Tag: Business
OpenAI Secures $1.5 Billion Investment from SoftBank, Allowing Employee Share Sales
OpenAI, a leading AI startup, is making headlines with its recent $1.5 billion investment from SoftBank, allowing employees to sell their shares in a...
Interest Rate Cuts Expected Gradually According to Fed Meeting Minutes
Federal Reserve officials recently discussed the state of the economy and the labor market during their November meeting, as reflected in the meeting minutes...
Trump’s Treasury Pick Bessent Boosts U.S. Stock and Bond Markets
After President-elect Donald Trump announced his pick for Treasury secretary, Scott Bessent, the U.S. stock market and bond markets reacted positively. Bessent, the founder...
Intuit Stock Plummets on Missed Quarterly Revenue Forecast
Intuit, a finance software company, saw a decline in its stock by 6% in after-hours trading due to a missed quarterly revenue forecast. The...
Bitcoin Price Surges Towards $100,000 Amid Record-Breaking Rally
Bitcoin has hit a new all-time high, surging past the $99,000 level for the first time. This increase comes as investors are speculating on...
Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss
Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...
Adani Group Responds to New York Fraud and Bribery Allegations
Adani Group, a prominent company in India, has recently faced serious allegations of bribery and fraud by U.S. authorities. The chairman of the group,...
Nvidia Expects Strong Sales for Next-Gen Blackwell Chips
NVIDIA CEO Jensen Huang recently shared his insights on the future of artificial intelligence (AI) and its impact on energy consumption and production at...
Euro-Dollar Parity Reemerges Amid Trade Jitters After Trump Win
The recent victory of President-elect Donald Trump has led to concerns about the U.S. imposing new tariffs, causing economists to predict that the euro...
Comcast to Announce Cable Networks Spinoff on Wednesday
Comcast is making a big move by spinning off its cable network channels, according to sources familiar with the matter. This separation process is...