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21Nov

Eli Lilly hits $1 trillion market value, a first for a health-care company

Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms. Eli Lilly briefly hit the…
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21Nov

Oil prices and energy stocks fall on Trump’s new Ukraine peace plan

Oil prices extended declines and energy stocks fell on Friday as U.S. President Donald Trump pushed for a peace deal to end the long-running Russia-Ukraine war. International benchmark Brent crude…
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21Nov

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Amazon’s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category…
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21Nov

Google must double AI serving capacity every 6 months to meet demand, AI infrastructure boss tells employees

Google ’s AI infrastructure boss told employees that the company has to double its serving capacity every six months in order to meet demand for artificial intelligence services. At an all-hands…
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21Nov

Bitcoin falls to lowest level since April

Bitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal…
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21Nov

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip shares

A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia’s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…
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21Nov

Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery

Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter. Comcast, the parent company…
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20Nov

Nvidia stock closes nearly 3% lower, wiping out post-earnings rally

Shares in artificial intelligence darling Nvidia initially popped as much as 5% Thursday after the U.S. firm beat expectations in third-quarter results, but later reversed that surge and closed nearly…
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20Nov

Waymo to begin manual drives in Minneapolis, Tampa and New Orleans, aims to open service in 2026

Alphabet’s Waymo on Thursday announced that it will soon begin manually driving its robotaxi vehicles in Minneapolis, Tampa and New Orleans. The Google sister company will start operating test drives in…
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20Nov

Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3

Google  on Thursday rolled out Nano Banana Pro, its latest image editing and generation tool, continuing the company’s momentum after launching its new Gemini artificial intelligence model earlier this week. The…
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