US chipmakers suffer $1.3 trillion in stock market losses
The market value of U.S.-traded chipmakers fell by roughly $1.3 trillion on Friday. AI heavyweights like Nvidia, Micron Technology, and Advanced Micro Devices saw significant
Dangote’s Kenyan refinery project faces hurdles, including crude supply and funding.
Billionaire Aliko Dangote is determined to duplicate Africa's largest oil refinery on the other coast of the continent, less than three years after overcoming rising
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Vanguard’s index fund achieves the milestone of the first $1 trillion ETF.
The flagship exchange-traded vehicle of the index investing pioneer, the Vanguard S&P 500 ETF, became the first ETF in history to achieve and surpass $1
Broadcom to suffer $315 billion loss in market value as AI results fall short of lofty expectations.
After the company’s earnings fell short of high expectations over demand for its bespoke AI chips business, Broadcom’s shares plummeted more than 14% on Thursday,
SpaceX to raise a record $75 billion, with an IPO price of $135 per share.
Elon Musk’s SpaceX intends to fix its IPO price at $135 per share in an unexpected move ahead of its investor roadshow to raise a
Cisco releases software tools to defend IT infrastructure against cybersecurity threats.
Cisco Systems on Tuesday revealed a new set of software tools that companies can use to create their own AI agents, or armies of bots,
Berkshire Hathaway to acquire Taylor Morrison for $6.8 billion in cash to grow its housing business.
To expand its housing business, Berkshire Hathaway agreed on Sunday to purchase Taylor Morrison Home Corp for $6.8 billion in cash. The deal is Berkshire’s
Elon Musk’s IPO-bound SpaceX gets a $4.16 billion US Space Force deal for threat-detection satellites.
The U.S. Space Force announced on Friday that it has given Elon Musk’s SpaceX, which is set to go public, a $4.16 billion contract for
The first Windows PC to run Nvidia chips will be released next week.
Axios reported on Saturday that Nvidia and Microsoft are to release the first Windows OS computers with Nvidia’s processors as the primary CPU next week.
Anthropic jets to a $965 billion valuation with the injection of $65 billion in new funding as Claude’s demand soars.
Anthropic, an artificial intelligence company, announced on Thursday that it has raised $65 billion in private funding, increasing its valuation to $965 billion. This staggering
Chinese online retailer Temu fined $232 million for hazardous toys and unsafe electronics.
Temu was fined 200 million euros ($232 million) on Thursday after a probe by the European Union revealed that the Chinese online retailer had neglected
Load More
