Business

Morgan Stanley Lifts Robinhood Target to $150, Sees 43% Upside

Morgan Stanley raised its Robinhood price target to $150 from $124 on September 1, citing 43% upside from deeper user monetization rather than crypto.

Trump Warns Communities Opposing AI Data Centers Risk Becoming ‘Backwards and Poor’

President Trump warned US communities rejecting AI data centers risk becoming 'backwards and poor,' as local resistance grows ahead of November's midterms.

Trump Says Exxon Entering Venezuela as US Claims 65 Billion Barrels

Trump said Friday the US secured majority control of 65 billion barrels of Venezuelan reserves and that Exxon would return, though gas prices are unlikely

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

Pentagon Gets 35% Stake in Venezuela Oil Firm Under $100 Billion Deal

The White House confirmed a Venezuela oil deal granting the Pentagon a 35% stake and NABEP 100-year concessions over 17 fields holding 65 billion barrels.

Elon Musk’s Grok Chatbot Incident Highlights AI Manipulation Risks

Since the public release of ChatGPT over two years ago, trust in generative artificial intelligence has remained a persistent challenge. Issues such as hallucinations,...

Elon Musk and Trump’s Vision for Human Life on Mars: Ambitions and Challenges

President Donald Trump and Elon Musk share a vision of making human life on Mars a reality. Musk, the world’s richest man and CEO...

Trump Meme Coin Dinner Sparks Questions Over Foreign Influence

With less than a week remaining until former President Donald Trump’s private dinner for the top $TRUMP meme coin holders, the list of attendees...

Qualcomm Re-Enters Data Center Market with AI-Focused CPUs

Qualcomm announced plans to launch custom processors for data centers designed to work seamlessly with Nvidia’s GPUs, reinforcing its commitment to expand into artificial...

Nvidia Launches NVLink Fusion to Expand AI Chip Ecosystem

Nvidia CEO Jensen Huang unveiled several groundbreaking developments aimed at reinforcing the company’s central role in artificial intelligence and computing during Computex 2025 in...

U.K. Moves to Regulate Buy Now, Pay Later Firms with New Consumer Protections

The U.K. government has announced a set of proposals aimed at formally regulating the fast-growing buy now, pay later (BNPL) sector, in a move...

Xiaomi to Invest $6.9B in Chips, Launches Advanced SoC Xring O1

Xiaomi has announced a major investment plan to strengthen its chip development capabilities, committing at least 50 billion yuan (approximately $6.9 billion) over the...

Klarna Posts $99M Q1 Loss Amid IPO Delay and AI Restructuring

Klarna, the Swedish payments company known for its buy now, pay later (BNPL) services, reported a sharp rise in net losses during the first...

Stord Acquires UPS Subsidiary Ware2Go to Expand E-Commerce Logistics Reach

Stord, a logistics startup based in Atlanta, has announced the acquisition of Ware2Go, a subsidiary of UPS, as part of its strategy to expand...

Regeneron to Acquire 23andMe Assets for $256 Million Amid Bankruptcy

Regeneron Pharmaceuticals has announced its plan to acquire the majority of assets belonging to 23andMe for $256 million. The deal follows 23andMe’s filing for...

GitHub Launches AI Copilot Agent to Automate Programming Tasks

GitHub, a subsidiary of Microsoft, has unveiled a new AI-powered Copilot coding agent designed to take on specific programming tasks and notify developers when...

Judge Orders Apple and Epic to Resolve Fortnite Dispute or Face Court Hearing

A U.S. federal judge has instructed Apple and Epic Games to resolve their ongoing dispute regarding the reinstatement of Fortnite on the iOS App...

Waymo Approved to Expand Autonomous Ride-Hailing Service into San Jose

Alphabet’s autonomous vehicle division, Waymo, has received official approval to expand its self-driving ride-hailing service to cover more areas within the San Francisco Bay...

Ray Dalio Warns Moody’s U.S. Credit Downgrade Understates Real Risks

Ray Dalio, founder of Bridgewater Associates and billionaire investor, issued a warning following Moody’s recent downgrade of the U.S. sovereign credit rating. Dalio argued...

- A word from our sponsors -

spot_img

Follow us

HomeBusiness