Iren Q1 2027 Earnings Report
Thomas Fuller | SOPA Images | Light flare | Getty Images After a 26% drop in its post-election share price, neocloud IREN said in its earnings report Thursday that more than $4 billion in annual recurring revenue planned for 2026 has been pushed back…
Asian stocks collapse after AI rout rocks US markets
(Corrects typographical errors in paragraphs 2 and 10) By Ankur Banerjee SINGAPORE, Nov 6 (Reuters) – Technology-heavy Asian markets slumped on Friday as fears of increased regulatory scrutiny and a slowdown in AI development triggered the biggest…
Liquidation of technology stocks: SK Hynix, Samsung, SoftBank
Images of mobile devices at the Innovation Museum of Taiwan Semiconductor Manufacturing Co. (TSMC) in Hsinchu, Tuesday, January 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Friday, following a sharp sell-off on Wall…
Trump Blames Democratic Midterm Victories on Falling Stock Markets and 401(k)s
Ben Pouladian, founder of BEP Research, analyzes the sell-off in tech stocks and concerns over artificial intelligence infrastructure under the ‘Making Money’ theme. President Donald Trump blamed Democrats’ resounding victories in the…
IRS Moves Tax Brackets for 2027. Will You Owe Less Money?
November 5, 2026, 4:49 p.m. ET All seven federal income tax brackets will increase next year to adjust for inflation, while tax rates will remain the same, the IRS said. The IRS announces federal income tax brackets that determine the amount of tax you…
Wendy’s rejects takeover offer, prepares for hostile takeover campaign
DUBLIN, Ohio — Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday the offer was too low and failed to take into account the company’s long-term earnings potential under its new CEO. The Dublin, Ohio-based…
Novartis cites previously unknown tumor cases potentially linked to gene therapy
Ed’s stories explore the price, affordability and access of prescription drugs, as well as issues related to patents, litigation and legislation. He is also the author of the morning Pharmalittle newsletter and the afternoon Pharmalot newsletter.…
Here is the severance package offered to laid-off American employees
In the United States, Block employees affected by the latest round of budget cuts will receive at least 60 days of pay, plus severance pay. These workers are entitled to at least seven weeks of base pay, according to an internal FAQ document viewed by…
Gas prices could soon drop below $4 a gallon. So why are fuel prices falling?
Motorists could soon see U.S. gasoline prices fall below $4 a gallon for the first time since July, energy experts say. Patrick De Haan, an oil expert with the price tracking company GasBuddy, told CBS News that he expects the national gas average, which…
Google: Schools Can Continue Searching While Ignoring Gemini, But AI Search Is Non-Negotiable
Google faced the ire of educators and parents earlier this week when it announced a new AI policy for primary and secondary schools. Google said it developed its new approach to give schools more control, but early reports also suggested Google would…