AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro
Applovin CEO Adam Foroughi published a blog post late Thursday after the company's stock plunged on a third short-seller report.…
Category: Economy
Amazon MGM Studios boss Jen Salke to step down. Read the internal memo
Amazon hired Salke in 2018 to oversee its movie and television unit. The company became a bigger player in the…
Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The PCE price index was expected to increase 0.3% in February while spending was projected to rise 0.5%. ...
Nvidia-backed CoreWeave opens at $39 per share after biggest U.S. tech IPO since 2021
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021. ...
Shares of Asia’s automakers fall as Trump announces 25% tariffs on car imports
Shares of Asia's automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in…
The concern with CoreWeave’s 250,000 Nvidia chips ahead of its IPO
CoreWeave sells access to Nvidia graphics processors as a service, allowing developers to rent chips by the hour so they…
Japan and Brazil vow to bolster strategic ties as security and trade worries rise
The framework for defense exchanges between Japan and Brazil will include discussions on bilateral cooperation in defense equipment and technology.…
Tesla shares drop on plunging European sales, concerns about Trump’s tariffs
Tesla shares slid on Wednesday, continuing their downward trajectory for the year, after a rally over the past few days.…
Trump threatens ‘far larger’ tariffs if EU and Canada unite to do ‘economic harm’ to the U.S.
U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work…