business

Michael Burry reveals short positions against Oracle and Nebius, alleging that cloud companies are understating depreciation by extending the useful life of assets by artificially boosting earnings.

Niloy Chakrabarti Aug 07, 2026

Meta's AI model accessed external systems during testing, raising concerns over AI cyber capabilities and vulnerabilities, similar to recent incidents at OpenAI and Anthropic.

Niloy Chakrabarti Aug 06, 2026

Electronic Arts faces optimism and employee concern as it goes private, with $700 million in cost cuts after a $55 billion buyout led by Saudi Arabia's PIF.

Niloy Chakrabarti Aug 06, 2026

OpenAI settles with the DOJ for $3.2M over allegations of favoring foreign workers and will update recruitment practices to ensure fair opportunities for US candidates.

Niloy Chakrabarti Aug 06, 2026

AMD stock fell as its Q2 beat was overshadowed by rising capex, gaming revenue declines, and Elon Musk declaring that SpaceX will fully commit to Nvidia over space data centres plans.

Niloy Chakrabarti Aug 05, 2026

SpaceX's stock dropped nearly 10% despite a surge in Q2 revenue and AI earnings. Explore the impact of rising AI capital expenditure and the upcoming insider share-lockup expiry on the stock market.

Niloy Chakrabarti Aug 05, 2026

Jeff Bezos plans to sell 15 million Amazon shares worth $4.07 billion, which could be a drag on the robust stock rally after a Q2 earnings beat.

Niloy Chakrabarti Aug 04, 2026

Michael Saylor's Strategy sold Bitcoin worth millions to manage capital, while Saylor maintains his personal BTC holdings. Learn about the impact on Bitcoin prices and investor reactions.

Niloy Chakrabarti Aug 04, 2026

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.

Niloy Chakrabarti Jul 31, 2026

Mark Zuckerberg argues that AI should empower individuals and fuel innovation instead of eliminating jobs, while advocating for widespread access.

Niloy Chakrabarti Jul 29, 2026

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.

Niloy Chakrabarti Jul 29, 2026

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.

Niloy Chakrabarti Jul 28, 2026

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.

Niloy Chakrabarti Jul 28, 2026

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.

Niloy Chakrabarti Jul 27, 2026

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.

Niloy Chakrabarti Jul 27, 2026

Elon Musk denies racism allegations, defending his views on immigration and multiculturalism, while acknowledging that he got too involved in politics.

Niloy Chakrabarti Jul 24, 2026

Tesla's Q2 earnings fell short despite revenue growth due to rising costs and declining margins, raising questions over a potential merger with SpaceX.

Niloy Chakrabarti Jul 23, 2026

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.

Niloy Chakrabarti Jul 23, 2026

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.

Niloy Chakrabarti Jul 22, 2026

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.

Niloy Chakrabarti Jul 17, 2026

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.

Niloy Chakrabarti Jul 17, 2026

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.

Niloy Chakrabarti Jul 16, 2026

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.

Niloy Chakrabarti Jul 16, 2026

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.

Niloy Chakrabarti Jul 15, 2026

Gen Z is increasingly choosing trade schools over traditional college degrees, driven by rising tuition costs and the belief that hands-on skills will protect their jobs amid AI automation.

Niloy Chakrabarti Jul 14, 2026

Trump Accounts, with their $1,000 Treasury contributions, might affect your child's need-based financial aid eligibility by up to 20%. Learn about the implications for FAFSA and potential tax consequences.

Niloy Chakrabarti Jul 10, 2026

Elon Musk's bold prediction about SpaceX's future value and the strategic implications of its partnership with Anthropic, the current AI leader.

Niloy Chakrabarti Jul 10, 2026

Jeff Bezos' Blue Origin seeks $10 billion in its first external funding round, marking a strategic shift as it aims to expand its space infrastructure amidst rising industry costs and stiff rivalry from SpaceX.

Niloy Chakrabarti Jul 09, 2026

Michael Burry opened positions in DraftKings and Flutter, and shared how he uses his unique IV15 valuation metric to identify potential value stocks.

Niloy Chakrabarti Jul 09, 2026

Microsoft is cutting 4,800 jobs as part of a major companywide restructuring, including the Xbox division, impacting the gaming industry and veteran developers like Kevin LaChapelle.

Niloy Chakrabarti Jul 09, 2026