Apple credits ‘most popular’ ever iPhone for booming sales
John Ternus pledges to continue ‘deliberateness and discipline’ in first comments since being named next CEO…
Category: Business & Finance
Alphabet hits a milestone as it closes in on Nvidia
Alphabet added a record $421 billion to its market cap as massive cloud growth and AI momentum sent…
SpaceX may face an easier path to S&P 500 entry if these newly proposed rules take hold
As SpaceX, Anthropic and OpenAI reportedly gear up for IPOs, S&P Dow Jones Indices is considering whether to…
US stocks hit record highs in Wall Street’s best month since 2020
Investors bet blockbuster AI spending will overshadow fallout from Middle East conflict…
US Republicans break ranks to challenge Trump administration on Iran war
Some from president’s own party have begun to demand accountability in the unpopular conflict…
Bank of England faces the 'most difficult combination,' says governor Bailey as energy prices soar
Bank of England policymakers must contend with the "most difficult combination" of economic effects, according to governor Andrew…
Treasury Department announces new Series I bond rate of 4.26% for the next six months
The U.S. Department of the Treasury has announced new Series I bond rates through October 2026.…
Big Tech’s $700 billion spending on AI this year is called the ‘greatest capital misallocation in history’
Alphabet, Amazon, Meta and Microsoft are depleting their cash reserves and raising debt as AI spending moves even…
OpenAI trial live updates: Musk takes the stand again after heated cross-examination
Elon Musk sued OpenAI, Sam Altman and Greg Brockman in 2024, claiming they reneged on their promise to…
Caterpillar handily beat Wall Street estimates — not for the first time
The construction manufacturer reported a 38% rise in sales in its construction industries arm.…