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Business

2057 posts
  • Business

Elon Musk Predicts xAI Alone Will Buy ‘Billions’ of AI Chips Costing As Much as $25 Trillion, With 50 Million Chips Coming Within ‘5 Years’

  • August 27, 2025
  • Roubens Andy King
Elon Musk Predicts xAI Alone Will Buy ‘Billions’ of AI Chips Costing As Much as  Trillion, With 50 Million Chips Coming Within ‘5 Years’
Elon Musk’s latest assessment of artificial intelligence (AI) infrastructure puts sheer computing capacity at the center of industry progress and competition. The comment matters because it comes from an executive…
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NPR’s ‘All Things Considered’ names Scott Detrow as new full-time host
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  • Business

NPR’s ‘All Things Considered’ names Scott Detrow as new full-time host

  • August 27, 2025
  • Roubens Andy King
NPR’s “All Things Considered” is getting a new weekday voice. Scott Detrow will become a full-time weekday host of NPR’s afternoon radio show starting Sept. 29, while maintaining his role…
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Ryanair to raise bonus to €2.50 for staff who spot oversized cabin bags | Ryanair
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  • Business

Ryanair to raise bonus to €2.50 for staff who spot oversized cabin bags | Ryanair

  • August 27, 2025
  • Roubens Andy King
Ryanair will pay airport staff increased and unlimited bonuses of €2.50 for every non-compliant carry-on bag they take from passengers, the airline’s boss has announced. Passengers whose cabin cases exceed…
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BofA Lowers Elastic (ESTC) Price Target to  Amid AI Competition
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  • Business

BofA Lowers Elastic (ESTC) Price Target to $96 Amid AI Competition

  • August 27, 2025
  • Roubens Andy King
Elastic N.V. (NYSE:ESTC) is one of the AI Stocks Analysts Say You Shouldn’t Ignore. On August 25, BofA Securities analyst Koji Ikeda lowered the price target on the stock to $96.00…
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22 TV series will receive a California film tax credit
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  • Business

22 TV series will receive a California film tax credit

  • August 27, 2025
  • Roubens Andy King
Nearly two dozen television shows will receive incentives for shooting in California — including two series that relocated from Texas and Canada — in the first award period since the…
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Trump imposes 50% tariff on India as punishment for buying Russian oil | Trump tariffs
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  • Business

Trump imposes 50% tariff on India as punishment for buying Russian oil | Trump tariffs

  • August 27, 2025
  • Roubens Andy King
Donald Trump imposed 50% tariffs on most US imports from India, making good on a threat to punish one of the world’s largest economies over its purchases of discounted Russian…
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Dow, S&P 500, Nasdaq wobble in countdown to Nvidia earnings report
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  • Business

Dow, S&P 500, Nasdaq wobble in countdown to Nvidia earnings report

  • August 27, 2025
  • Roubens Andy King
I would keep an eye on PVH Corp. (PVH) this morning after a sizable earnings beat last night. The company also reiterated its full year earnings guidance, despite an expected…
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ChatGPT maker touts how AI benefits Californians amid safety concerns
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  • Business

ChatGPT maker touts how AI benefits Californians amid safety concerns

  • August 27, 2025
  • Roubens Andy King
OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more productive as the tech company faced heightened safety concerns this week. In…
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Abercrombie & Fitch raises annual sales forecast
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  • Business

Abercrombie & Fitch raises annual sales forecast

  • August 27, 2025
  • Roubens Andy King
(Reuters) -Abercrombie & Fitch raised its annual sales forecast on Wednesday, betting on robust demand for its Hollister brand of dresses and jeans as shoppers prioritize spending on trendy apparel…
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Employees are back, bosses say. In California? Not so much
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  • Business

Employees are back, bosses say. In California? Not so much

  • August 27, 2025
  • Roubens Andy King
Even as bosses across the country report a jump in the number of people returning to the office, attendance in California remains less than half of what it used to…
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