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Nvidia, Tesla, Super Micro Drag Wall Street Lower
Drops for Nvidia, Tesla and other former superstars are dragging Wall Street lower Wednesday.
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X to Book 1st Annual Ad Revenue Growth Since Musk Takeover
Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed Wednesday.
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Tesla to Launch in Saudi Arabia Next Month
Tesla (TSLA) will launch in Saudi Arabia early next month, according to a post announcing the opening on the company's website.
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Trump: Liberal Billionaires Funding Tesla Attacks
President Donald Trump told Newsmax's Greg Kelly during an exclusive interview that he believes leftist billionaires are funding violent attacks aimed at Elon Musk and Tesla.
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Musk Taunts Financial Times for Tesla 'Mea Culpa'
Tech billionaire Elon Musk ridiculed The Financial Times after it walked back a report implying that his auto company, Tesla, had a $1.4 billion sum that had "gone astray."
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Dollar Tree to Sell Family Dollar for $1 Billion
Dollar Tree is nearing a sale of its Family Dollar business to a consortium of private-equity investors for about $1 billion, The Wall Street Journal reported Wednesday.
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GameStop's Crypto Pivot Boosts Shares 15%
GameStop (GME) jumped 15% Wednesday as the shares that were once at the center of "meme stock" trading frenzy caught investor attention again with the video game retailer making its move into cryptocurrencies.
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Nissan's New CEO Intends to Slash Production Time
Nissan (NSANY) plans to dramatically cut its car development time to boost its competitiveness, the struggling automaker's incoming CEO Ivan Espinosa said Wednesday.
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Delaware Loses Another Big Company Over Courts
The nation's largest shopping mall owner said it's leaving Delaware as its state of incorporation, citing concerns of increasingly woke behavior by courts.
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Data Privacy Experts Concerned Over 23andMe Bankruptcy
The genetic testing company 23andMe has filed for bankruptcy, prompting people who used the service by sending in DNA samples to be analyzed to wonder what will happen to their genetic data.
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Judge Orders June Trial for US Felony Case vs Boeing
A federal judge in Texas has set a June trial date for the U.S. government's years-old conspiracy case against Boeing for misleading regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people.
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Anheuser-Busch Stops Funding St. Louis Pride Festival
Anheuser-Busch, the St. Louis-based brewery whose Bud Light brand reportedly lost more than $1 billion after its 2023 association with transgender influencer Dylan Mulvaney, has pulled its sponsorship for the city's annual Pride festival.
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Trump's Crypto Empire to Offer New Stablecoin
President Donald Trump's crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets.
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Napster Sold to Tech Commerce Company for $207M
A brand that was notoriously connected to music piracy before reemerging as a subscription music service has been sold to Infinite Reality for $207 million.
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Samsung CEO Dead at 63 After Heart Attack
Samsung Electronics said Tuesday co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge of the tech giant as it revamps its underperforming chip business and navigates trade uncertainties.
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Tesla Cybertrucks Torched: Is This the Beginning of the End for EVs?
Tesla's Cybertruck, the all-electric, stainless-steel truck billed as a game-changer, has encountered a series of fire-related incidents in recent months.
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Waymo to Bring Its Driverless Taxis to Washington in 2026
Waymo Tuesday added Washington to its pioneering robotaxi service's steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation's capital city.
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Schneider Electric to Invest $700M in US to Power AI Boom
Schneider Electric said Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that could affect the French electrical equipment maker.
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Hyundai Steel to Build $5.8B Plant in Louisiana
South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a plant in Louisiana in the United States with an annual capacity of 2.7 million tons, the company said in a regulatory filing on Tuesday.This is part of Hyundai Motor's $21...
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DeepSeek's AI Upgrade Intensifies OpenAI Rivalry
Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with U.S. tech leaders like OpenAI and Anthropic.
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US Postpones Three Energy Efficiency Mandates on Home Appliances
The U.S. Energy Department said on Monday it is postponing the implementation of three mandates by the administration of President Joe Biden on energy efficiency for home appliances.
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Senators Urge Trump to Back Congress' TikTok Sale Extension
Three Democratic senators on Monday urged the White House to seek authority from Congress to extend a deadline for China's ByteDance to sell TikTok to safeguard the popular video sharing app from a potential ban.
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Boeing Looking for New Deal Following Deadly Crashes
Boeing is reportedly looking to get a new and more lenient deal with government prosecutors following an earlier plea agreement covering deadly crashes in 2018 and 2019.
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Supreme Court Tosses Wynn Defamation Case
The Supreme Court on Monday turned away a bid by casino mogul Steve Wynn to roll back defamation protections established in its landmark 1964 ruling in New York Times v. Sullivan, a standard that has been questioned by President Donald Trump and two of its conservative justices.
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Airbus in Defense, Space Talks Amid Spending Surge
Airbus is in discussions with European nations on new defense and space orders as the continent increases spending and is seeing an improvement in supply chains for its core jetliner business, senior executives said at a company event on Monday.