Business
SpaceX Scales Back IPO Valuation Target to $1.8 Trillion as June 12 Nasdaq Debut Approaches
SpaceX has quietly cut its IPO valuation target to at least $1.8 trillion, down…
Author: Scott Allan
Author: <span>Scott Allan</span>
AI
Meta Cuts 8,000 Jobs While Rolling Out Paid AI Subscriptions Across Instagram, Facebook, and WhatsApp
Meta is simultaneously firing 8,000 people and asking the remaining 3 billion users to…
Energy
Solar Stocks Post Their Best Month Since 2013 as Clean Energy Rally Rewrites the Playbook
The Invesco Solar ETF surged roughly 26.5% in May, its strongest monthly performance in…
AI
Intuit Cuts 17% of Its Workforce in $340 Million AI Restructuring as INTU Stock Drops 20%
Intuit just axed more than 3,000 jobs, roughly 17% of its entire workforce, and…
Business
CVS Restores Zepbound Coverage and Adds Eli Lilly’s New Obesity Pill, Reshaping the GLP-1 Market for 10 Million Patients
The GLP-1 drug wars just entered a new chapter. CVS Health announced it will…
Business
DuckDuckGo Installs Surge 30% as Users Flee Google’s AI Search Overhaul
Google spent years building the most dominant search franchise in technology history. It took…
AI
Anthropic Closes $65 Billion Series H at $965 Billion Valuation, Eclipsing OpenAI as the World’s Most Valuable AI Startup
The AI valuation race just flipped. Anthropic closed a $65 billion Series H round…
Business
Gap Stock Drops 14% After Old Navy Stumbles on Dresses and the Retailer Slashes Full-Year Sales Guidance
Gap Inc. just reminded Wall Street that even the best turnaround stories have fragile…
Markets
Samsung Ships First HBM4E Memory Chips, Seizing the Lead in AI’s Most Critical Supply Chain Race
Samsung Electronics just fired the starting gun on the next phase of the AI…
Analysis
Bitcoin Drops Below $73K as Stocks Hit Records: Why Crypto Is Diverging
Bitcoin slid below $73K and Ethereum near $1,986 even as US stocks hit records,…