Finance & Business
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Nvidia Beats Q2 Expectations with $46.7B Revenue but Faces China Headwinds
Nvidia reported stronger-than-expected earnings for the second quarter of fiscal 2026, driven by demand for its AI chips. The chipmaker posted earnings per...
Nvidia Earnings Could Trigger $260 Billion Market Swing
Nvidia could see a $260 billion change in market value following its second-quarter earnings this week, according to U.S. options market data. Options...
What Are Stablecoins and Why the US Is Paying Attention
Stablecoins are digital currencies designed to maintain a stable value by being backed by assets such as cash, US Treasury bills, or other...
Orsted Shares Plunge After Trump Halts Rhode Island Offshore Wind Project
Shares of Danish wind energy company Orsted A/S fell as much as 19% to record lows after the Trump administration ordered construction paused...
U.S. Furniture Stocks Fall After President Signals Major Tariff Review
U.S. furniture stocks fell sharply in premarket trading after President Donald Trump announced a “major” tariff investigation into the furniture industry. The president...
China Stocks Surge Despite Economic Weakness, Bubble Concerns Grow
China’s stock market is rising sharply, even as the country faces tariffs, a property crisis, and weak economic indicators. The Shanghai Composite Index...
Markets Fall Ahead of Nvidia Earnings and Fed Uncertainty
U.S. stock futures edged lower on Monday as investor optimism about a possible Federal Reserve rate cut cooled. The S&P 500 futures slipped...
U.S. Debt Rises by $3.3 Trillion as New Spending Bill Passes
The United States is set to see a sharp increase in its national debt after lawmakers approved a new spending bill that could...
Average Seattle Household Needs $91K to Afford Rent
Renting in Seattle has become significantly more expensive, with households now needing nearly $91,000 annually to afford typical monthly rent, according to Zillow...
Stocks, Crypto, and Gold Surge After Fed Chair’s Dovish Pivot
Federal Reserve Chair Jerome Powell signaled a softer stance on monetary policy Friday, sparking a sharp rally across global markets and a steep...
Jay-Z Tops Forbes List as World’s Richest Musician with $2.5 Billion Fortune
Hip-hop icon Jay-Z, born Shawn Corey Carter, has been named the world’s richest musician, with a net worth of $2.5 billion, according to...
Oil Prices Drop Near 11-Week Lows After Surprising U.S. Crude Build
Oil prices fell to near 11-week lows on Wednesday following reports of higher U.S. crude inventories and rising global supply. The International Energy...
Quant Funds Sink as S&P 500 and Nasdaq 100 Soar to New Highs
U.S. stock markets set new records in July, with the S&P 500 closing at 6,445 and the Nasdaq 100 at 23,839. The rally...
Trump’s Tariffs Bring in Over $100 Billion in 2025, But Raise Costs for Families
In 2025, President Donald Trump’s tariffs on imported goods generated a record revenue of more than $100 billion for the U.S. government. This...
US Faces 60% Chance of Recession in Next 12 Months, Economist Warns
The U.S. economy may be heading toward a downturn. Peter Berezin, chief global strategist at BCA Research, says there is a 60% chance...
Patreon Sees $2 Billion Annual Payouts and 25 Million Paid Members
Creators on Patreon have earned more than $10 billion from fans since the company started in 2013, CEO Jack Conte told Axios. Today,...
Spotify Stock Jumps 5% After Raising Premium Prices Worldwide
Spotify Technology (SPOT) saw its stock price rise by 5% on Monday after announcing plans to increase the price of its premium subscription...
Tesla Grants Elon Musk $29 Billion Compensation Package Amid AI Talent Competition
Tesla’s board of directors has approved a new compensation package for CEO Elon Musk worth about $29 billion in company shares. The company...
AI Threatens Jobs in India’s Biggest Private Sector
India’s IT industry is cutting jobs as it faces growing pressure from global market changes and the rise of artificial intelligence (AI). Tata...
Music Industry Sees Mixed Results in Q2 2025 as Growth Meets Investor Caution
The second quarter of 2025 brought mixed earnings for the global music industry. While some companies saw solid growth, investor confidence remained shaky...
Bing Grows in the Search War as Google’s Share Slips
Microsoft’s Bing search engine has made noticeable gains against Google over the past two years, following the launch of its AI-powered Bing Chat....
Alphabet and Nvidia Eye $30 Billion Investment in AI Startup Vast Data
Alphabet’s growth-stage investment arm, CapitalG, and Nvidia are discussing a major funding round for AI infrastructure startup Vast Data. The deal could value...
Sam Altman, Zuckerberg, Bezos Invest in Survival Bunkers
Silicon Valley’s tech leaders, known for innovation and cutting-edge technology, are quietly building luxury bunkers. CEOs like Sam Altman of OpenAI, and billionaires...
Alibaba’s Stock Falls Over 60%, But Growth Could Return
Alibaba Group, China’s largest e-commerce and cloud company, has seen its stock price drop by more than 60% from its all-time high. Once...
Gen Z Struggles with $37,172 Student Debt and Skyrocketing Rent
Generation Z is facing growing financial pressure as they deal with high student loan debt and expensive living costs. On average, members of...
Jaguar Land Rover CEO Steps Down After Controversial ‘Woke’ Rebrand and Sales Decline
Jaguar Land Rover (JLR) CEO Adrian Mardell will retire after three years in the role and 35 years at the company, JLR announced...
Spotify Shares Drop 11.5% as $16 Billion Wiped Off Market Value
Spotify’s stock price fell sharply on Tuesday, dropping 11.5% and wiping out over $16 billion in market value, after the company reported lower-than-expected...
Mark Cuban: The First Trillionaire Could Be “Just One Dude In The Basement” Using AI
Billionaire entrepreneur Mark Cuban has suggested that the world’s first trillionaire could be a single individual using artificial intelligence (AI) in a groundbreaking...
U.S. Tariff Revenue Hits $150 Billion, On Track for $300 Billion in 2025
U.S. customs duties have reached a record $150 billion in the first half of fiscal year 2025, driven by President Donald Trump’s aggressive...
UMG Board Loses Major Shareholder as Cyrille Bolloré Steps Down
Cyrille Bolloré, a major shareholder and board member of Universal Music Group (UMG), has stepped down from UMG’s board of directors, effective immediately....
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