Warner Bros. Discovery Inc. will divide into two publicly traded companies by mid-2025, a sweeping move aimed at adapting to shifting viewer preferences and the financial pressures of the streaming era. The company will separate its streaming and studio operations from its traditional television network assets, it announced Monday.The new…
Apple is expected to take a bold leap forward in software innovation during its Worldwide Developers Conference (WWDC) on Monday, 9 June. Central to the announcements will be a significant rebranding of its operating system, jumping from iOS 18 straight to iOS 26, as per media reports.This dramatic renumbering signals…
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend. Shares in the electronic vehicle maker gained as much…
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions…
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth.This week’s most notable news is that Tether announced a partnership with Orionx to boost the use of Stablecoins in the region. On the other hand, World and Rappi teamed up to enhance digital ID verification…
Stitch Fix stock price has jumped in the past few weeks as investors bought the dip despite its business facing major challenges. SFIX shares will be in the spotlight on Tuesday when the company publishes its financial results.Stitch Fix business has faced major challengesStitch Fix is an e-commerce company that…
Adobe stock price has moved sideways in the past few days as investors wait for its earnings, which will shed more color on its progress on artificial intelligence. ADBE was trading at $415 on Friday, up by 25% from its lowest point this year. Adobe earnings aheadAdobe, the company behind popular…
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000, its highest point since February 24, and 24% above its lowest point this year. Similarly, the Nasdaq 100 Index has moved…
As stablecoins edge closer to mainstream adoption, a whirlwind of corporate and legislative activity is reshaping the financial landscape in the United States. On Thursday, Circle Internet Financial made a stunning debut on the New York Stock Exchange, soaring 168% as investors rallied behind the company that issues USDC—the second…
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government could sever ties with the tech titan’s businesses. ‘The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that…