Asian stocks have plunged sharply as volatility surges to levels not seen since April. Concerns over stretched valuations arise following a tech-led selloff on Wall Street, with major players like Palantir and Nvidia facing scrutiny. Will the rally continue or is it time to take profits?
Steve Huffman, CEO of Reddit, has become a billionaire following the platform's record profits and strategic shift towards AI. With daily users doubling, Reddit is reshaping the social media landscape.
In a recent podcast, OpenAI's Sam Altman defended the company's ambitious $1.4 trillion financial commitments amid skepticism about their revenue growth. With major AI deals and high expectations, Altman is confident about future profits but acknowledges risks.
US businesses are struggling with a sudden penny shortage after the Mint stopped production. Many are rounding cash sales, impacting profits and causing confusion among customers. Learn how this affects retailers nationwide!
Tesla's recent earnings report shows a dip in profits due to tariffs, declining regulatory credits, and increased operating costs. As competition rises and tax credits fade, will Tesla's strategy hold up? Discover the latest insights.
A new report reveals companies will experience a staggering $1.2 trillion loss this year due to changing trade tariffs, wage increases, and rising expenses. Who will ultimately bear the burden of these costs?
Samsung's new 2nm GAA process for Exynos 2600 could reshape the chipset market, offering alternatives to Qualcomm and MediaTek amid TSMC's price hikes. Discover the implications of this shift!
Despite the U.S. government shutdown, the stock market continues to rise with the S&P 500 and Dow Jones hitting all-time highs. Investors remain optimistic, but there are concerns about valuations and upcoming profit reports.
The Minnesota Public Utilities Commission has approved BlackRock's takeover of Minnesota Power, ignoring warnings that it could lead to higher bills and reduced oversight. Critics fear this decision prioritizes profits over public interest.
Despite selling a majority stake to American investors, TikTok's Chinese parent company, ByteDance, is set to keep around 50% of the profits from its US operations, according to insider sources.
