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Elon Musk plans to give every American child 1 SpaceX share in 2027.
The proposed giveaway could cover 73 million children and co…
Business Bulletin
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$38 million raised: Funding will support AI development and expansion.
50-plus hospitals: Healthleap reports rapid customer growt…
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China’s economy grew 4.5% in the third quarter, supported by strong exports.
The country recorded a $938 billion trade surplus du…
Microsoft exits Nscale’s £2 billion UK AI project.
Grid delays push power connection to the 2030s.
Nscale explores alternative power sources.
…
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CNN signed a multi-year agreement with Google to support AI experiments.
The partnership gives Google enhanced content rights fo…
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2028 Production Target: Tesla aims to begin Roadster production in 2028.
Flying Technology: The prototype uses 10 nozzles and hi…
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GTCR and Elliott will acquire CCC Intelligent Solutions in a $6.1 billion deal.
Shareholders will receive $7.75 per share, a 44%…
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Rate Decision Unclear: Fed delays signals on October rates.
Global Inflation: Central banks tighten monetary policy.
AI Growt…
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AstraZeneca will pay Insitro $40 million upfront for AI-driven drug discovery.
The partnership targets severe liver disease and …
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Perella Weinberg shares fell 16.3% after the merger talks ended.
Piper Sandler shares rose 5% following the announcement.
The…
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Bending Spoons shares surged 41% after Berkshire Hathaway announced another $330 million investment.
The investment raises Berks…
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Anthropic’s Q3 revenue jumps to $16.8 billion.
Company reports adjusted profitability.
Potential IPO looms amid rising AI comp…
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Houthi attacks have disrupted air travel and raised operating risks across Saudi Arabia.
An airport attack killed 13 people and …
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Bank of America faces more than $1.21 billion in total penalties.
A $1.2 billion FinCEN fine accounts for most of the total.
…
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Ithaca offers $1.3 billion to take Bumble private.
Bumble faces falling paid subscriptions and slowing revenue.
New leadership…
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AI Launch: Meta unveils two AI models to rival OpenAI and Anthropic.
Leadership Move: Zuckerberg strengthens Meta’s AI strategy u…
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South Korea’s KOSPI fell 6% as memory chip stocks extended losses.
Samsung and SK Hynix shares each dropped roughly 8% during tr…
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Amazon is reportedly considering a $7 billion acquisition of AI startup Decart.
Decart develops software that helps AI workloads…
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800GB+ Data: NASA releases Artemis II files.
Lunar Discovery: Crew records Moon impact flashes.
Open Research: Three reports …
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Tokenization could release tens of billions of dollars held in collateral.
Nasdaq CEO Adena Friedman said continuous trading req…
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94% Threat Detection: Goodfire detects malicious AI activity in testing.
Low-Cost Monitoring: Checks cost about 3 cents per sess…
Key Takeaways
Takeover Report: Starbucks reportedly explored buying Chipotle.
Stock Reaction: Chipotle rose 6.2%; Starbucks fell as much as 6.6…
Key Takeaways
Visa Crackdown: U.S. suspends Microsoft, Adobe, and other firms.
Microsoft Responds: 80% of H-1B applications involved existing e…
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Firmus withdrew its planned $5 billion IPO, citing market volatility and conditions.
The proposed offering valued the Australian…
Key Takeaways
$100M Revenue: First women’s team to cross $100M.
$1B Valuation: Most valuable women’s sports franchise.
Fan Power: Sellouts d…
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Amazon is cutting fewer than 1,000 corporate roles, mainly within its Stores division.
The latest reductions follow about 30,000 …
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Samsung expects a record 107.4 trillion won operating profit in Q3.
The projected profit is 782% higher than the previous year.
…
Key Takeaways
$1.8B Push: U.S. agencies and tech giants are backing AI biology data.
Faster Research: Biohub aims to accelerate drug developmen…
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Google signed a $4.3 billion nuclear energy agreement with Constellation Energy.
The deal will bring 890 megawatts of nuclear cap…
Key Takeaways
Uber to acquire ezCater for $2.3B in an all-cash deal.
ezCater brings $2.5B+ in bookings and 140,000+ restaurant partners.
Ube…
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C.H. Robinson will acquire RXO in a $5.8 billion transaction.
The combined logistics company will have enterprise value above $25…
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SpaceX stock jumped 8% to a June high.
Musk’s wealth topped $1 trillion again.
Starship an…
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Box Office: “Endgame” reaches $2.925 billion.
Rerelease: Adds $126 million worldwide.
Next Film: Builds buzz for “Avengers: Do…
Key Takeaways
Schneider Electric is discussing a potential $20 billion acquisition of PTC.
The deal would surpass Schneider’s $11 billion Aveva…
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Google's Suncatcher test puts 4 AI processors into orbit.
Data centers could consume 3% of global electricity by 2030.
Scaling…
Key Takeaways
Rates rise: Individual plans could increase up to 21.1%.
Small groups: Rates could climb up to 21.4%.
Enrollment: Open enrollm…
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Nike reported a 4% revenue decline to $11.2 billion.
The company expects fewer roles as restructuring efforts begin in 2027.
N…
Key Takeaways
Q4 beat: Revenue hit $18.68B; EPS reached $3.29.
AI momentum: AI bookings more than tripled.
2027 outlook: Revenue growth fore…
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Nidec appointed Michio Kaida as CEO after Mitsuya Kishida resigned Tuesday.
The company reported impairment losses exceeding ¥630…
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McCartney champions sustainable materials.
Luxury brands urged to scale alternatives.
Industry coalition targets greener suppl…
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NASA and SpaceX clear Crew-13 for launch.
Falcon 9 targets liftoff on Oct. 1.
Four astronauts will head to the ISS.
Crew-…
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Micron reported $54.23 billion in quarterly revenue, beating market expectations.
The company expects next quarter revenue betwee…
Key Takeaways
Cindy Holland exits Paramount ahead of the Warner Bros. Discovery deal.
Casey Bloys is set to lead the combined streaming operati…
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Shell will double LNG Canada capacity to 28 million tonnes annually.
The project includes partners from Malaysia, China, Japan, a…
Key Takeaways
Starship reached orbit for the first time.
26 Starlink satellites were deployed.
SpaceX shares fell 2% despite the milestone.
…
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Instinct raised $1 billion in Series C funding at a $10 billion valuation.
The funding follows a $250 million round completed jus…
Key Takeaways
Diesel prices hit record highs, increasing transportation and business costs.
Producer prices rose, with diesel driving a signifi…
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Nio and Geely are expanding their battery swap partnership through new ownership links.
Geely will acquire a 30% stake in Nio Pow…
