EyePoint's drug for age-related eye disease fails late-stage trial, shares tank 70%EyePoint's experimental drug Duravyu failed a late-stage trial for a serious eye disease. The company's shares dropped significantly after ...
17 Aug, 2026, 09.05 PM IST
Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
14 Aug, 2026, 10.04 AM IST
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
12 Aug, 2026, 05.57 PM IST
Air taxi firm Joby acquires defense tech company for $500 millionElectric vertical take-off and landing aircraft (eVTOL) companies are focusing more on the military market as commercial development has ta...
12 Aug, 2026, 08.31 AM IST
Intel plans $15 billion share sale as turnaround rally lifts stockIntel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategi...
10 Aug, 2026, 07.04 PM IST
GameStop weighing withdrawal of eBay bid: Bloomberg NewsGameStop CEO Ryan Cohen is considering withdrawing the company's $56 billion bid for eBay, Bloomberg News reported on Monday, citing peo...
10 Aug, 2026, 06.46 PM IST
Meta launches new AI model as Zuckerberg champions open-weight pushThe new model, Muse Glimmer, is much smaller than leading AI models from rivals and is instead designed for agentic tasks and can run on a ...
10 Aug, 2026, 04.23 PM IST
Spotify forecasts weak profit as user growth slows in North America, EuropeSpotify anticipates lower third-quarter profit, missing Wall Street expectations. Slowing user growth in key regions impacts the streaming ...
04 Aug, 2026, 04.41 PM IST
Musk dismisses report of Tesla's potential China business saleTesla executives are preparing for a potential separation of its China business operations. This move comes as discussions about a possible...
01 Aug, 2026, 12.40 AM IST
Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
31 Jul, 2026, 05.49 PM IST
Coinbase shares take hit on quarterly loss, analysts back diversification strategyCoinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin's value has fallen significantly,...
31 Jul, 2026, 05.38 PM IST
Qualcomm shares fall 5% as higher costs, Apple-related weakness cloud profit forecastQualcomm's stock has seen a notable drop following its alert about escalating memory costs. Increased expenditures and rising prices are ex...
30 Jul, 2026, 09.13 PM IST
CBIZ shares soar 17% after Grant Thornton agrees to buy company in $5 billion cash dealCBIZ shares surged 17% after Grant Thornton Advisors agreed to acquire the company for $5 billion in cash. The deal will create the fifth-l...
29 Jul, 2026, 08.10 PM IST
Cognizant forecasts weak quarterly revenue amid cautious client spendingCognizant Technology has revised its third-quarter revenue projections, now falling short of Wall Street's expectations. The cautious stanc...
29 Jul, 2026, 06.23 PM IST
Vertiv shares crash 14% in pre-market after Q2 revenue misses estimatesVertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre ...
29 Jul, 2026, 06.03 PM IST
Europe's Eutelsat, SES set for $6 billion in U.S. spectrum-clearing paymentsThe US Federal Communications Commission has approved a framework to move satellite services out of part of the C-band radio spectrum, all...
27 Jul, 2026, 11.56 AM IST
Hut 8 signs $9.8 billion AI data centre lease, fully commercialises Texas campusHut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. ...
20 Jul, 2026, 04.36 PM IST