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The Latest Breaking News on Business

Elon Musk’s unprecendented accumulation of wealth

IPO mints Musk as world’s first trillionaire – now SpaceX is public, it will be harder than ever not to have a stake in its future

The Guardian - US

PayPal winds down venture arm as fintech giant restructures under new CEO

The fintech is exploring the sale of parts of its portfolio on the secondary market.

Fortune

Spotify was down — what happened during the short outage

Something was wrong with Spotify as thousands of users reported issues with the music streaming service.

Tom’s Guide

From analysis to the latest developments in health,
read the most diverse news in one place.

ChatGPT’s market share dips below 50%: Key AI trends to know

Hit by Google Gemini's continued expansion and Claude's recent growth, ChatGPT's share of the AI assistant market fell below 50% for the first time in March 2026, as per a report published by market intelligence firm Sensor Tower.

The Economic Times

Robinhood CEO Says 'Business Has Never Been Stronger,' Then Cuts 10% of Workforce

Robinhood plans to cut 10% of its workforce to streamline operations, despite strong performance and record trading. The restructure aims to boost efficiency and simplify management.

International Business Times UK

Sleep Number has filed for bankruptcy — here's what that means for your smart mattress

Sleep Number plans a sale to bedding brand Sleep Country Canada — here's what will happen to your Sleep Number mattress and app.

Tom’s Guide

US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks

Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, implying a potential upside of about 5% from current levels. The brokerage cited stronger corporate earnings, easing macroeconomic uncertainty following the interim U.S.-Iran agreement, and improved investor sentiment after a recent market pullback.

The Economic Times

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IBM Study: Limited Control and Rising Dependencies Leave Enterprises Exposed in the Age of AI

ARMONK, N.Y., June 17, 2026 /PRNewswire/ -- A new global study by the IBM (NYSE: IBM) Institute for Business Value finds that as enterprises embed AI deeper into core business operations, most surveyed organizations remain locked into AI systems they cannot easily change, reinforcing the growing importance of AI sovereignty…

AAP

'The retail SSD market has almost disappeared,' says Silicon Motion exec — PC OEMs are buying third-party drives as direct NAND supply dries up

Vice president of client storage solutions at Silicon Motion warns that the retail SSD market has almost disappeared as NAND makers prioritize shipments of memory to AI data centers.

Tom’s Hardware

The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.

The market may still be mispricing Dell's AI opportunity.

Barchart

Doing the Math: How Micron Stock Could Reach $2,100 by 2028

Micron's AI memory leadership and sold-out production capacity could drive explosive revenue and earnings growth through 2028. If demand remains strong, a $2,100 stock price may be within reach.

Barchart

Why Cathie Wood Is Selling AMD Stock

Cathie Wood is trimming AMD to fund a bigger bet on SpaceX, even as the chipmaker's AI growth story remains intact.

Barchart

Investors say Microsoft inflated Copilot's success and OpenAI partnership — as Azure stumbles with growth concerns

Shareholders accuse Microsoft of masking cloud struggles while betting big and investing billions on AI infrastructure.

Windows Central

Dell Stock Looks Cheap Here With Higher Analyst Forecasts - Short Put Plays Are Attractive

Analysts have raised 2027 revenue forecasts for Dell Technologies, implying higher FCF and price targets. Shorting out-of-the-money DELL puts is attractive now. A 10% OTM put expiring in one month yields 4.9%.

Barchart

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TechRadar

Travel disruption is a productivity nightmare – AI is the game changing solution

As travel disruptions continue, AI is becoming essential to keeping business travelers moving seamlessly.

Barchart

Cooper Companies Stock: Is COO Underperforming the Healthcare Sector?

Cooper Companies has lagged behind the healthcare sector over the past year, and analysts remain moderately bullish about its prospects.

The Economic Times

Microsoft launches AI agent with pay-as-you-go pricing

Microsoft is changing how it charges for its software for the first time in two decades, moving to bill customers with a pay-as-you-go model each time they use its new AI agent. The turn is a notable one for Microsoft, whose office software has relied for some two decades on…

Barchart

Is CMS Energy Stock Underperforming the Dow?

CMS Energy has lagged behind the Dow Jones over the past year, yet analysts remain somewhat bullish about the stock’s outlook.

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news in one place.

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Barchart

Is Cincinnati Financial Stock Underperforming the S&P 500?

Cincinnati Financial has lagged behind the S&P 500 Index over the past year, and analysts remain somewhat bullish about the stock’s growth prospects.

International Business Times

Iran Allowed To Immediately Sell Oil After Signing Deal With U.S.: Report

The memorandum of understanding between the U.S. and Iran allows Tehran to immediately start selling oil, according to a new report.

The Economic Times

Is DoorDash Down? Thousands of users report app outages and delivery problems across major US cities today- When will the services be up again?

DoorDash faced significant service disruptions on Tuesday morning. Thousands of users reported problems accessing the food delivery platform, with most issues stemming from the mobile app. Major cities like New York and Chicago were heavily impacted. DoorDash acknowledged the outage and stated its team was working to resolve the problem.…

International Business Times

SpaceX Surges Past Microsoft And Becomes The Fourth Most-Valuable Company In The U.S.

SpaceX is now the fourth largest company in the U.S. by market capitalization in its third day of trading.

The Economic Times

AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise you

An AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. He believes superior rest sharpens minds, comparing engineers to athletes needing optimal recovery. This innovative approach aims to boost productivity by ensuring employees are well-rested and mentally sharp, fostering a healthier,…

The Free Financial Advisor

Medicare and Employer Coverage Don’t Always Work Together the Way Retirees Expect

Retirement often brings a mix of excitement and confusion, especially when health coverage enters the picture. Many people assume employer insurance and Medicare automatically coordinate without any issues, but reality tells a different story. The rules surrounding enrollment, timing, and primary coverage can create unexpected gaps that lead to costly…

International Business Times UK

'My Parents Opened a Credit Card in My Name': Student Discovers $30,000 Debt While Trying to Move Out

A Reddit user found a $30,000 debt on their credit report due to parental misuse and resolved it by understanding their status as an authorised user.

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