Business

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

July 16, 2025

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

July 11, 2025

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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

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Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

July 16, 2025

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

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

Uber taps AI firm Wayve to pilot fully driverless rides in the UK

June 10, 2025

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Uber Technologies Inc. (NYSE: UBER) has announced a strategic partnership with UK-based AI startup Wayve to launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This collaboration marks the UK’s largest pilot of autonomous vehicles to date and represents a significant step forward in Uber’s global autonomous mobility strategy. What Is Level […]

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FINANCE NEWS YOU NEED TO KNOW TODAY

AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

October 27, 2025

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]

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AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today

October 27, 2025

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1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]

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

Apple Sets September 9 Launch Event — iPhone 17 Rumors Spark Excitement

August 27, 2025

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Apple has officially announced a launch event scheduled for September 9 at 10 a.m. Pacific Time, inviting media and analysts to its campus. The event teaser carries the tagline: “Awe dropping.” As tradition goes, September is the month Apple typically unveils its latest iPhones. This year’s highly anticipated release is expected to be the iPhone […]

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

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

September 29, 2025

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Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]

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

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

July 8, 2025

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Samsung Electronics announced on Tuesday that it expects its operating profit for the second quarter to plummet by 56%, highlighting the challenges it faces in keeping up with soaring demand for advanced AI chips dominated by rivals like Nvidia. The South Korean tech giant — known globally for its smartphones and memory chips — projected […]

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Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Disney Warns of Possible ESPN and ABC Blackout on YouTube TV as Contract Talks Near Deadline

October 27, 2025

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Streaming giant YouTube TV could lose access to major Disney-owned networks — including ESPN and ABC — by the end of the month if a new distribution deal isn’t finalized in time. Disney announced on Thursday that it will begin notifying YouTube TV subscribers about the potential blackout, as its current contract with the platform […]

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Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal