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US DOJ closes criminal probe into Abbott over baby formula plant: ReportThe US Justice Department has reportedly ended its criminal investigation into Abbott Laboratories concerning its baby formula plant, which...- iPhone 18 Pro Max cost predictions are here; Why it could be Apple's most expensive standard iPhone yetApple's iPhone 18 Pro Max, expected in September 2026, could be significantly more expensive than its predecessor, according to reports. A ...
- AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...
- European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
- US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
- US stocks fall as report of OpenAI IPO delay causes jittersWall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that valuations may be entering bubble ...
- JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
- Iran seeks long-term role in managing Strait of Hormuz, eyes billions in annual feesIran is proposing new charges for security and services in the Strait of Hormuz, aiming to generate significant revenue and reshape its man...
- Anthropic says Alibaba illicitly extracted Claude AI model capabilitiesUS AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence...
- Quote of the day by Melinda French Gates: 'When something's uncomfortable, it means you're actually growing, so embrace that. Try not to be afraid..' ; lesson on importance of facing bitter truths from American philanthropistMelinda French Gates advocates embracing discomfort as a catalyst for growth and resilience. Her perspective gains significant weight follo...
- U. S government health CDC journal blocked COVID-19 vaccine study but paper has finally been published. What is in it? Details hereCovid-19 study approach, called "test-negative design", looks at people who were admitted to hospitals or visited emergency rooms with resp...
- Iran war actual cost: How much fund Donald Trump's U.S. is spending in conflict against Tehran? Amount will shock AmericansIran war comes with a high cost for President Donald Trump and the U.S. As experts still trying to gauge the actual cost of the Iran war.
- Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful ana...
- Google DeepMind signs AI research deal with film studio A24Google DeepMind, a leader in artificial intelligence, is now joining forces with celebrated indie studio A24 to delve into the effects of A...
- Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reportsThe US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger fun...
- Donald Trump says Apple to partner with Intel on US chip design, productionA partnership with Intel helps Apple diversify its manufacturing base as it seeks additional chip capacity. The iPhone maker relies heavi...
- Apple CEO Tim Cook says AI boom makes price increases 'unavoidable'Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase...
- Apple to raise prices due to memory chip shortage, CEO Tim Cook says: ReportApple CEO Tim Cook announced plans to increase product prices due to soaring memory and storage chip costs, driven by AI demand. He stated ...
- US-Iran deal allows Tehran to immediately sell oil: ReportAmerica will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on I...
- Elon Musk says SpaceX could bring $1 trillion in revenue by 2030Elon Musk predicts SpaceX could generate over $1 trillion in revenue by 2030, a bold statement following the company's valuation exceeding ...
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