Adobe shares post biggest gains in more than four years after it reports user take-up of generative AI tools
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Elon Musk Wins Shareholder Vote On Pay, Texas Incorporation
Shareholders at Tesla vote to reinstate Elon Musk's 'ridiculous' $56bn pay package, and approve incorporation in Texas
SEC Reaches $4.5bn Settlement With Bankrupt Terraform Labs
Terraform Labs and disgraced founder Do Kwon agree to pay the US SEC a combined $4.5 billion in civil fraud case
WeWork Emerges From Bankruptcy Protection
WeWork, once valued privately at $47bn and seen as future of workplace, emerges from bankruptcy protection in US
Tesla Investor Slams Elon Musk’s $56bn Pay Deal, Amid Another Lawsuit
Head of one of the largest pension funds in US to vote against Elon Musk's ‘ridiculous’ pay package, as another Tesla investor files lawsuit
Nvidia Completes Stock Split To Make Shares More Affordable
The 10-for-1 stock split at Nvidia has taken place, after the meteoric share price rise helped it become one of the most valuable tech firms
Alphabet Names Anat Ashkenazi As CFO
Anat Ashkenazi swaps CFO role in pharmaceutical industry to join Alphabet, replacing outgoing CFO Ruth Porat
Nvidia Overtakes Apple As Second Most Valuable Tech Firm
Value of Nvidia continues to surge as it reaches $3 trillion market cap, making it the second most valuable tech firm
Terra Labs, Do Kwon Settle SEC Fraud Case
Tentative settlement reportedly reached between the US SEC and Singapore's Terraform Labs and founder Do Kwon
SoftBank-Owned ARM To Develop AI Chips
SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres amidst investment boom
Shares In Chinese EV Firm Zeekr Soar On Debut
EV maker Zeekr, controlled by car giant Geely, valued at nearly $7bn as investors heartened by surging sales
Google Staff Question Layoffs After Record Earnings
Staff at Google question CEO Sundar Pichai over 'significant decline' in workforce morale amid ongoing job cuts, despite strong financials
FTX To Repay Creditors In Full, $11 Billion
Good news for creditors. CEO John Ray III says bankrupt crypto exchange FTX will be able to fully repay creditors $11bn
Grayscale Bitcoin Shares Surge On First Inflow Since January
Dominant Bitcoin ETF Grayscale Bitcoin Trust shows first net inflow since January as investors flock to new crypto investment vehicles
Apple Shares Surge Ahead Of New AI Hardware Launches
Apple shares surge on optimism that new AI-focused hardware launches will drive renewed sales, starting with iPad event on Tuesday
Apple Announces Record Share Buyback, Amid iPhone Sales Decline
Investor appeasement? Apple unveils huge $110 billion share buyback program, as sales of iPhone decline in almost all global markets
Binance’s Changpeng Zhao Sentenced To Four Months In Prison
US judge sentences Binance founder, Changpeng Zhao, to four months in prison for ignoring money laundering on his platform
Alphabet Value Surges Over $2tn On Dividend Plan
Google parent Alphabet sees market capitalisation surge over $2tn on plan to over first-ever cash dividend, revenue growth
Snap Sees Surge In Users, Ad Revenues
Snapchat parent Snap reports user growth, revenues in spite of tough competition, in what may be sign of stronger advertising market
Microsoft Beats Expectations Thanks To AI Investments
Customer adoption of AI services embedded in cloud services continues to deliver results for Microsoft, pushing shares higher
Meta Declines On Heavy AI Spending Plans, Despite Strong Q1
Share price hit after Meta admits heavy AI spending plans, after posting strong first quarter financial results
Tesla Posts Biggest Revenue Drop Since 2012
Elon Musk firm touts cheaper EV models, as profits slump over 50 percent in the face of falling sales and staff layoffs
US SEC Seeks $5.3 Billion Fine From Terra’s Do Kwon
Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon in civil fraud case
Trump Media Warns Of ‘Potential Market Manipulation’
Shares in Trump social media platform owner rise after chief executive warns of 'naked' short sellers trying to manipulate stock price
TSMC Shocks Investors With Lower Chip Growth Forecast
TSMC pulls back on forecast of global chip industry growth for 2024, stirring concerns around expected recovery this year
Netflix Reports Profits Surge, But Forecast Disappoints
Netflix shares slump as it reports profit surge but says it will stop reporting subscriber metrics next year
Trump Media Shares Buckle Over Secondary Offering Plans
Shares in Donald Trump's social media company Trump Media plummet on Monday after company announces plans to issue millions more shares
Sam Bankman-Fried Appeals FTX Fraud Sentence Of 25 Years
Disgraced crypto billionaire and former FTX CEO Sam Bankman-Fried appeals 25 prison sentence for masterminding huge fraud
Tesla Shares Dive After EV Shipments Disappoint
Investors unhappy after Tesla posts a shipment slump in first quarter despite price cuts, amid concern about user demand for EVs
Intel Shares Slide After Foundry Business Posts $7 Billion Loss
Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion