Tesla's recent financial report revealed a significant drop in auto revenue for the second quarter in a row. This news caused the company's stock to plummet by 8%, making it the worst performer among tech's biggest companies this year. The report also highlighted Tesla's investment in digital assets, which has seen a substantial increase in value over the past year. ...
The latest report from Deloitte's CFO Signals survey paints a picture of finance leaders treading carefully in uncertain times. With a confidence score of 5. 4, down from 6. 4 in the previous quarter, it's clear that optimism is taking a backseat. The survey, which gathered insights from 200 finance leaders in North America, reveals a significant drop in growth expec...
In June, family offices, which manage wealth for the ultra-rich, stepped up their investment game. They made 60 direct investments in companies, a jump from May's 47 deals. However, this is still a 40% drop compared to last year. Despite the overall decline, biotech and healthcare were hot topics, with nine deals in these sectors. One standout investment was in Anth...
On July 1, 2025, a wave of startups secured major funding to push boundaries in AI, robotics, and sustainability. Genesis AI, a robotics software startup, launched with a massive $105 million seed round. This company aims to build a foundational AI model for robots, helping them tackle complex tasks. With offices in Paris and Palo Alto, Genesis AI is backed by big na...
Nvidia is on a roll. The company's shares hit a new high, making it the most valuable company in the world. This is a big deal because just a few months ago, things weren't looking so great for Nvidia. There were worries about competition from China and new rules from the US government. But now, the company is back on top. So, what changed? For one, Nvidia's CEO, Je...
A well-known investment company had a close call on a Wednesday. For a short time, the company's X account, which has a large following of 851, 000 people, was taken over by scammers. The hackers posted a fake message about a crypto "airdrop, " tricking many into thinking they could get free crypto. They even claimed that $5 million had already been given away. The s...
A major tech company is at a turning point with its partnership with a leading AI startup. The company has been investing heavily in the AI startup. This has helped the company become a top player in the AI world. However, talks about the future of their alliance are hitting snags. The company is thinking about hitting the pause button on these discussions. This...
The world of cryptocurrency is buzzing with news about Tron, a major player in the blockchain scene. Tron is planning to go public through a clever move called a reverse merger. This involves teaming up with a company that already has public shares. In this case, Tron is partnering with SRM Entertainment, a firm known for making custom toys and souvenirs for big them...
Trade tensions heated up on June 2. This caused a stir in the global market. Investors became cautious. They decided to avoid risky investments. This led to a drop in Asian shares and US stock futures. The president of the United States made a bold move. He announced plans to double tariffs on steel and aluminum imports. He also accused China of not keeping it...
Vice President JD Vance is set to speak at the Bitcoin 2025 Conference in Las Vegas. This event is a big deal, showing how much the Trump administration is getting involved with cryptocurrency. It's a stark contrast to the past, where Bitcoin was seen as a fringe idea. Vance has been a supporter of cryptocurrencies for a while. He owns a significant amount of Bitcoin...