Starbucks announced on Monday that it will lay off 1,100 corporate employees and leave several hundred open positions unfilled, according to CEO Brian Niccol. The layoffs will not […]
Technology
Posted on:
Apple to Invest $500 Billion in U.S. Facilities Amid Tariff Concerns
Apple announced on Monday a commitment to invest $500 billion in expanding U.S. facilities over the next four years, a move that could help mitigate the impact of […]
Markets
Posted on:
Stock Market Today: Stocks bounce with Nvidia, inflation data in focus
U.S. equity futures moved higher in early Monday trading, supported by a pullback in the dollar and steady Treasury bond yields, as investors aimed to recover some of […]
Technology
Posted on:
Grok blocked results saying Musk and Trump ‘spread misinformation’
Grok, Elon Musk’s ChatGPT competitor, temporarily refused to respond with “sources that mention Elon Musk/Donald Trump spread misinformation,” according to Igor Babuschkin, head of engineering at xAI. After […]
Technology
Posted on:
Analyst says Microsoft is cutting AI data center spending, which may have led to market sell-off
An analyst report from TD Cowen on data centers and Microsoft raised concerns about the sustainability of the artificial intelligence trade, potentially contributing to Friday’s significant market sell-off. […]
Technology
Posted on:
Nvidia’s Earnings to Test AI Chip Demand Amid DeepSeek Concerns
Feb 24 (Reuters) – Nvidia’s earnings report is anticipated to shed light on the demand for its high-cost AI chips. Investors are questioning the necessity of Nvidia’s chips […]
Economy
Posted on:
Warren Buffett Shares Latest Investment Insights
Known as the Oracle of Omaha, Warren Buffett has shared his latest insights on the stock market and business ownership in his recent shareholder letter. Buffett elaborated on […]
Technology
Posted on:
Bybit stolen funds likely headed to crypto mixers next: Elliptic
Following the $1.4 billion hack of the Bybit crypto exchange, the stolen crypto assets are likely to be laundered through mixers as hackers attempt to obscure the transaction […]
Uncategorized
Posted on:
Saipem and Subsea7 in merger talks: Report
Saipem and Subsea7 are reportedly in merger talks, according to recent developments in the energy sector. The discussions between the two companies highlight a significant move within the […]
Economy
Posted on:
Apple to Add 20,000 US Jobs and Invest $500 Billion Amid Tariff Pressures
Apple Inc. has announced plans to create 20,000 new jobs in the United States and begin producing AI servers domestically as part of its strategy to address tariff […]