Shares of Ford Motor took a significant hit, leading to the company’s worst day since 2008. The automotive giant’s performance sent shockwaves through the industry, impacting other major U.S. automotive stocks. A Tough Day for Ford Ford’s shares plummeted 18.4%, closing at…
The US Justice Department has launched a lawsuit against TikTok, accusing the popular social media platform of violating children’s privacy laws. The lawsuit alleges that TikTok, along with its parent company ByteDance, has failed to prevent children from joining the app and…
In a historic shift, Southwest Airlines is ending its open seating model and will start offering extra legroom seats to increase revenue and cater to evolving customer preferences. This marks the biggest change in the airline’s 53-year history. The End of Open…
Instagram users faced a surprising notification on Wednesday as certain photos were permanently deleted from the app’s Stories archives. The issue, caused by a technical bug, left affected users with a message stating, “This story is no longer available.” Meta, the parent…
Shares of Viking Therapeutics surged nearly 30% following the announcement that their experimental weight loss injection, VK2735, is advancing to a late-stage trial. This San Diego-based biotech company is poised to compete in the lucrative GLP-1 market, projected to reach $150 billion…
Google’s recent Olympics advertisement has gone viral, but not for the reasons the tech giant might have hoped. The ad, which aired during the Olympics, showcased Google’s new AI tool, Gemini, and its ability to generate human-like text. However, the ad has…
American Airlines has announced a significant reduction in its profit forecast for the year, citing a flawed sales strategy and an oversupplied market. The airline’s CEO, Robert Isom, has committed to ensuring capacity aligns with demand moving forward. Adjusted Profit Forecast and…
OpenAI has unveiled a new search engine, SearchGPT, which represents a significant threat to established tech giants like Google and Microsoft. Announced on Thursday, SearchGPT leverages OpenAI’s advanced artificial intelligence technology to deliver a search experience that integrates real-time web information with…
Southwest Airlines has reported a significant decline in profits as the company takes critical steps to boost its revenue. Despite achieving record revenue in the second quarter, the airline’s profit has dropped by over 46%, prompting urgent measures to address the financial…
Former US President Donald Trump recently stirred controversy by accusing Taiwan of usurping the United States’ dominance in the $500 billion semiconductor industry. In an interview with Bloomberg Businessweek, Trump reiterated his assertion that Taiwan had taken “almost 100%” of the industry…