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FINANCE NEWS YOU NEED TO KNOW TODAY

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YouTube Crosses $100 Billion in Creator Payouts as It Celebrates 20 Years

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YouTube Crosses $100 Billion in Creator Payouts as It Celebrates 20 Years
Business
YouTube revealed on Tuesday that it has distributed over $100 billion to creators, artists, and media partners since 2021 — a record milestone that highlights the platform’s role as one of the most profitable digital ecosystems in the world. The surge in earnings has been largely driven by the rise of connected TV viewership. According […]
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ChatGPT Image Jul 17, 2025, 10_22_41 AM

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

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ChatGPT Image Aug 12, 2025, 04_06_24 PM
Business
OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]
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ChatGPT Image Jul 9, 2025, 12_17_06 PM

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

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OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation
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OpenAI is reportedly preparing a secondary share sale worth around $6 billion that could value the artificial intelligence giant at nearly $500 billion. The offering would allow current and former employees to cash out shares, with major investors such as SoftBank, Dragoneer Investment Group, and Thrive Capital said to be in talks to participate. Thrive […]
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ChatGPT Image Jul 9, 2025, 12_17_06 PM

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Apple Stock Soars to 5-Year High After White House Push for U.S. Manufacturing

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ChatGPT Image Aug 12, 2025, 04_12_48 PM
Business
Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]
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ChatGPT Image Aug 8, 2025, 10_13_48 AM

Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

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Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms
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Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]
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ChatGPT Image Aug 8, 2025, 10_13_55 AM

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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ChatGPT Image Aug 12, 2025, 04_30_39 PM
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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]
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ChatGPT Image Jul 17, 2025, 10_22_41 AM

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

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Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence
Business
Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Huawei Unveils $2,500 Mate XTs Trifold Smartphone as It Pushes for Global Comeback

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Huawei Unveils $2,500 Mate XTs Trifold Smartphone as It Pushes for Global Comeback
Business
Huawei has officially launched the second generation of its trifold smartphone, the Mate XTs, as part of its push to solidify dominance in China and expand its footprint overseas. The Mate XTs, priced from 17,999 yuan ($2,520) to 21,999 yuan, features two hinges that allow the device to fold at multiple points, transforming it into […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Telegram Launches Built-In Crypto Wallet for 87M U.S. Users — No App Needed

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ChatGPT Image Jul 23, 2025, 02_26_50 PM
Business
Telegram has officially rolled out its integrated crypto wallet to 87 million users in the United States, allowing them to send, receive, and manage digital assets directly within the app—no separate downloads, browser extensions, or logins required. Called TON Wallet, the feature is now live within Telegram’s interface. It functions as a self-custodial wallet, meaning […]
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ChatGPT Image Jul 9, 2025, 12_19_38 PM

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

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