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2 weeks ago | 
japantimes.co.jp | Aditya Soni |Juby Babu
The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.
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2 weeks ago | 
today.westlaw.com | Paul Simao |Juby Babu |Sayantani Ghosh
BELGRADE/FRANKFURT/LONDON (Reuters) - U.S. President Donald Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and...
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2 weeks ago | 
marketscreener.com | Aditya Soni |Juby Babu
(Reuters) -The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.
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2 weeks ago | 
streetinsider.com | Aditya Soni |Juby Babu
1. SPY2. GOOGL3. GOOG4. WMT5. KRUS6. STZ7. DAL8. AMZN9. META10. NRIX Tweet Share E-mail0 shares A screen displays a trading chart on the New York Stock Exchange (NYSE) in New York City after the White House announced a 90-day pause & lowered 10% reciprocal tariff for other countries, U.S., April 9, 2025.
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3 weeks ago | 
zawya.com | Juby Babu
Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40. At close, the company added more than $7 billion to its market value. On Friday, the Nvidia-backed stock debuted at $39, giving the AI infrastructure firm a valuation of $23 billion on a fully diluted basis. CoreWeave had already taken a hit on Thursday when it downsized its IPO.
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3 weeks ago | 
usatoday.com | Juby Babu
U.S. venture capital firm Andreessen Horowitz is in discussions to invest in TikTok as part of an effort led by President Donald Trump to gain control of the short video app from its Chinese owners, the Financial Times reported on Tuesday.
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3 weeks ago | 
today.westlaw.com | JASPREET SINGH |Vijay Kishore |Juby Babu
(Reuters) -Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40. At close, the company added more than $7 billion to its market value.
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3 weeks ago | 
ksl.com | Greg Bensinger |Tatiana Bautzer |Seher Dareen |JASPREET SINGH |Juby Babu |Krystal Hu
NEW YORK — Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter, for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.
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3 weeks ago | 
zawya.com | JASPREET SINGH |Juby Babu
Social media platforms X and Reddit were back online after thousands of users in the U.S. experienced disruptions on Thursday, according to outage tracking website Downdetector.com. On its status page, Reddit confirmed degraded performance that affected the website at 3:16 p.m. ET. More than 33,000 incidents were reported at the peak of Reddit's outage, Downdetector showed, which tracks outages by collating status reports from various sources.
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3 weeks ago | 
today.westlaw.com | Prakhar Srivastava |Juby Babu |Leslie Adler
(Reuters) -U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said on Friday. In addition, former employee Gregory Dwyer and an entity owning and operating the crypto exchange...
