Business

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

September 23, 2025

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CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief

October 27, 2025

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1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]

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Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Nvidia Spends $900 Million to Bring Enfabrica CEO on Board and License AI Startup’s Breakthrough Tech

September 19, 2025

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Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]

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

Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket

October 27, 2025

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While the global enterprise AI landscape is often dominated by U.S. giants like Microsoft and Salesforce, Europe’s SAP is rapidly emerging as a powerful contender — and it’s betting big on artificial intelligence. In a recent interview, SAP CEO Christian Klein revealed that AI is now the top driver behind new client contracts, fueling impressive […]

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SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

August 18, 2025

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A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]

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

Coinbase CEO Slams Banks for Attacking Stablecoin Rewards With “Boogeyman” Claims

September 19, 2025

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Coinbase CEO Brian Armstrong joined fellow crypto leaders on Capitol Hill this week in a heated policy battle with the banking industry — a fight that could impact trillions of dollars in deposits. Banking advocacy groups are lobbying lawmakers to ban crypto exchanges from offering stablecoin rewards, arguing that such perks mimic traditional bank interest […]

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Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Meta Slashes 600 Jobs in AI Division as Alexandr Wang Strengthens Control Over Company’s Artificial Intelligence Vision

October 27, 2025

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Meta is laying off around 600 employees from its artificial intelligence division as part of a major restructuring aimed at streamlining operations and accelerating innovation. A company spokesperson confirmed that the move is part of CEO Mark Zuckerberg’s broader plan to make the organization leaner and more efficient. The job cuts were announced in a […]

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From Dropout to Design Mogul: How Dylan Field Built Figma Into a $70B Powerhouse

Apple Increases iPhone Pro Price for First Time in 7 Years, Unveils New iPhone 17 Air

September 10, 2025

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Apple has officially raised the starting price of its flagship iPhone Pro model in the U.S. for the first time since 2017, a move long anticipated by analysts and investors. The new iPhone 17 Pro now starts at $1,099, which is $100 more than last year’s iPhone 16 Pro. Alongside it, Apple has also introduced […]

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

Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers

September 23, 2025

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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]

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Big Tech Soars: Google Antitrust Win, Apple Boost & $10B AI Deals Drive Market Value to $21 Trillion

Alibaba Unveils $660 AI Glasses to Challenge Meta and Launches Its Own ChatGPT Rival

October 27, 2025

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Alibaba has officially entered the smart wearable race with the launch of its Quark AI Glasses and a new ChatGPT-style chatbot, signaling its strongest consumer-focused AI push yet. The tech giant announced that pre-orders for the Quark AI Glasses will begin on October 24 via Tmall, its flagship e-commerce platform. The initial pre-sale price is […]

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