Business

Super Micro Computer Slides Ahead of Earnings as Analysts Debate Value Play or Trap

Super Micro Computer shares extend a three-month decline ahead of earnings as analysts split over whether the AI server maker is a value play or a value tr

Archer Aviation Shares Surge After Deal to Acquire Boeing’s Wisk eVTOL Unit

Archer Aviation shares jumped after agreeing to acquire Boeing's Wisk Aero and two subsidiaries, giving Boeing a near-20% equity stake in the combined firm

Intel Launches $15 Billion Stock Sale as Turnaround Rally Lifts Shares

Intel plans to sell about $15 billion in common stock after a 400% share rally, funding growth in AI, custom chips and advanced packaging.

Trump Pivots to Sanctions and Naval Blockade in Prolonged Iran Standoff Over Hormuz

The US is pivoting from military strikes to sanctions and a naval blockade against Iran as oil prices stabilise and the Strait of Hormuz crisis drags on.

TSMC Sales Surge 45% in July as AI Chip Demand Fuels Record Growth

TSMC posted a 45% surge in July revenue as demand for AI chips from customers like Nvidia and Google continues to drive record growth for the chipmaker.

Novo Nordisk’s Rybelsus Shows Cardiovascular Benefits in Late-Stage Trial

Novo Nordisk’s diabetes pill Rybelsus has demonstrated significant cardiovascular benefits in a late-stage trial, potentially broadening its therapeutic scope. The study revealed a 14%...

Ubisoft’s Volatile Stock Moves Amid Tencent Investment and Game Subsidiary Spin-off

Ubisoft shares experienced significant volatility on Friday following the company's announcement that it is forming a new gaming subsidiary. This move comes after the...

CoreWeave Debuts on Nasdaq with $1.5 Billion IPO

CoreWeave made its debut on the Nasdaq on Friday, with its stock opening at $39 and closing at $40, after the company sold shares...

AppLovin CEO Responds to Short-Selling Allegations from Muddy Waters Research

AppLovin CEO Adam Foroughi responded to new short-selling allegations from Muddy Waters Research after the company’s stock experienced its largest drop on record on...

Jen Salke Steps Down as Head of Amazon MGM Studios

Jen Salke, the head of Amazon MGM Studios, is stepping down from her role, as confirmed by the company. In a memo sent to...

Intel Board Shake-up as Three Directors Retire and New CEO Takes Charge

Intel announced that three of its board members will retire and not stand for reelection at the company's annual meeting in May. The departing...

Key Parenting Practices for Raising Successful Students

For nearly a decade, I have had the privilege of working with students and their families as an extracurricular coach at Spike Lab. During...

Elon Musk Merges xAI with X in $80 Billion Deal to Combine AI and Social Media

Elon Musk announced on Friday that his artificial intelligence company, xAI, has merged with his social media platform X in an all-stock transaction. The...

Bill Gates Predicts AI Will Replace Human Expertise in the Next Decade

Bill Gates predicts that within the next decade, artificial intelligence (AI) will eliminate the need for human expertise in most fields. During an interview...

Critical Role Expands from Streamed D&D Games to Media Empire

Critical Role, a media empire built on the popular game Dungeons & Dragons, began as a live-streamed campaign by a group of professional voice...

Peyton Manning’s Omaha Productions Partners with Patrick Whitesell’s Platform

Peyton Manning's Omaha Productions has secured a new business partner. A platform led by Patrick Whitesell, the former executive chairman of Endeavor, has acquired...

HHS Plans Major Job Cuts and Restructuring under Robert F. Kennedy Jr.

Health and Human Services Secretary Robert F. Kennedy Jr. announced plans to reduce the department's workforce by 10,000 full-time employees as part of a...

Ferrari to Raise Prices by 10% in Response to U.S. Tariffs

Ferrari announced on Thursday that it will raise prices by up to 10% on certain models following new U.S. auto tariffs, with price increases...

Lululemon Surpasses Q4 Expectations, Shares Drop on Weak 2025 Outlook

Lululemon exceeded Wall Street’s expectations for its fiscal fourth-quarter earnings and revenue, but the company's guidance for 2025 was less favorable, leading to a...

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