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In a turbulent period for Tesla, the electric vehicle giant saw a 29% drop in its stock value during the first quarter. It was the worst quarter since 2022 and the third worst quarter since the company went public in ...

Amazon has announced a significant investment worth $2.75 billion in Anthropic, a San Francisco-based AI startup known for its competitive edge in generative AI. This brings Amazon's total promised investment to $4 billion. This investment is part of a strategic ...

Despite the world’s inexorable march into an electrified automotive future, not all EV startups survive. Shares of Fisker, a California-based electric vehicle startup, were halted Monday. The company had warned in its March earnings call that cash was tight, and ...

Step aside Nvidia, the hottest trade of 2024 is shaping up to be a commodity: cocoa. In an unprecedented surge, cocoa futures have soared, more than doubling since the start of the year and recently surpassing an all-time high of ...

Nvidia is making a big push into generative AI for surgery and medical imaging. The company recently announced the launch of roughly two dozen new AI-powered, healthcare-focused tools. It also reported significant deals with Johnson & Johnson and GE Healthcare ...

In what could be a landmark partnership reshaping the tech landscape, Google and Apple are considering incorporating Gemini's cutting-edge AI into the iPhone, stirring the stock market and signaling a new chapter in AI's consumer technology role. The hint of collaboration ...

The recent surge in gold prices to an all-time high of $2,203 per ounce, with forecasts suggesting a potential rise to $2,300, underscores a remarkable trend in the global economy. The rally, powered by a combination of strong physical demand, central ...

And just like that, the pendulum has swung. The price of Bitcoin, after an impressive surge in the last few weeks, is pulling back sharply.  It recently dropped below the $61,000 threshold, marking a continuation of the sell-off that began ...

In a monumental shift in monetary strategy, Japan has bid farewell to its negative interest rate policy, a move signaling the end of an aggressive monetary easing era aimed at combating chronic deflation. This departure from a policy set in place ...

India has set its sights on becoming one of the top five global semiconductor producers within the next five years. The country plans to gatecrash the global semiconductor value and supply chains, amidst increasing efforts to reduce reliance on China ...

In an alarming moment for Germany's property market, Vonovia, a leading real estate firm, experienced a significant share price drop of 7% following the announcement of its largest ever annual loss. The company's financial struggles highlight the broader challenges facing ...

Tesla stock used to be a sure bet, but the automaker now finds itself in a precarious position as its stock falls. Since its peak in 2021 at $407, Tesla's shares have slid by approximately 60%. This decline makes it ...

Adidas has reported losses from the fallout from terminating its collaboration with Kanye West. The partnership ended after the rapper sparked controversy with anti-Semitic remarks on social media, halting the lucrative Yeezy trainer line and leaving the company burdened with ...

In a promising development for China's economy, the country's export sector exhibited robust growth in the first two months of 2024, defying expectations and signaling potential relief for policymakers working to revitalize the world's second-largest economy. Official data revealed that exports ...

The price of oil is notoriously volatile, but 2023 was relatively stable, starting and ending at $72.47 per barrel, after a peak of $89.19. This stability starkly contrasted with 2022's turbulent market, where prices soared to $114 from an opening ...