Category: Business

L3Harris names Sam Mehta CEO after Christopher Kubasik steps down following a board probe. (Photo by LUKE SHARRETT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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L3Harris names Sam Mehta CEO as Christopher Kubasik steps down after board investigation

L3Harris Technologies has a new CEO. The US defense contractor on Monday appointed Sam Mehta as President and CEO, effective immediately. He will also join…

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IREN stock rises after Microsoft approves its first 50MW AI site, boosting hopes for its $4 billion AI-cloud revenue target and future growth. (Getty Images via AFP)
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IREN stock jumps after Microsoft approves first AI data center site

IREN stock rose in premarket trading on Monday as investors reacted to a major milestone in the company’s AI-cloud business. IREN shares were trading at…

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Global markets rise as weak US data cuts Fed rate-hike bets, while the dollar falls and investors watch oil, China data and Wall Street stocks. ( AFP)
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Global shares rise as Fed rate-hike bets fade after weak US economic data

Global shares moved higher on Monday as investors became less worried about an immediate US interest-rate hike. The move came after a series of weaker-than-expected…

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Wall Street expects the S&P 500 to jump 17% as AI spending boosts earnings. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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Wall Street expects the S&P 500 to jump 17%: Can AI drive another big stock-market rally?

Wall Street is betting on another strong year for US stocks, with the S&P 500 expected to gain about 17% over the next 12 months…

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Liverpool FC has decided to sell a minority stake to a consortium of financial heavy hitters including Amazon founder Jeff Bezos. (AFP photo)
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Tech Tonic – Jeff Bezos and why Liverpool Football Club cannot be Amazon-ised

February 6, 2016. Liverpool are 2-0 up against Sunderland at Anfield, seemingly cruising, when in the 77th minute, there was a flurry of activity in…

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Gen Z is watching the stock market hit records but still feels broke. (Pexel/Representative image) (Pexel)
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Gen Z is watching the stock market hit records, so why do they still feel broke?

Americans are hearing that the economy is doing well and that the stock market is hitting record highs. But many young Americans still feel they…

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Morgan Stanley sees SpaceX stock hitting $300 as investors overlook its AI potential, Cursor deal, Starlink growth and Starship opportunity. (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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SpaceX stock could hit $300 as Morgan Stanley sees AI growth opportunity

SpaceX started trading publicly on June 12 with an IPO price of $135 per share. The stock opened at $150 and quickly climbed to $225…

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Bitcoin may face tougher competition from AI stocks over the next five years (Pexel/Representative image) (Pexel)
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Why bitcoin could lose its edge to AI stocks over the next 5 years

Bitcoin has been a major disappointment for investors over the last five years, especially when compared with the strong performance of technology stocks during the…

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S&P 500 CAPE ratio hits 41, raising concerns over high stock valuations. Here is what the market warning sign means. (REUTERS/Jeenah Moon/File Photo) (REUTERS)
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S&P 500 CAPE ratio hits 41: Why investors are watching this market warning sign

US stocks are having a strong year in 2026. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite are all up by double digits…

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The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. (Reuters)
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Tata Sons annual meeting may not happen in August. Here’s why

The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding…

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