Tesla shares decline after Musk reveals Terafab AI chip factory plans. Investors assess risks of in-house manufacturing amid supply chain independence goals.
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Adobe stock dropped nearly 8% following a $75M settlement with federal regulators over allegations of hidden subscription cancellation fees and practices.
Rivian stock dropped 2.8% following R2 SUV pricing reveal at $57,990. Budget trims delayed to 2027, raising concerns about mainstream market strategy.
Google backs five Indian AI startups with $1M each through Accel partnership, offering compute credits and Gemini access despite slight GOOGL stock decline.
Nvidia stock sees modest decline ahead of GTC 2026, where the company will reveal Vera Rubin AI chips and a new CPU for agent-based workloads.
BioMap, a Baidu-backed AI biotech startup, confidentially files for Hong Kong IPO to raise hundreds of millions for its drug discovery platform expansion.
ASIC survey reveals 23% of Australian Gen Z own cryptocurrency, with most relying on social media influencers and AI tools for financial decisions.
Stanley Druckenmiller forecasts stablecoins dominating global payments in 10-15 years, citing blockchain efficiency and faster cross-border settlement.