MicroStrategy Posts Third Straight Loss on Bitcoin Impairment Charge
Bitcoin hedge-fund proxy MicroStrategy Inc. posted a third consecutive quarterly loss after taking an impairment charge against the value of…
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a years-long…
Elon Musk wants people to submit their medical scans to Grok, his AI chatbot
Elon Musk is urging people to submit their medical scans to Grok for analysis, but doctors advise using caution when…
Ford’s Shares Tumble After High Costs Pressure Profit Outlook
Ford Motor Co.’s shares fell after the company warned that earnings this year will be at the low end of…
Chinese chipmaker’s new 7nm CPUs reportedly outperform Intel’s Raptor Lake — Loongson adopts “tock-tock-tick” strategy to close the gap with Intel
Chinese CPU manufacturer Loongson is purportedly closing the gap quickly to Western CPU manufacturers regarding raw performance. Fast Technology reports…
Airbus delivers first A321XLR in new front against Boeing
PARIS (Reuters) – Airbus has delivered its first A321XLR jet to Spain’s Iberia, the European planemaker said, stepping up a…
Iron Ore Falls as Inventories Rise Despite China’s Stimulus Push
Iron ore retreated from the highest close in two weeks on rising port inventories in China, the biggest importer of…
Boeing overcharged Air Force nearly 8,000% for soap dispensers, watchdog alleges
Boeing overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap…
PepsiCo to close Chicago bottling plant, impacting 150 workers
PepsiCo said Monday it’s closing a Chicago bottling plant, a move the Teamsters union says will impact 150 workers. PepsiCo…
Oil Steadies After Steep Plunge as Focus Moves to China, OPEC+
Oil held steady after tumbling the most in more than two years on Monday as the wipeout of crude’s geopolitical…