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Elon Musk was having worst year of his life - divorce, failed rockets, broke and close to nervous breakdown. How 3 days around Christmas saved him, SpaceX and TeslaIn 2008, Elon Musk faced near financial ruin with SpaceX and Tesla on the brink of collapse. After a critical SpaceX launch succeeded, NASA...
Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTDSouth Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after...
SpaceX IPO makes Elon Musk the world's first trillionaireAt a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a l...
Xpeng boss to head robot unit with humanoid mass production imminentThe announcement follows market talk that Shi Xiaoxin, a core executive involved in the IRON project, had left the company earlier this mo...
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
LIC buys Maruti Suzuki shares worth Rs 68 crore, insurer's stake in automaker crosses 5%Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares th...
SoftBank overtakes Toyota as Japan's most valuable company on AI boomSoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial ...
Samsung overtakes Micron in chips for cars to claim top spot; Captures 40% market shareSamsung Electronics has overtaken Micron Technology to become the world's top automotive memory chip supplier, capturing a 40 per cent mark...
Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
What is US stock market prediction for Monday? Wall street ends at record highs as AI stocks and Dell lead market rallyWhat is US stock market prediction for Monday? US stock market prediction for Monday remains linked to momentum from Wall Street's latest r...
US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopesWall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifte...
SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
Global firms bring more work in-house at India hubs on AI boostThe shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centre...
Global firms bring more work in-house at India hubs on AI boostGlobal firms are bringing more work in-house at their India centres. Artificial intelligence is boosting productivity. This reduces relianc...
US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
Automakers remodel supply chain strategyIndian carmakers are shifting from a 'just-in-time' to a 'just-in-case' inventory strategy, stocking critical auto components for three to ...