-15 fighter jets from Boeing Co
The Israeli defence ministry said on Thursday it had signed an agreement to acquire 25 next generation F-15 fighter jets from Boeing...