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Investing

White House details safeguards for TikTok sale; Oracle to oversee algorithm

Oracle Corp will recreate and oversee the US version of TikTok’s algorithm as part of a proposed sale of the Chinese-owned app…
Investing

Novartis ramps up US stockpiles to shield against potential tariffs

Novartis AG (NOVN.S) has significantly increased its stockpiles of pharmaceuticals in the United States and is positioning itself to withstand potential tariffs,…
Investing

Weekly wrap: Trump’s $100K H-1B visa fee, Nvidia’s $5 billion bet on Intel, Kimmel’s show pulled and more

This week’s top stories shake tech, media, and the economy. From Trump’s controversial $100K H-1B visa fee and Nvidia’s $5 billion Intel…
Investing

TikTok set for US ownership, Oracle to lead algorithm control: White House

The White House confirmed a groundbreaking deal to keep TikTok’s American operations largely under US control, with Oracle stepping up to lead…
Investing

Why Blackstone’s $135 billion investment is not transformative for UK economy in 2025

In a high-profile announcement coinciding with President Donald Trump’s state visit to Britain, US investment giant Blackstone pledged a staggering £100 billion…
Investing

US administration may earn billions in TikTok deal, says WSJ

The Donald Trump-led US government is about to cash in big from the long saga over TikTok’s American future. An exclusive report…
Investing

Is PONY stock beating robotaxi rivals in the race to profitability?

Pony AI Inc (NASDAQ: PONY) rallied another 15% today after Leo Haojun, its chief of finance, said the robotaxi firm is “well…
Investing

AGMH stock price rally on 6-K filing is largely overdone and warrants selling

AGM Group Holdings Inc (NASDAQ: AGMH) stunned the market on Friday with a jaw-dropping 450% rally following a 6-K filing confirming the…
Investing

Scholastic share price plunge 13% after weak first quarter results

Shares of educational publishing and media company Scholastic (NASDAQ: SCHL) fell sharply on Friday, dropping 13.6% after the company reported weaker-than-expected first-quarter…
Investing

Evening digest: Trump and Xi to meet, Senate gridlock, Musk’s xAI hits $200B

Friday evening saw a series of significant political, economic, and international developments. The US administration advanced a multibillion-dollar weapons package for Israel,…
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