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Dow Jones Rises Amid Nvidia, Tesla Gains; Super Micro Surges on $20 Billion AI Deal
The Dow Jones saw an increase as Nvidia and Tesla shares rallied, while Super Micro Computer surged on news of a $20 billion AI deal. Super Micro’s earnings […]
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Alibaba Shares Drop 5% in Premarket Trading After Missing Earnings Expectations
Alibaba’s shares experienced a decline on Thursday after the company missed earnings expectations for its fiscal fourth quarter in both revenue and net income. Shares dropped by 5% […]
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White House Official Bo Hines Confirms Crypto Legislation Progress Despite Challenges
Bo Hines, a White House official, stated that U.S. President Donald Trump is still on track to sign stablecoin and market structure legislation before Congress adjourns in August. […]
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Netflix’s Ad-Supported Tier Experiences Rapid Growth and Expands Ad Formats
Netflix has experienced significant growth in its ad-supported tier, with the number of users more than doubling over the past year. During an advertiser presentation, the company announced […]
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Tesla Chair Sold $230 Million in Stock Amid Profit Decline
NEW YORK (AP) — Robyn Denholm, the chair of Tesla, sold over $230 million worth of company stock as profits at Elon Musk’s carmaker declined significantly. This selling […]
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CoreWeave CEO Discusses Financial Impact of High Capital Expenditure
The CEO of CoreWeave has stated that increased spending to meet demand will likely impact earnings. Following its IPO, the company reported over 400% revenue growth in its […]
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Warren Buffett Steps Down as Berkshire Hathaway CEO Citing Age
Warren Buffett has revealed that he stepped down as CEO of Berkshire Hathaway after acknowledging the effects of his age. In an exclusive interview, Buffett explained that he […]
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Musk’s AI Chatbot Grok Misrepresents ‘White Genocide’ in Unrelated Conversations
Elon Musk’s AI chatbot Grok experienced a malfunction on Wednesday, repeatedly referencing ‘white genocide’ in South Africa during unrelated conversations. The chatbot, part of Musk’s xAI company and […]
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Netflix’s Ad-Supported Tier Reaches 94 Million Monthly Active Users
Netflix announced that its ad-supported subscription tier now boasts 94 million monthly active users, marking an increase of over 20 million since November. This tier, launched in November […]