Amazon will phase out its Amazon One palm recognition service across all U.S. retail locations by mid-2026, citing low adoption. The move signals a strategic pullback from in-store biometrics amid privacy debates and a broader refocusing of its physical store strategy.
Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
Palantir Technologies shatters expectations with Q4 results, reporting a 70% revenue surge and forecasting continued robust growth, as its AI platform becomes a central driver for U.S. commercial business.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core tenets of two decades of socialist policy. The overhaul aims to revive production but faces deep-seated risks and questions over its ultimate beneficiaries.
Elon Musk merges his rocket company with his AI startup, arguing that the future of scalable artificial intelligence depends on moving its immense power demands off-planet.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
Despite a 22.9% rally over the past year, new analysis suggests Julius Bär Gruppe shares may still be trading at a significant discount to their intrinsic value, presenting a potential opportunity for value-focused investors.
Microsoft's aggressive push into AI, marked by massive infrastructure spending and a deepening partnership with OpenAI, is facing a reality check from investors. Despite robust financials, concerns over capital intensity and concentrated risk triggered the stock's sharpest single-day drop in years, signaling a pivotal moment for the tech giant's cloud valuation story.
The luxury hospitality group turns to a Farfetch and Alo Yoga alum to lead global marketing strategy for its nascent ultra-luxury yachting venture, highlighting a broader industry shift towards fashion and lifestyle expertise.
The benchmark index has been trapped in a tight range for months, gaining a mere 1% since October as a defensive rotation into energy and healthcare pressures tech-heavy portfolios. Analysts warn the prolonged consolidation is creating a 'ticking clock' scenario, setting the stage for a decisive breakout or breakdown.
President Trump's latest push to improve housing affordability centers on lowering borrowing costs, not home values. But with a severe shortage of homes and prices near record highs, economists warn his proposals may simply reignite price surges rather than create lasting relief for aspiring homeowners.
Elon Musk's SpaceX has finalized the acquisition of his artificial intelligence venture, xAI, in a strategic move that merges the aerospace giant with the creator of the Grok chatbot. The deal, valued at a staggering $1.25 trillion, aims to accelerate AI development by leveraging shared computing resources and engineering talent from Musk's broader technology portfolio.
Bitcoin's sharp decline over the weekend, breaching the key $80,000 level, highlights its heightened sensitivity to macro risks and challenges its 'digital gold' narrative as investors scramble for safe havens.
The dramatic surge and sudden plunge in precious metal prices have thrown London's famed Hatton Garden into chaos, forcing jewellers, refiners, and families to navigate a volatile market with significant financial consequences.
As financial institutions grow more complex, a new report warns that their greatest vulnerabilities often lie not in unknown threats, but in systemic blind spots where accountability is diffused across multiple committees and functions.
Elon Musk is reportedly in advanced discussions to merge his space exploration giant, SpaceX, with his artificial intelligence venture, xAI, in a move that could reshape the frontiers of both industries and delay SpaceX's anticipated public offering.
Freshly released court documents include FBI testimony from a confidential source claiming the late financier Jeffrey Epstein managed hidden assets for Russian President Vladimir Putin and other powerful figures, shedding new light on his shadowy financial network.
Newly unsealed court documents show Steven Sinofsky, former head of Windows, shared confidential Microsoft strategy emails and sought personal advice from Jeffrey Epstein amid the failing launch of Surface RT in 2012.
While a seven-figure nest egg is a common retirement goal, financial experts caution that its sufficiency hinges on withdrawal strategies, lifestyle expectations, and supplemental income.
Amid a volatile market for mining stocks, Ramelius Resources stands out with a consistently high Return on Capital Employed (ROCE) of 30%, significantly outpacing its industry peers and fueling its multi-bagger potential.
