iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled
The Roomba maker's financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024. ...
Economy
Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 11%
The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up…
Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses…
OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’
OpenAI urged the White House to substantially increase the U.S.' investment in new energy capacity ...
Amazon to announce largest layoffs in company history, source says
The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person…
Here’s where the economy is starting to show ‘K-shaped’ bifurcation
Americans are increasingly diverging in their spending, with wealthier shoppers flexing their purchasing power while lower-income customers start to pull…
Government shutdown curtails nonprofit funding, putting vital services in jeopardy
As the standoff in Washington drags on, many nonprofits have lost access to the federal grants essential to their operations.…
Top Wall Street analysts pound the table for solid returns in these 3 stocks
TipRanks' ranking service highlights three stocks, including Pinterest and Uber Technologies, that are favored by Wall Street's top pros. ...
Timothy Mellon is Trump’s $130 million mystery military donor: NYT
Reclusive billionaire Timothy Mellon, whose grandfather was a Treasury secretary, was a top donor to President Donald Trump for the…