Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk. The report, citing comments from sources familiar with the discussions, said that Tesla’s board members reached out to several executive search…
McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain to be affected by America’s turbulent economic environment. The burger giant reported U.S. same-store sales fell 3.6%, the largest three-month drop since Q2 2020, when they plunged 8.7%.…
Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part of a trading plan adopted on March 4, the…
Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk. The report, citing comments from sources familiar with the discussions, said that Tesla’s board members reached out to several executive search…
Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in ‘baby bumps’ or ‘alongside live lobsters,’ ” a spokesperson…
Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun County, nicknamed “Data Center Alley” because it hosts the largest cluster of data centers in the world. The utility works closely with the Big Tech companies…
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four days, was unchanged for a day…
The world’s smallest elephants are still big. Measuring around nine feet (2.7 meters) tall, Bornean elephants are the smallest subspecies of the Asian elephant, and are two feet (60 centimeters) shorter than their African counterparts. Found only on the island of Borneo, mostly in the Malaysian state of Sabah, there…
The man vying to become Australia’s next prime minister has spent weeks trying to distance himself from comparisons to US President Donald Trump. “I’m my own person,” opposition Liberal Party leader Peter Dutton insisted, when asked for his thoughts on “Temu Trump,” the label given to him by critics referring…
The body of a young Ukrainian woman who died in Russian captivity after being held incommunicado for months was returned to Ukraine showing signs of torture, Ukrainian prosecutors have said. Kyiv said the remains of journalist Victoria Roshchyna, who went missing during a reporting trip, were returned as part of…