Business

Super Micro Stock Dips 6% After Missing Revenue Targets in Weak Preliminary Q1 Report

October 27, 2025

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Super Micro Computer Inc. saw its shares drop over 6% on Thursday after releasing weaker-than-expected preliminary results for the first quarter of fiscal year 2026. The AI server manufacturer announced it anticipates revenue of around $5 billion for the quarter, falling short of its earlier guidance range of $6 billion to $7 billion. The shortfall, […]

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

Standard Chartered CEO Predicts Blockchain Will Power Nearly All Global Transactions in the Future

November 4, 2025

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HONG KONG — Bill Winters, the CEO of Standard Chartered, envisions a future where blockchain technology underpins almost every financial transaction worldwide, as adoption of digital assets within mainstream banking continues to accelerate. Speaking at Hong Kong FinTech Week, Winters shared his conviction that “virtually all transactions will eventually be settled on blockchains” and that […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

July 9, 2025

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Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]

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

India’s $18 Billion Bet on Semiconductors: Can It Build the Next Global Chip Powerhouse?

September 23, 2025

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NEW DELHI — India has set its sights on becoming a major player in the global semiconductor industry, pledging investments worth 1.6 trillion rupees ($18.2 billion) to build a full-fledged chip ecosystem. The push comes as nations worldwide race toward semiconductor self-reliance, following U.S. restrictions on advanced chip exports to China in 2022. For India, […]

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

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

Norway’s $2 Trillion Wealth Fund Turns Against Elon Musk’s $1 Trillion Tesla Pay Deal

November 4, 2025

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Norway’s $2 trillion sovereign wealth fund, the world’s largest, has announced that it will vote against Elon Musk’s record-breaking $1 trillion compensation package at Tesla’s upcoming shareholder meeting, challenging the company’s leadership and Musk’s influence. The fund, officially managed by Norges Bank Investment Management (NBIM) and a major Tesla shareholder, revealed on Tuesday that it […]

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

China Eases Key Mineral Export Bans to the U.S. as Trade Peace Strengthens

November 10, 2025

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In a major sign of easing tensions, China has lifted several restrictions on the export of critical minerals and rare earth materials to the United States, signaling progress in the ongoing trade truce between the two economic superpowers. The Chinese Ministry of Commerce announced Friday that it would temporarily suspend certain export controls on materials […]

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

Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

July 14, 2025

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Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]

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

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

July 17, 2025

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In May, Tesla revised its corporate bylaws, introducing a new rule that requires shareholders to hold at least 3% of the company’s stock—currently valued at around $30 billion—to file a derivative lawsuit for alleged breaches of fiduciary duty. This move has drawn strong opposition from officials in New York State, who are now formally urging […]

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

Trump and Other Meme Coins

June 5, 2025

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has clarified that meme coins, including the $TRUMP token, do not fall under the agency’s regulatory purview. This stance has significant implications for investors and the broader cryptocurrency market. SEC’s Position on Meme Coins In a recent interview, Commissioner Peirce emphasized that many meme coins, such […]

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