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Business

Sam Altman Advocates for Wealth Creation Over Billionaire Criticism in Techno-Capitalism Vision

OpenAI CEO Sam Altman promotes a vision of techno-capitalism where innovation and markets drive shared prosperity, advocating for systems that enable everyone to achieve billionair...

Business

Foxconn Shatters Records with a 15.82% Revenue Surge in Q2, Driven by Consumer Electronics

Foxconn reports a record 15.82% revenue increase in Q2, attributed to strong sales in smart consumer electronics and computing products, with June's figures hitting an all-time hig...

Business

Azoria CEO Postpones Tesla ETF Launch Amid Concerns Over Elon Musk's Political Ambitions

Azoria CEO James Fishback delays the Tesla Convexity ETF listing due to concerns over Elon Musk's new political party, fearing it may distract from Tesla's goals and investor trust...

Business

Nvidia's Blackwell Chips Revolutionize AI Training: Doubling Speed and Efficiency in Latest Benchmarks

Nvidia's Blackwell chips have dramatically improved AI training speeds, reducing the number of chips needed for large language models. MLCommons benchmarks show these chips are twi...

Business

Nissan Explores Strategic Alliance with Foxconn to Revitalize Japanese EV Production

Nissan is negotiating with Foxconn to produce electric vehicles at its Oppama factory in Japan, potentially saving the plant from closure and marking a significant shift towards EV...

Business

Capgemini's Strategic $3.3 Billion Acquisition of WNS to Lead AI-Driven Business Transformations

Capgemini announces a $3.3 billion acquisition of WNS, aiming to dominate AI-driven smart operations. The deal offers a premium for WNS shares and has been approved by both boards,...

Business

Shell Anticipates Significant Drop in Oil and Gas Production for Q2 2025 Amid Maintenance and Divestitures

Shell Plc announces a projected decrease in Q2 2025 oil and gas production due to maintenance and the sale of its Nigerian unit, with improved refining margins but potential losses...

Business

Tesla Shares Plummet 7% Premarket Following Elon Musk's Controversial Political Party Announcement

Tesla's shares fell by more than 7% after Elon Musk announced the formation of a new political party, the American Party, drawing criticism from Donald Trump and raising concerns a...