San Francisco, April 5, 2025 – Silicon Valley’s high-stakes wager on President Donald Trump’s 2024 campaign is off to a rocky start, with tech valuations cratering and IPO dreams deferred just months into his second term. Trump’s April 2 tariff bombshell—10% on all imports, with 24% on Japan, 46% on Vietnam, and 54% on China—unleashed … Read more
Tim Prepare dinner, chief govt officer of Apple Inc., in the course of the first day of in-store gross sales of Apple’s newest merchandise at Apple’s Fifth Avenue retailer in New York, US, on Friday, Sept. 20, 2024. Apple introduced a brand new iPhone mannequin on Wednesday that’s priced decrease than its most important iPhone … Read more
Traders Betting Fed Will Cut Rates New York, April 4, 2025 – Traders are ramping up bets that the Federal Reserve will slash interest rates at least four times this year, driven by mounting fears that President Donald Trump’s aggressive tariff policies could plunge the U.S. economy into a recession. As of Friday morning, futures … Read more
Fidji Simo, the CEO of Instacart, has been appointed because the CEO of Purposes at OpenAI, a newly created function the place she’s going to report on to OpenAI CEO Sam Altman. Introduced on Could 8, 2025, Simo will transition from Instacart over the subsequent few months and be a part of OpenAI full-time later … Read more
Oakland, CA – Could 1, 2025 – In a big growth within the ongoing authorized battle between Apple Inc. and Epic Video games, U.S. District Choose Yvonne Gonzalez Rogers has dominated that Apple willfully violated a 2021 court docket injunction and that its Vice President of Finance, Alex Roman, lied underneath oath. The choice, issued … Read more
As Salesforce (NYSE: CRM) prepares to announce its second-quarter fiscal 2026 earnings on September 3, 2025, investors are keenly focused on two key areas: accelerated revenue growth and the traction of its artificial intelligence (AI) initiatives, particularly the Agentforce platform. With the stock trading at $253.25 as shown in the finance card above, down 25% … Read more
Convenience Stores Are Eating Fast-Food Chains’ Breakfast In the fast-paced world of morning meals, a surprising shift is happening. Convenience stores are grabbing more breakfast business from traditional fast-food giants. This trend has picked up steam in recent years. A new report shows food-forward convenience stores saw a 9% rise in morning visits in the … Read more
Eli Lilly’s Obesity Pill Orforglipron Challenges Novo Nordisk’s Oral Wegovy in Weight-Loss Market Race August 24, 2025 The obesity drug market, projected to surpass $73 billion by 2034, is witnessing a fierce competition between pharmaceutical giants Eli Lilly and Novo Nordisk. Eli Lilly’s oral GLP-1 receptor agonist, orforglipron, is emerging as a significant rival to … Read more
Biotechnology giant Amgen Inc. has announced a major investment exceeding $600 million to construct a state-of-the-art research and development (R&D) center at its global headquarters in Thousand Oaks, California. This move underscores the company’s commitment to advancing scientific innovation amid a shifting U.S. pharmaceutical landscape, where domestic investments are surging in response to potential trade … Read more
Airlines Expected to Cut 2025 Outlooks as Travel Demand Falters As global economic uncertainties persist, airlines are bracing for a potential slowdown in travel demand in 2025, with many expected to revise their financial outlooks downwards. After a period of remarkable recovery from the pandemic’s devastating impact on the airline industry, recent signs of weakening … Read more