Tesla obtained regulatory clearance to convert a $2 billion investment from xAI to SpaceX, followed by the SpaceX and xAI merger. Tesla now owns a small stake, which might be less than 1% in SpaceX. This sensitive move accelerates Tesla’s exposure in the space economy, allowing Elon Musk to expand the corporate ecosystem. According to … Read more
Recent reports indicate that ByteDance, the parent company of TikTok, has successfully secured access to NVIDIA’s latest high-end AI chips. Despite the ongoing U.S. trade restrictions, ByteDance has utilized a strategic workaround to obtain this cutting-edge hardware. The company has partnered with Southeast Asian cloud infrastructure company, Aolani Cloud, to make this possible. ByteDance is … Read more
Micron stock has experienced recent declines, with shares dropping 3.1% to $405.35 on Thursday, March 12, 2026, amid broader market jitters tied to escalating oil prices and geopolitical tensions from the Iran conflict. The Nasdaq Composite fell 1.78% during the same session, reflecting heightened investor caution. Despite these short-term pressures, Micron’s underlying fundamentals remain strong … Read more
In a week marked by war shocks and extreme energy volatility, Bitcoin (BTC) made a dramatic recovery to reclaim the $71,000 level as tensions in the Middle East continue to weigh on equities. Meanwhile, oil prices are edging higher amid concerns of a prolonged conflict between the U.S., Israel, and Iran. With fears growing over … Read more
Palantir Technologies’ CEO Alex Karp declares value creation as the core factor in determining success in both warfare and business. Karp has been leading Palantir from its inception in 2003 and has played a crucial role in growing it into America’s premier AI software and data analytics powerhouse. “What makes you lethal on the battlefield, … Read more
Bonk.Fun, the Solana-based memecoin launchpad, has become the latest victim of a high-profile front-end cyberattack. On Wednesday, a malicious actor seized control of its official website and deployed a wallet drainer disguised as a standard interaction. This prompted a member of the platform’s core team to issue an urgent warning to users, asking them not … Read more
Netflix has maintained the momentum ignited by its exit from the Warner Bros. Discovery bidding war. Last week, the streaming giant announced its acquisition of InterPositive, an AI-filmmaking startup founded by actor and filmmaker Ben Affleck, in a deal reportedly valued at $600 million. Unlike the Warner Bros. acquisition plan announcement that resulted in the … Read more
In a move that marks a definitive turning point for the digital asset industry, the two most powerful financial regulators in the United States have officially declared a truce. On Wednesday, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) signed a landmark Memorandum of Understanding (MOU) aimed at harmonizing the … Read more
UnitedHealth Group Incorporated (NYSE: UNH) shares advanced 1.03% to close at $285.25 on the most recent trading session, bucking a broader market downturn. While the S&P 500 dipped 0.08% and the Dow Jones Industrial Average fell 0.61%, UNH outperformed, highlighting investor confidence in the largest U.S. health insurer. This surge comes as the stock has … Read more
LG CNS and Palantir today announced a strategic partnership emphasising AI transformation across the LG Group. The collaboration is mainly aimed at integrating Palantir’s data analytics platforms with LG CNS’s IT services to optimise AI-driven decision-making for enterprise clients. This partnership is based on the 2025 pilot project, in which Palantir deployed its software at … Read more
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