Xbox CEO Asha Sharma announced plans to eliminate about 20% of the gaming console’s staff by the end of fiscal 2027, starting with 1,600 Xbox employees who got the pink slip yesterday. Across ...
The spinoff has investors taking a fresh look at the sector, now split between old-school telecom and the AI-heavy giants ...
Houston, we have another mega-cap. SpaceX going public on the Nasdaq was a momentous occasion as it became the largest offering in history, raising roughly $75 billion in its first day. And starting ...
Get a load of Richie Rich. Personal wealth grew nearly 11% globally last year, more than double the rate at which it grew the prior two years, according to the latest UBS Global Wealth Report. But ...
The North Atlantic Treaty Organization is holding a big summit this week in Ankara, Turkey, and big spending is sure to be on the agenda. Lockheed Martin wants the group to know it offers all the ...
Gift tax returns? We don’t need no stinkin’ gift tax returns. The IRS released new guidance last week that largely (but not entirely) resolves concerns about Trump account contributions inadvertently ...
After briefly topping $126 a barrel in April amid the US-Iran conflict, Brent crude prices have fallen faster than an Acme anvil destined for Wile E. Coyote’s head. International benchmark Brent stood ...
The biggest energy crisis in history just delivered a much-needed opportunity for Tesla. Last week, the electric vehicle maker said it had delivered 480,126 cars in the second quarter, a massive ...
Bitcoin briefly dipped below $60,000 last week, down from its peak of more than $126,000 in October of last year.
Indexes don’t play favorites, but clients might ask you to. As sub-categories of various technology sectors (ahem … artificial intelligence) continue to dominate stock market performance, financial ...