business News

Elon Musk has been entrusted with federal cost-cutting. Meanwhile, his businesses have collected a reported $38 billion in government funds—including millions loaned to Tesla when it was struggling - Fortune

Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.

AppLovin Stock Takes It In The Shorts, Plunges On Two Negative Reports - Investor's Business Daily

AppLovin stock plummeted after two research firms disclosed that they were short APP stock. AppLovin has fallen for seven straight days.

Stock market today: Wall Street climbs and heads for its first gain in 5 days - The Associated Press

U.S. stock indexes are rising after a four-day losing streak knocked Wall Street off its all-time high and threw some of its brightest stars into reverse. The S&P 500 climbed 0.4% Wednesday. The Nasdaq composite jumped 0.8%, and the Dow Jones Industrial Avera…

Slack Down: Thousands Report Issues With Messaging Platform - Forbes

Nearly 3,000 people had reported issues with Slack just after 11 a.m. EST on Wednesday.

Elon Musk claims DOGE is saving $5.2 million on Alabama federal buildings: Here are the properties - AL.com

According to the DOGE website, it has cut spending at six federal offices in the state so far this year.

GE Vernova Stock Jumps on AI Data Center Deal. Electricity Demand Promises Growth. - Barron's

Crypto sleuths join hunt for $1.5bn stolen in biggest ever heist - BBC.com

ByBit is offering financial rewards to anyone who can spot criminals attempting to launder the stolen crypto.

Nvidia earnings live updates: Wall Street watching chip demand and guidance around DeepSeek - Business Insider

Nvidia's earnings call is today at 5 pm ET. NVDA stock heads into the report down 6% YTD. Analysts are monitoring guidance around DeepSeek.

AppLovin shares tumble 13% as short sellers question its centerpiece AXON ad software - CNBC

Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics.

North Korean hackers pull off the biggest heist of all time, stealing $1.5 billion in crypto - Fortune

State-backed group breaches system of Dubai exchange Bybit.

Trump suggests pilot’s license be suspended in close call at Chicago airport - The Hill

President Trump suggested the business jet pilot who was involved in a near-miss at Chicago’s Midway International Airport on Tuesday have his license suspended in a fiery post on social media.  “GREAT JOB BY THE SOUTHWEST PILOTS IN CHICAGO. A NEARLY TRAGIC C…

Stock Market Today: Dow Jones Rises; Nvidia Gains With Earnings Due While Super Micro Soars (Live Coverage) - Investor's Business Daily

WTI Stuck Below $70 as EIA Confirms Crude Inventory Draw - OilPrice.com

WTI crude was trading at $69 per barrel as the EIA confirmed a surprise draw in crude inventories

Tesla Stock Is Rising. Where the Charts Say It Could Be Headed Next. - Barron's

Rout wipes $800bn from crypto market as bitcoin slump deepens - Financial Times

Crypto fervour that greeted Trump’s election has faded amid series of scandals

'We are the economy': A Midwestern man's call for a nationwide boycott sparks global response - KSDK.com

Hundreds have signed up for the People's Union USA's boycott taking place on Friday, and it all began with John Schwarz.

GM Hikes Dividend and Unveils Stock Buyback Plan - Barron's

Lucid’s CEO steps down, as EV maker aims to double production - The Verge

Lucid CEO Peter Rawlinson is stepping down as the company predicts a new phase of growth.

Trump wants Apple to ‘GET RID OF DEI RULES, NOT JUST MAKE ADJUSTMENTS’ - 9to5Mac

President Trump has calmly suggested that Apple should consider reevaluating its policies around diversity, equity, and inclusion, while making the...

S&P 500 rises for first time in 5 sessions, Nvidia gains before earnings: Live updates - CNBC

Stocks rose Wednesday, with the S&P 500 trying to snap a four-day losing streak, as investors awaited earnings from market bellwether Nvidia.