business news

Tens of thousands of Americans faced a digital brick wall this week as the Internal Revenue Service (IRS) website suffered a major outage, just as the agency entered its busiest period of the year. On Wednesday, the “Where’s My Refund?” tool and the online taxpayer portal went dark, leaving filers unable to track payments during … Read more

Apple’s revenue hit a record of $143.8 billion, driven by a surge in iPhone sales in China. The company’s Q1 earnings came out yesterday, beating Wall Street estimates and driving the share price high in the aftermarket. The stock price climbed as high as $266 and then dropped to $259, where it consolidated, marking a … Read more

Real-world asset (RWA) tokenization platform Securitize Holdings has filed a public registration statement with the U.S. Securities and Exchange Commission (SEC), announcing plans to go public through a merger with blank-check company Cantor Equity Partners II (CEPT). In the Wednesday filing, the company also reported that its total revenues for the first nine months of … Read more

NVIDIA CEO Jensen Huang rejected rumours regarding TSMC shifting 40% of its operations to the USA. He added that Taiwan will continue to be the major player in semiconductor manufacturing and the foundry investments in the USA are a necessary ‘expansion’ move to meet the ongoing AI demand. The rumours about the world’s largest chip … Read more

Since shifting its focus to AI and Robots, Tesla, the US-based EV-manufacturing giant, has seen a drop in its annual revenue. The company reported a 3% decline in its revenue in 2025, while the overall profits fell by 61% during the last three months. Tesla has plans to stop the production of its Model S … Read more

Oil prices fell on Tuesday as a massive winter storm disrupted crude production and refinery operations in the U.S. Gulf Coast. Brent crude futures fell $0.44, or 0.7%, to $65.15 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $0.35, or 0.6%, to $60.28 a barrel. The deadly and widespread “Arctic Blast”, which paralyzed … Read more

In a move that has captured the attention of biotech investors, Bernard Coulie, the CEO of Pliant Therapeutics, recently offloaded a significant portion of his holdings. On Tuesday, January 20, 2026, Coulie sold 89,375 shares at an average price of $1.28, totaling roughly $114,400 in proceeds. While high-level stock sales can often cause a stir … Read more

The Ripple–SEC lawsuit, which initially began as a case of unregistered securities, has expanded so far that the debate over whether XRP qualifies as a security under the Howey Test, particularly for programmatic sales on exchanges, still continues. As a result, the traders and investors of XRP remain immersed in doubt as to whether they … Read more

Apple Inc. agrees to pay a fine of $150,000 and amend its business practices to resolve widespread allegations of 2017 merchandise pricing violations in Apple stores throughout New Jersey. The settlement demanded enhanced employee training, audits, and visible pricing to ensure consumer transparency. Attorney General Matthew J. Platkin posted on X regarding the violation as … Read more

Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, is once again sounding the alarm for precious metals investors, this time warning that silver prices could face a sharp correction, even as he reiterates his long-term bullish stance on gold. The outspoken financial commentator said he is preparing to trade silver holdings for gold … Read more