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OpenAI, maker of well-known AI tools, is making the news again. This time, the news is about money. OpenAI staff members are planning to sell a huge chunk of their stock worth around $6 billion to investors, including SoftBank. That’s a massive deal, not just in size but in what it could mean for the…
Asian markets started the day on the back foot. Stocks from Tokyo to Hong Kong slipped after fresh U.S. inflation data caught investors off guard. The Producer Price Index, a major measure of wholesale costs, rose more than anticipated. That’s a red flag for those betting on quick interest rate cuts from the U.S. Federal…
The NSDL Shares Price has been on a remarkable upward streak since its listing in October 2023. In less than a year, the stock has surged over 80% from its IPO price, catching the attention of retail and institutional investors alike. The question now is whether this rally is sustainable or if it is nearing…
Bpost, Belgium’s leading postal and logistics company, has given investors a reason to cheer. Its shares jumped 8% after the company posted stronger-than-expected Q2 results. Revenue was up, profits were solid, and management even raised its outlook for the rest of the year. In a market where many delivery companies are struggling with rising costs…
In just over a year, xAI has seen many ups and downs. One big change came recently when Robert Keele, the company’s first head of legal, decided to step down. He said the tough job kept him away from his family, especially his two young toddlers. This move surprised many in the tech world, especially…
Maersk, the global shipping and logistics giant, has surprised the market once again by upgrading its 2025 profit forecast. Despite persistent trade tensions and disruptions in major shipping routes, container demand has remained surprisingly strong. This unexpected growth has allowed Maersk to revise its financial outlook upwards after a stronger-than-anticipated second quarter. Stronger Q2 Results…
OpenAI is trending in the news once more. This time, it’s about much more than ChatGPT or AI products. It’s about money and a lot of it. The company is aiming for a massive $500 billion valuation in its upcoming share sale. Yes, $500 billion. That’s more than the value of some entire industries. And…
WhatsApp has taken a major step against online fraud by deactivating 6.8 million accounts in India in just one month. This move is part of a wider effort to curb scam operations run by global fraud centers. With over 2 billion users, WhatsApp remains a top messaging app worldwide. But its popularity has also made…
Figma’s entry into the stock market has been remarkably eventful. The design‑software company, known for reshaping how teams collaborate online, priced its IPO at $33 per share and saw an explosive start. Within hours, its stock jumped nearly 250%, briefly touching highs above $110. Now, just days later, we are seeing the flip side of…
RAC, one of the UK’s oldest roadside assistance companies, might be heading for a big change. Its private equity owners are now exploring two major options: a £5 billion sale or a public listing. That’s a huge number and a big decision. Founded in 1897, RAC has grown from a simple motoring club to a…