business
Cerebras' Revenue Doubles, Stock Takes a Hit In its first earnings report since going public through an initial public offering (IPO), Cerebras Systems reported a significant increase in revenue. The AI chipmaker announced that its revenue had almost doubled, but the positive news was overshadowed by the company'
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Alphabet to Replace Verizon in Dow Jones Industrial Average In a move that signals significant changes to the composition of the US stock market, S&P Global announced on Tuesday that Alphabet Inc., the parent company of Google, will be replacing Verizon Communications Inc. in the Dow Jones Industrial
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FedEx Stock Plummets 5% After Fiscal Fourth Quarter Earnings Release In a surprise move, International courier service FedEx (FDX) stock sank 5% in post-market trading on Tuesday. This sudden decline in the company's stock price is largely attributed to its fiscal fourth quarter adjusted earnings release. What
business
Asian Stocks Rebound Briefly, Then Lose Momentum After Chipmaker's Losses A brief rebound in Asian stocks that followed a global tech-led selloff on Tuesday lost momentum as losses in bellwether chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) weighed on the market. The MSCI Asia Pacific Index, which tracks
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California Takes On Trump Administration Over Offshore Wind Project In a move that could have significant implications for the renewable energy industry, California is planning to sue the Trump administration over its decision to allow a major offshore wind project to be canceled. According to reports, the state's
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Department of Energy Announces Conditional Loans for Nuclear Reactor Supply Chain Strengthening On a significant development, the Department of Energy (DOE) has announced an investment of $17.5 billion in conditional loans to support the commercial supply chain for nuclear reactors. This move is aimed at ensuring the long-term
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AI Startup Sues US Government Over Technology Restrictions In a recent development, an artificial intelligence (AI) startup has taken the United States government to court over a directive that restricts access to certain cutting-edge AI technologies. The lawsuit was filed by Anthropic, a company known for developing advanced language
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Prime Day Deals: Exclusive Discounts on Top Brands The wait is finally over! Amazon's Prime Day has kicked off, offering exclusive discounts on a wide range of products from top brands like Dyson, LEGO, Beats, Le Creuset, Samsung, and many more. We've hand-picked some of
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Amazon Prime Day 2026: The Countdown Begins The highly anticipated Amazon Prime Day 2026 is finally just around the corner, and for Prime members, the excitement is palpable. While some deals might be reserved exclusively for tomorrow's official launch on June 23, 2026, many of the best early
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The Origins of Summer's Biggest Shopping Event: A Deep Dive into Prime Day As the summer months approach, many retailers are gearing up for their biggest shopping event of the season. While Christmas in July is a relatively new tradition, one major player has been hosting its own
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Alphabet's Shares Plummet After Senior Research Scientist Leaves Google DeepMind In a surprise move, John Jumper, a highly respected senior research scientist and Nobel Prize winner, announced that he is leaving his position at Google DeepMind to join an artificial intelligence startup. This news has sent shockwaves through
business
Groundbreaking Partnership: Microsoft and Chevron Unveil Massive Natural Gas Power Plant In a significant move, global technology giant Microsoft and oil and gas major Chevron have announced plans to develop a state-of-the-art natural gas power plant in West Texas. The 2.67-gigawatt power plant is expected