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Vishakha Singh

Alphabet Exceeds Q2 Forecast, Increases AI and Cloud Expenditure to $85 Billion in 2025

Alphabet Exceeds Q2 Forecast, Increases AI and Cloud Expenditure to $85 Billion in 2025

Alphabet Inc., Google's parent company, reported its widely watched second-quarter earnings on Wednesday, exceeding Wall Street estimates in all respects and marking an aggressive bet on AI and cloud spending. The technology giant not only posted better-than-expected revenue and profit but also boosted its 2025 capital expenditure guidance

Inflation Bounces Back in June, Accelerating at 2.7% Rate

Inflation Bounces Back in June, Accelerating at 2.7% Rate

U.S. inflation crept higher in June 2025, with the consumer price index increasing 0.3% on the month, taking the annual rate of inflation to 2.7%. The increase, as cited by the Bureau of Labour Statistics (BLS), is in line with market forecasts and marks the highest inflation

Hyundai Motor Q2 Profit Drops 16% as U.S. Tariffs Hit

Hyundai Motor Q2 Profit Drops 16% as U.S. Tariffs Hit

Hyundai Motor Co. said its second-quarter operating profit fell 16%, blaming the decline on new U.S. tariffs imposed on cars and auto parts. The news marks increasing pressure on world automakers coping with trade tensions and volatile market conditions. The South Korean car behemoth recorded an operating profit of

Ether Machine, Supported by Crypto Icons, to Raise More Than \$1.6 Billion in Historic Nasdaq Debut

Ether Machine, Supported by Crypto Icons, to Raise More Than \$1.6 Billion in Historic Nasdaq Debut

In a significant move for the integration of the cryptocurrency industry into mainstream finance, The Ether Reserve, a formidable new crypto enterprise, has revealed its Nasdaq listing through a high-profile merger with special-purpose acquisition company (SPAC) Dynamix Corporation (DYNX.O). The combined company, to be branded The Ether Machine, is

Nvidia CEO Jensen Huang Sells $12.94 Million Worth of Shares Amid Continued Growth and Strategic Developments

Nvidia CEO Jensen Huang Sells $12.94 Million Worth of Shares Amid Continued Growth and Strategic Developments

Nvidia CEO Jensen Huang has sold another 75,000 shares of the company worth about \$12.94 million, as per a fresh filing made with the U.S. Securities and Exchange Commission (SEC) on Friday. This is the latest sale in a prearranged trading plan that was instituted in March

Jeep Maker Stellantis Warns of a Shock $2.7 Billion Loss as Tariffs Bite

Jeep Maker Stellantis Warns of a Shock $2.7 Billion Loss as Tariffs Bite

Auto behemoth Stellantis, the parent of well-known brands including Jeep, Dodge, Fiat, Chrysler, and Peugeot, has signaled a massive net loss of about 2.3 billion euros ($2.68 billion) during the first half of 2025. The loss comes primarily from the premature financial impact of U.S. tariffs and

Hadrian Raises $260 Million to Transform Defense Manufacturing using AI and Robotics

Hadrian Raises $260 Million to Transform Defense Manufacturing using AI and Robotics

In a significant vote of confidence for the future of U.S. defense infrastructure, defense manufacturing firm Hadrian raised $260 million in a Series C funding round, spearheaded by Peter Thiel's Founders Fund and Lux Capital. The large infusion of funds reflects the increasing investor belief in next-generation