More From Niloy Chakrabarti
Apple Stock Falls Despite 'Strongest June Quarter': The iPhone Issue Investors Couldn't Ignore
Apple's record June quarter sees iPhone sales soar, but supply chain constraints and investor concerns loom. Discover how Apple's diversification efforts are challenged by reliance on its flagship product.
Jul 31, 2026
Sam Altman Warns More Companies Could Have Been Hacked by OpenAI: AI Pacing Is 'In Everyone's Interest'
OpenAI CEO Sam Altman warns of potential cybersecurity risks as AI becomes integral to business operations, emphasising the need for responsible deployment and robust cybersecurity measures.
Jul 31, 2026
Mark Zuckerberg Rejects AI Job Apocalypse: Says 'Personal Superintelligence' Will Create More Jobs
Mark Zuckerberg argues that AI should empower individuals and fuel innovation instead of eliminating jobs, while advocating for widespread access.
Jul 29, 2026
Micron Technology CEO Sold $37.2M of the Stock Days Before South Korea's KOSPI Crash
Micron Technology's stock fell sharply amid a semiconductor sell-off driven by AI spending concerns and Chinese competition, with CEO Sanjay Mehrotra selling shares before the decline.
Jul 29, 2026
Elon Musk Lost More Than the Combined Wealth of Many Billionaires: Yet Nobody Is Within Striking Distance
Elon Musk's net worth has dropped by over $734 billion in 43 days, largely due to the SpaceX stock crash, despite the company continuing to achieve technical engineering milestones.
Jul 28, 2026
No SSI Payment in August and November 2026: Here's When the Money Arrives Instead
The Social Security Administration will issue August SSI payments a day early this year on 31st July, as the scheduled payment date falls on a weekend.
Jul 28, 2026
Porsche to Cut 5,000 More Jobs Amid China Slowdown and Weak EV Demand, Total Nears 9,000
Porsche to cut 5,000 additional jobs by 2035 amid declining demand and competition, while investing $2.39 billion in key facilities and site protection to protect profitability and navigate industry shifts.
Jul 28, 2026
Emma Roberts vs Cody John Net Worth: How Much Is the Newlywed Couple Worth Together?
Hollywood stars Emma Roberts and Cody John recently tied the knot in Idaho. While Roberts' net worth is around $25 million, John's is estimated between $1 million and $2 million.
Jul 27, 2026
Trump Slammed Over $3.3M Fine for Egg Producers: 'One Company Made $1.2B in Profit'
The US Department of Justice's $3.3 million settlement with major egg producers over antitrust allegations faces criticism for being too lenient, as companies report billion-dollar profits amid high egg prices.
Jul 27, 2026
HMRC Loses Battle Over How 'Thomas the Tank Engine' Royalties Are Taxed: Creator's Family Avoids 45% Tax Hit
The Awdry family won a significant High Court case against the HMRC, ensuring royalties from Thomas the Tank Engine books are taxed as capital, not income.
Jul 24, 2026
'I Can't Be Racist': Elon Musk Rejects Racism Claims, Points to Half-Indian Partner
Elon Musk denies racism allegations, defending his views on immigration and multiculturalism, while acknowledging that he got too involved in politics.
Jul 24, 2026
Oracle Cut 21,000 Jobs To Fund AI: Now Its Biggest Project Faces a $7 Billion Obstacle
Oracle's ambitious AI infrastructure expansion faces financial and regulatory hurdles, exacerbated by its recent credit downgrade to just above junk bond status.
Jul 24, 2026
Revised CLARITY Act Adds Crypto Ban for Presidents and Congress Members: Requires Officials to Divest
The revised CLARITY Act aims to prevent US officials and their spouses from issuing or sponsoring cryptocurrencies, addressing potential conflicts of interest and enhancing transparency in crypto investments.
Jul 23, 2026
Tesla Misses on Q2 Earnings, Stock Dives, Musk Loses $44B: Would a SpaceX Merger Make Sense?
Tesla's Q2 earnings fell short despite revenue growth due to rising costs and declining margins, raising questions over a potential merger with SpaceX.
Jul 23, 2026
Woman Mistakenly Labeled 'Deported' Loses Social Security Benefits: SSA Now Wants the Money Back
A US citizen's Social Security benefits were suspended due to an alleged deportation status error despite having all documents, including a naturalisation citizenship certificate obtained 45 years ago.
Jul 23, 2026
The Engineers Who Built AI Are Losing Their Jobs to It: More Than 800,000 Tech Jobs Lost Since 2022
AI advancements are displacing high-earning tech workers, even as industry revenues grow. driving concerns about job security, economic impacts, and the need for workforce reskilling.
Jul 22, 2026
JPMorgan CEO Warns UK PM Burnham Higher Bank Taxes Could Threaten $4B HQ Plans: 'I Would Be Very Cautious'
JPMorgan CEO Jamie Dimon warns higher financial sector taxes could hinder UK investment, impact plans for a new London HQ, and affect the broader economy.
Jul 22, 2026
'AI Isn't a Bubble, AI Stocks Are': Peter Schiff Warns as SpaceX Drops 46% From Peak
Peter Schiff warns that an AI bubble may have already burst, as SpaceX and other frontier AI models face stiff competition from the newly-launched Kimi K3 model from China's Moonshot AI startup.
Jul 21, 2026
'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story
Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.
Jul 20, 2026
Steve Cohen's Point72 Boosts Stake in Beaten-Down Biotech Stock by 5,100% Despite Disappointing Trial Results
Billionaire Steve Cohen still backs biotech Evommune despite trial setbacks, highlighting its potential for treating chronic conditions and its strategic role in his portfolio.
Jul 20, 2026
Cathie Wood Sells $11.7 Million of AMD Stock 2 Days After Ed Zitron Forecast Its Fall Due to OpenAI
Cathie Wood's Ark Invest sold 23,573 AMD shares after AI critic Ed Zitron claimed OpenAI's unsustainable finances are impacting chipmakers, raising risks of a market crash.
Jul 20, 2026
'Abel's Not Doing Anything I Don't Approve Of': Warren Buffett Says He Was Behind Berkshire's Alphabet Trade
Warren Buffett says he initiated Berkshire Hathaway's Alphabet trade and regrets not investing sooner in the company, despite GEICO being an early client of the tech giant.
Jul 17, 2026
OpenAI's Collapse Is a Matter of 'When, Not If': Ed Zitron Warns the Stock Market Will Pay the Price
Tech analyst Ed Zitron critiques OpenAI's role in the AI bubble, predicting its collapse could mirror the Lehman Brothers' impact on the financial market.
Jul 17, 2026
Trump's $3.47 'Freedom Fuel' Promise Backfires? Here's How Much Drivers Are Really Paying
The White House celebrates a drop in inflation to 3.5% in June, citing economic progress, while facing scrutiny over fluctuating gas prices linked to its Freedom Fuel network project.
Jul 17, 2026
Major Stock Market Crash Is Coming: Wall Street Analyst Warns Oracle Could Be the First to Fall
Oracle's financial stability is at risk due to mounting debt, a credit downgrade by S&P Global, and heavy reliance on OpenAI's successful IPO.
Jul 16, 2026
SpaceX Slips Below Its $135 IPO Price: How Elon Musk's Company Lost Nearly $1B a Day Since Listing
SpaceX stock fell below its IPO price amid market volatility due to the upcoming stock lockup expiry and Starship test launches, but analysts remain optimistic on the company's growth potential.
Jul 16, 2026
Stripe's $60.50/Share PayPal Offer Is 'Simply Too Low', Says Michael Burry: Values Shares at Up to $115
PayPal shares rose over 21% during premarket hours on Wednesday after Stripe's $53 billion buyout offer, and Michael Burry's claim that he won't sell the stock despite the premium.
Jul 15, 2026
Why Is PayPal Stock Surging? Stripe's $53 Billion Buyout Offer Marks a Major Shift in Fintech
Stripe and Advent's $53 billion bid for PayPal highlights a strategic shift towards consolidation in fintech, valuing PayPal's global network over its beaten-down stock price.
Jul 15, 2026
Laid-Off Meta Employee Gets 60 Days to Leave After 14 Years in the US, Says It Is a 'Gut-Wrenching' Experience
Sridhar Vanka's story highlights challenges for skilled immigrants in US tech, including H-1B restrictions and layoffs at Meta. Explore broader impacts on America's immigration system and tech industry.
Jul 15, 2026
Volkswagen Warns of Up to 100,000 Job Cuts: Why Analysts Are Calling It a Negotiating Tactic
Volkswagen may cut up to 100,000 jobs globally as part of a major restructuring effort, driven by declining profits and increased competition. Analysts suggest this could be a negotiation tactic.
Jul 14, 2026
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