Business

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CrowdStrike Stock Hits Record High After AI-Powered Q2 Earnings Beat Expectations
Business25d ago

CrowdStrike Stock Hits Record High After AI-Powered Q2 Earnings Beat Expectations

CrowdStrike's revenue surge, driven by its AI-focused Falcon Flex platform, signals rising enterprise demand for cybersecurity as companies respond to new threats from advanced artificial intelligence.

17 sources · over 15 days
Dell Raises 2027 Revenue Forecast After Soaring AI Server Sales and Record Quarter
Business25d ago

Dell Raises 2027 Revenue Forecast After Soaring AI Server Sales and Record Quarter

Dell Technologies reported a 58 percent revenue jump in its latest quarter, driven by surging demand for AI servers, prompting the company to raise its 2027 revenue outlook and impress investors.

8 sources · over 2 days
Why Subhash Chandra's ₹6.5 Crore Repayment Plan for ₹22,006 Crore Debt Is on Hold
Business25d ago

Why Subhash Chandra's ₹6.5 Crore Repayment Plan for ₹22,006 Crore Debt Is on Hold

A controversial insolvency settlement that would see Subhash Chandra pay a fraction of massive personal debts is now paused, as legal disputes and creditor challenges raise new questions about India's insolvency process.

8 sources · over 7 days
Uber Slashes 3,300 Jobs and Exits Nigeria, Uganda in Largest Restructuring Since Pandemic
Business25d ago

Uber Slashes 3,300 Jobs and Exits Nigeria, Uganda in Largest Restructuring Since Pandemic

Uber is cutting about 10 percent of its global workforce, targeting management layers and small teams, and will cease operations in Nigeria and Uganda as it shifts focus amid intensifying competition.

30 sources · over 2 days
Stan Kroenke Buys Los Angeles Angels for Record $4 Billion
Business25d ago

Stan Kroenke Buys Los Angeles Angels for Record $4 Billion

Stan Kroenke, owner of the LA Rams and Arsenal, has purchased the Los Angeles Angels from Arte Moreno for a record $4 billion, ending Moreno's 23-year tenure and reshaping MLB ownership.

12 sources · over 5 days
Nvidia Commits Billions to AI Infrastructure, Chips, and Strategic Partnerships
Business25d ago

Nvidia Commits Billions to AI Infrastructure, Chips, and Strategic Partnerships

Nvidia is investing heavily in AI data centers, chip partnerships, and major acquisitions, aiming to secure its dominance as competition intensifies and demand for AI computing power reaches historic highs.

78 sources · over 18 days
US Secures 100-Year Control of Key Venezuelan Oil Fields in Historic Deal
Business25d ago

US Secures 100-Year Control of Key Venezuelan Oil Fields in Historic Deal

A sweeping agreement gives the United States direct control over a fifth of Venezuela's oil reserves, reshaping global energy politics and triggering debate over its impact on prices and Venezuelan sovereignty.

87 sources · over 16 days
Japan's Bond Yields Hit 30-Year High as Inflation and Oil Prices Surge
Business25d ago

Japan's Bond Yields Hit 30-Year High as Inflation and Oil Prices Surge

Japan's government borrowing costs have soared to levels not seen since the 1990s, driven by global inflation fears, rising oil prices, and pressure for monetary tightening after pivotal remarks from US officials.

28 sources · over 7 days
Federal Court Rules States Can Regulate Kalshi's Prediction Markets as Gambling
Business25d ago

Federal Court Rules States Can Regulate Kalshi's Prediction Markets as Gambling

A recent ruling by the Ninth Circuit Court of Appeals allows states to treat Kalshi's sports prediction markets as gambling, sparking legal battles and raising questions about the industry's national future.

22 sources · over 19 days
John Ternus Takes Over as Apple CEO After Tim Cook's 15-Year Run
Business25d ago

John Ternus Takes Over as Apple CEO After Tim Cook's 15-Year Run

Apple has appointed John Ternus as its new CEO, marking the company's first leadership change in 15 years and raising major questions about its direction in AI, hardware, and future innovation.

62 sources · over 7 days
India's Economy Grows 7.8% in Q1 FY27, Surpassing Expectations
Business25d ago

India's Economy Grows 7.8% in Q1 FY27, Surpassing Expectations

India has reported a robust 7.8% GDP growth for April to June 2026, outpacing forecasts and drawing both government praise and criticism over economic disparities and inflation concerns.

15 sources · over 7 days
Shein's Hong Kong IPO Debut Slashes Valuation to $26.3 Billion
Business25d ago

Shein's Hong Kong IPO Debut Slashes Valuation to $26.3 Billion

Shein's long-awaited public listing in Hong Kong saw its valuation plunge from previous highs, reflecting investor unease over fast fashion's future and the company's recent regulatory and market setbacks.

39 sources · over 17 days