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Paramount cuts 3.5% of US workforce amid streaming business priorities
Paramount Global is trimming its U.S. workforce by 3.5% in a move to cut costs. …
Tesla stock soars 22% in May as investors welcome Musk back from DOGE duties
Tesla shares soared nearly 22% in May, the best month since November 2024, as investors…
Trump Media to establish bitcoin treasury through $2.5B investment deal
The Trump Media and Technology Group on Tuesday announced a $2.5 billion deal with institutional investors…
JPMorgan Chase expands with 14 new branches catering to wealthy Americans
JPMorgan Chase is aiming to cater to more affluent Americans through new branches that offer…
Video game retailer GameStop acquires bitcoin worth over $500m
GameStop is investing in bitcoin. On Wednesday, the video game retailer disclosed an acquisition of…
Macy’s cuts profit forecast, warns of price hikes on select products
Macy's executives warned on Wednesday that the retailer will raise the prices of select products…
Nvidia reports strong Q1 earnings despite new China export controls on AI chips
Tech giant Nvidia reported its first-quarter earnings on Wednesday, beating analysts' expectations, though it projected…
Nvidia, Dell to build powerful AI supercomputer for Department of Energy
Nvidia and Dell on Thursday announced a breakthrough supercomputer powered by artificial intelligence (AI) will launch…
Musk departs Trump White House: What’s next for Tesla?
Tesla CEO Elon Musk on Wednesday announced that his time with the Trump administration as a…
GM CEO Mary Barra says Trump tariffs level playing field for US automakers
General Motors CEO Mary Barra is voicing support for the Trump administration’s automotive tariffs, arguing…
DOJ dismisses Boeing 737 MAX criminal charges as families plan objection to deal
The Department of Justice (DOJ) has reportedly informed victims’ families of two fatal Boeing 737…
Tesla sales would remain strong even if EV tax credit eliminated, expert predicts
The reconciliation bill working its way through Congress would eliminate the electric vehicle tax credit…
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