By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
PayPal launches dollar-backed stablecoin, boosting shares
By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…
Musk’s Neuralink raises $280 million in funding led by Thiel’s Founders Fund
(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s…
Options bets on earnings-fueled volatility in US stocks paying off
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An options strategy that bets on stocks logging larger-than-expected moves on corporate…
Musk says fight with Zuckerberg to be live-streamed on X
NEW YORK/BENGALURU (Reuters) -Elon Musk said on Sunday his proposed fight with Meta Chief Executive Mark Zuckerberg would be live-streamed…
UPDATE: Google Faces Antitrust Heat
Flashback: The U.S. Justice Department and Google are tangled in a legal battle since 2020. The reason? The government believes…
JP Morgan’s New AI Partnership
The Big Picture: A strategic alliance between J.P. Morgan and TIFIN, two major players in the fintech sector, introduces TIFIN.AI.…
Jeff Bezos’ $11 Billion Day
As Amazon’s second-quarter earnings report rang out the final bell on Thursday, its echoes resounded not only through Wall Street…
URGENT: China Signals Military Readiness for Taiwan Assault
Situation Overview China has taken an alarming step, publicly showcasing its military preparedness for an assault on Taiwan through an…
EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition
By Abhirup Roy SAN FRANCISCO (Reuters) – Electric vehicle maker Lucid cut prices of its Air luxury sedans by as…