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Tesla Ends Model S and X Production, Pivoting to Optimus Robots
Tesla CEO Elon Musk announced the company is phasing out its flagship Model S and Model X vehicles. Only a few hundred units remain in current inventory....
Nebius Group Eyes AI21 Labs Acquisition, Shares Slide 2%
Nebius Group N.V. is in discussions to acquire the Israeli artificial intelligence startup AI21 Labs. The Information reported the potential deal on April 9,...
Meta Removes Lawyer Ads Seeking Plaintiffs for Social Media Addiction Lawsuits
Meta has begun removing hundreds of advertisements on Facebook and Instagram placed by trial lawyers seeking to recruit clients for lawsuits alleging social...
BMNR Uplists to NYSE and Expands Share Repurchase Program to $4 Billion
Bitmine Immersion Technologies (BMNR) announced its successful uplisting to the New York Stock Exchange (NYSE) and a major expansion of its share repurchase...
US Economic Growth Slows to 0.5 Percent in Fourth Quarter 2025
The United States economy recorded a sharp deceleration in the final quarter of 2025, with Gross Domestic Product growth falling to a rate of 0.5%. This figure...
February PCE Inflation Holds Steady at 2.8 Percent Matching Market Forecasts
The Federal Reserve’s primary inflation gauge, the Personal Consumption Expenditures (PCE) price index, held steady at an annual rate of 2.8% for February....
Adobe Reader hit by zero-day exploit, targeting oil and gas data
Security researchers discovered a zero-day vulnerability in Adobe Reader. Attackers have actively exploited the flaw since December 2025. The sophisticated...
Samsung to invest $4B in Vietnam, fueling AI chip expansion
Samsung Electronics plans to invest $4 billion in a new chip packaging facility in Vietnam’s Thai Nguyen province. The investment aims to meet surging global...
UK Accuses Russia of Attacking Naval and Energy Assets
The United Kingdom has accused Russia of launching a sabotage operation against its navy and critical infrastructure, including pipelines, in the North Sea. In...
CoreWeave Announces Proposed $4.25 Billion in Senior and Convertible Note Offerings
CoreWeave, Inc. announced its intention to offer a combined $4.25 billion in two separate private debt offerings. The company plans to issue $1.25 billion in...
Freedom Holding Corp. Announces It Is Considering a Common Stock Offering in Kazakhstan
Freedom Holding Corp. (FRHC) announced that it is contemplating an offering of its common stock in Kazakhstan. The company is considering the action, but a...
OpenAI halts UK Stargate project, citing energy costs and regulation
OpenAI suspended its Stargate AI infrastructure project in the United Kingdom. High energy costs and the current regulatory environment prompted the decision....
OpenAI limits advanced cybersecurity AI release, citing hacking risks
OpenAI is finalizing an advanced AI model featuring specialized cybersecurity capabilities. The company plans a limited release to a small group of selected...
Chevron's first quarter 2026 outlook highlights strong commodity price gains overshadowed by significant negative timing effects.
Chevron provided guidance on several items affecting its first quarter 2026 results, indicating that strong underlying performance from higher commodity prices...
Meta Commits $21 Billion to CoreWeave, Securing Infrastructure for AI Race
Meta Platforms expanded its artificial intelligence investment by committing $21 billion to CoreWeave for cloud infrastructure. The new long-term agreement...
Alibaba Launches Top-Ranked AI Video Model, Beating ByteDance in User Preference
Alibaba reportedly released a new AI video model named HappyHorse-1.0 under an anonymous label. The model secured the top ranking on the Artificial Analysis...
Amazon Details $200B Capex Plan for 2026 to Drive Aggressive AI Expansion
In its 2025 Letter to Shareholders, Amazon detailed a significant strategic push into Artificial Intelligence, underpinned by a planned capital expenditure of...
Circle Launches Payments Platform for Businesses to Use USDC Without Holding Crypto
Circle Internet Group launched the Circle Payments Network (CPN) Managed Payments platform. The service enables businesses, payment providers, and fintechs to...
IBM Slides on Price Target Cuts, Ahead of April 22 Earnings
IBM shares declined following several analyst price-target adjustments. The company will report first-quarter financial results on April 22. Stifel...
Apple Tests Foldable iPhone, Facing Severe Mac Shipping Delays
Apple started trial production for its first foldable smartphone in a subdued market. Supply chain sources report the final mass production schedule remains...