Investors and pundits are hating on the electric Luce that Ferrari just unveiled.
Category: Business
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The US honey industry is in a bit of a sticky spot
Production is stalling as bee colony losses mount, per the USDA, but demand for honey just keeps on rising.
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IREN rallies after securing GPUs to boost run-rate revenues to $4.4 billion
IREN’s making good on its deal with Nvidia.
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Teens aren’t getting summer jobs like they used to — this year could be worse than ever
Teen summer hiring in the US might hit its lowest level since federal tracking began, new report finds.
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US regulators reportedly appear likely to approve Paramount’s Warner Bros. acquisition
DOJ antitrust regulators appeared swayed by Paramount’s merger argument following a Tuesday meeting, according to Semafor reporting.
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Tesla is recovering in Europe. BYD is still beating it.
So far this year, Tesla’s European sales are up 46%. BYD’s have grown 144%.
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Zscaler plummets after revenue guidance falls short of estimates
Zscaler’s guidance for new customer additions was bleaker than expected.
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Stocks climb to new records amid peace prospects; chip stocks rally
Hopes of an imminent peace deal with Iran and reports that the US Navy has restarted shepherding vessels through the Strait of Hormuz sent stocks higher and oil prices lower.
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Ethereum trades sideways as Foundation bleeds members
Ethereum ETFs have seen 10 consecutive days of outflows, totaling more than $461.1 million, data from SoSoValue shows.
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Oklo rises after saying it’s in advanced negotiations on US plutonium recycling
Under this federal program, Oklo will help to turn excess legacy Cold War nuclear material into commercial fuel for its advanced power plants.
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Qualcomm spikes after report that it’s selling “millions” of AI chips to TikTok owner ByteDance
The chip company had been telegraphing that its foray into AI infrastructure sales was imminent.
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Amid fears of AI killing tech jobs, companies race to fill cybersecurity roles
Powerful new cyber capabilities from models like Anthropic’s Mythos are driving companies to go on a cybersecurity hiring spree.
