Business News

Business

Elon Musk's xAI Teams Up with Kalshi to Revolutionize Prediction Markets with Grok AI

xAI Corp., led by Elon Musk, partners with Kalshi Inc. to introduce Grok AI into prediction markets, marking a significant leap forward in financial technology and AI integration.

Business

US Approves $4.67 Billion Missile Sale to Egypt to Bolster Air Defense Amid Regional Stability Efforts

The US State Department has approved a $4.67 billion arms deal with Egypt, including missile systems and radar, to strengthen air defenses and support regional stability, managed b...

Business

Apple Introduces iOS 26 Public Beta: A Revolutionary Liquid Glass Interface Awaits

Apple Inc. has launched the public beta of iOS 26, featuring the revolutionary Liquid Glass interface. This update, the most significant since iOS 7, offers a translucent, animated...

Business

Intel Nears Completion of 15% Workforce Reduction, Aims for $17 Billion Savings by 2025

Intel Corporation is close to finalizing a 15% workforce cut, aiming for significant cost savings by 2025. The restructuring incurred $1.9 billion in Q2 charges, with the employee ...

Business

Intel Surpasses Q2 Revenue Expectations with $12.9B Amid Strategic Shifts

Intel Corporation reported a steady Q2 revenue of $12.9 billion, exceeding analysts' estimates but with a significant loss per share. The company forecasts a revenue range of $12.6...

Business

Elon Musk Vows Quick Fix as Starlink Faces Global Outage, Promises Future Reliability

Elon Musk apologizes for a global Starlink outage, promising a quick fix and future reliability. The service disruption affected users in the US, Canada, and Europe, sparking discu...

Business

Microsoft CEO Satya Nadella Shares Deep Regret Over Massive Layoffs Amidst Company Growth

Microsoft CEO Satya Nadella expresses regret over recent layoffs affecting thousands, while highlighting the company's growth and future AI ambitions.

Business

Defying Market Trends: 50 Microcap Stocks Soar Over 200% Amidst Widespread Selloff, Sparking Bubble Concerns

Amid a broader market correction, 50 microcap and penny stocks have surged over 200%, led by RRP Semiconductor's 5,500% gain. Experts warn of a mini-bubble, citing poor earnings an...