Business
Business
SpaceX and Tesla Commit $16.8 Billion to Launch Terafab AI Chip Plant in Texas
SpaceX and Tesla will invest an initial $16.8 billion to build the Terafab AI semiconductor complex in Texas.
The plant will manufacture, package...
Business
Apple Faces Potential $500 Billion Market Value Drop After Weak Business Outlook
Apple could lose close to $500 billion in market value following its latest business forecast.
Investors reacted negatively to the company's cautious guidance...
Business
Microsoft Adds 450 Billion Dollars in a Day as Azure Delivers Stellar Growth
Microsoft shares surged 16 percent after stronger than expected quarterly earnings.
The rally added around 450 billion dollars in market value, the biggest...
Business
Apple May Split iPhone Launches as iPhone 18 Pro Takes the Spotlight
Apple may launch the iPhone 18 Pro, Pro Max, and its first foldable iPhone in September.
The standard iPhone 18 is reportedly shifting...
Business
Nvidia May Back $250 Billion OpenAI Data Center Deal in Historic AI Expansion
Nvidia is reportedly discussing financing guarantees worth $250 billion for OpenAI's Ohio AI data center project.
The facility could eventually cost more than...
Business
Saab lands $1.04 billion GlobalEye surveillance aircraft deal in the Middle East
Saab has received a 10.1 billion Swedish crowns, or about $1.04 billion, order for two GlobalEye surveillance aircraft from a Middle Eastern customer.
...
Business
Paramount Merger Faces Major Court Delay as Legal Challenges Push Timeline Into 2027
Paramount and Warner Bros Discovery agreed not to complete their merger before June 1, 2027 unless court cases end earlier.
State attorneys general...
Business
Warner Bros. Sues Amazon Over Executive Hiring Dispute
Warner Bros. Discovery has sued Amazon, accusing it of recruiting executives who were still under active employment contracts.
Former HBO Max marketing executive...
Business
U.S. Iran Tensions Could Keep Brent Oil Near $100 Through 2026 as Supply Risks Deepen
Rapidan Energy Group now expects Brent crude to average around $100 per barrel in late 2026.
Continued disruptions in the Strait of Hormuz...
Business
Apple Upgrade Rumor Emerges as RAM Crisis Pushes Hardware Prices Higher
Apple is rumored to launch Apple Upgrade, a subscription service for Macs, iPhones, iPads, and Apple Watches.
Framework says RAM costs have more...
Business
Amazon Introduces Prime Video Ultra as Ads Become the New Standard
Amazon has introduced Prime Video Ultra, replacing its previous ad free option with a higher priced premium subscription.
Standard Prime Video subscribers will...