Business news

Business news • Jun 18

The average SpaceX buyer post-IPO is almost under water after two-day slide

Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.

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Business news • Jun 18

Jeff Bezos predicts AI will create a labor shortage, not replace human workers across the economy

Jeff Bezos says AI won't replace humans and will instead create a labor shortage, offering an optimistic outlook at the VivaTech conference in Paris.

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Business news • Jun 18

Thinking About Leaving Roku After the FOX Deal? Here Are the Best Streaming Devices to Replace It

For years, Roku has been the go-to streaming platform thanks to its simple interface, affordable hardware, and neutral approach to streaming.

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Business news • Jun 18

Student-loan borrowers can act now to become eligible for a new repayment benefit

The Education Department announced a 1% student-loan interest-rate deduction for borrowers who enroll in autopay beginning July 1.

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Business news • Jun 18

Chick-Fil-A Has Officially Been Dethroned As America's Top-Rated Fast Food Chain

Chick-fil-A has been the number one fast food chain in terms of customer satisfaction but Jersey Mike's has just earned the top spot according to the ACSI.

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Business news • Jun 18

Amazon hopes to challenge Nvidia more directly by selling its AI chips

AWS is in talks to sell its chips to other data centers. CEO Andy Jassy has said this represents a $50 billion opportunity for the company.

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Business news • Jun 18

Trump Mocked Mark Zuckerberg and Jeff Bezos by Showing Off Fawning Texts

Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos sought to ingratiate themselves with President Donald Trump after he won the 2024 election, and in...

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Business news • Jun 18

Accenture Takes a Hit on Worsening Outlook and Cloudy AI Future

Shares fall 18% as CEO says the IT consulting firm will bring in less revenue than expected in coming months.

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Business news • Jun 18

Student loan borrowers will get an interest rate cut if they sign up for auto pay

Student loan borrowers who enroll in automatic payments will get a much bigger discount on interest starting July 1, the U.S. Department of Education says.

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Business news • Jun 18

Intel, Apple, Accenture, Micron, SpaceX, and More Stocks That Explain Today’s Market

Stocks rose Thursday with tech and artificial-intelligence names advancing before the long holiday weekend and after President Donald Trump signed a...

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Business news • Jun 18

Bernie Sanders unveils $7 trillion plan to give Americans control of AI industry

Bernie Sanders has unveiled an aggressive plan to transfer trillions from leading AI firms to the public, and, to the likely horror of AI firms,...

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Business news • Jun 18

Accenture forecast takes hit from Iran war, shares tumble over 17%

Accenture forecast quarterly ​sales below Wall Street estimates on Thursday as the Iran war hampers its consulting business in the ‌Middle East and beyond,...

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Business news • Jun 18

PMC Acquires Vox Media Brands, Creating Digital Publishing Giant

PMC acquired the Vox Media portfolio of digital brands, including Eater, The Verge, SB Nation, Popsugar, the Dodo, Punch and Thrillist.

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Business news • Jun 18

The White House said Anthropic’s powerful AI was ‘jailbroken.’ Here’s what that means.

It's surprisingly simple to trick chatbots into breaking their own rules and spilling forbidden knowledge. Even poems and bedtime stories can work.

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Business news • Jun 18

California’s housing prices reach staggering new high as city drives sales through the roof

Bay Area home sales are sending California's median housing prices to record highs, according to the California Association of Realtors.

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Business news • Jun 18

FDA panel considers a first-of-its-kind flu vaccine using mRNA technology

US health advisers are debating a new kind of flu vaccine on Thursday, the first made with the same mRNA technology that was key to ending the Covid-19...

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Business news • Jun 18

Study: Climate Risk to Data Centers Much Higher Than Thought

The cloud may be metaphorical, but the climate risks to it are not. A new analysis by climate-risk firm First Street finds nearly 80% of global data center...

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Business news • Jun 18

Only 8% of investors believe AI stocks aren't in a bubble, AAII survey finds (AIQ:NASDAQ)

AAII survey shows 88% of investors see AI stock bubble risks or overvaluation.

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Business news • Jun 18

Gas prices fall below $4 a gallon for the first time in nearly 3 months

Gasoline prices in the U.S. fell below $4 a gallon on Thursday for the first time in nearly three months, after surging as global oil prices shot up amid...

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Business news • Jun 18

Google DeepMind unveils a plan to protect itself from its own rogue AI agents

Google has developed a new plan to police the increasingly capable AI agents it uses within its own AI research organization, and the company is publishing...

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