Business
Historic Victory: Grayscale Wins Approval for First US Bitcoin ETF
In a groundbreaking decision on Tuesday, Grayscale Investments LLC achieved a significant triumph as a federal court of appeals granted the company the green light...
Best Buy Q2 Earnings Surpass Estimates, Shares Rise
Best Buy, the renowned consumer electronics retailer, witnessed a promising 1% surge in premarket trading on Tuesday as it unveiled its second-quarter (Q2) earnings report,...
Chinese Tech Titans Xpeng and Didi Ink $744M EV Collaboration
Chinese electric vehicle (EV) manufacturer Xpeng (XPEV) has joined forces with mobility and ride-sharing behemoth Didi in a momentous development pact worth a staggering $744...
Uber Eats Unveils AI Chatbot for Swift Food Ordering
Uber Technologies Inc. is gearing up to introduce an artificial intelligence (AI) chatbot within its Uber Eats app, aiming to streamline food delivery services and...
OpenAI Introduces ChatGPT Enterprise for Business AI Solutions
OpenAI, a prominent player in the field of artificial intelligence, has unveiled plans to release ChatGPT Enterprise, a specialized version of their widely-used open-source text...
Goldman Sachs Divests PFM Unit to Creative Planning
In a strategic move to recalibrate its business portfolio, financial powerhouse Goldman Sachs (GS) has reached an accord with Creative Planning, a prominent wealth management...
Reliance Industries Appoints Ambani Heirs to Board of Directors
Reliance Industries Ltd, under the stewardship of Chairman Mukesh Ambani, announced a significant leadership transition on Monday as the conglomerate appointed the three scions of...
Evergrande Hong Kong: 87% Stock Plummet Raises Alarms
China Evergrande Group, the prominent real estate conglomerate grappling with substantial debts, experienced a staggering 87% decline in its Hong Kong trading on Monday after...
Chinese Restrictions Cast Doubt on Nvidia Growth
Nvidia, renowned for its robust graphics processing units (GPUs), has celebrated a five-quarter spree of surpassing earnings projections. Boasting a lofty forward price-to-earnings ratio of...
Appeals Court Revives Antitrust Case Against McDonald’s
In a recent development, the 7th U.S. Circuit Court of Appeals in Chicago has reinstated allegations that McDonald’s Corp violated federal antitrust law by imposing...
