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Eli Lilly reached a historic milestone on Friday when it briefly surpassed a $1 trillion market capitalization, becoming the first health-care company in the world to enter a territory long dominated by technology giants. The company’s stock hovered near $1,048 per share during morning trading, touching the trillion-dollar threshold before pulling back slightly. It is only the second nontechnology business in the United States to reach this valuation, following Berkshire Hathaway’s climb

Warren Buffett has long admitted that one of his biggest investing oversights was failing to buy shares of Google in its early years. Two decades later, that regret has turned into action. Berkshire Hathaway has disclosed a new position in Alphabet Inc valued at approximately 4.3 billion US dollars, marking one of the most notable shifts in the firm’s long-standing investment philosophy. The announcement immediately boosted market sentiment around Alphabet, with shares rising after the fili

Elon Musk pushed back Wednesday against reports that his artificial intelligence company xAI had raised $15 billion in new capital, calling the claim false shortly after sources familiar with the matter indicated the funding round had closed. The initial reports suggested that investors had added $5 billion to an earlier $10 billion round disclosed in September, which placed the company’s valuation at roughly $200 billion. According to individuals close to the fundraising efforts, much of t

​Anthropic announced plans on Wednesday to invest $50 billion in a large-scale U.S. artificial intelligence infrastructure initiative, beginning with new data center projects in Texas and New York. The company said the facilities will serve as core components of its long-term strategy to accelerate research and support enterprise clients across industries that depend on high-performance AI systems. The data centers will be developed in collaboration with Fluidstack, an AI cloud platfo

Leaked internal documents have exposed a shocking revelation about Meta, suggesting the company earned an estimated $16 billion annually from scam and fraudulent advertisements across its platforms, including Facebook, Instagram, and WhatsApp. Despite publicly claiming to prioritize user safety and ad transparency, these documents show a deep conflict between Meta’s financial gains and its enforcement of ad integrity policies. According to the leaked materials reviewed by Reuters,

A wave of fraudulent text messages has resurfaced across Illinois, falsely warning residents of unpaid traffic tickets and threatening immediate penalties if payment is not made within 24 hours. The messages claim to come from the state’s Department of Motor Vehicles and include alarming statements about possible suspension of vehicle registration, prosecution, credit score impact, and extra toll fees. Officials have confirmed that these messages are fake and part of an ongoing scam designed t

The Dow Jones Industrial Average surged to another record close on Tuesday, buoyed by a series of strong corporate earnings reports that reinforced investor optimism about the resilience of major U.S. companies. Gains from household names such as Coca-Cola, 3M, and General Motors helped the blue-chip index climb even as technology shares lagged, reflecting a rotation from growth stocks into more traditional sectors. The 30-stock Dow rose 218.16 points, or 0.47%, to finish at 46,924.

Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig

Asia-Pacific markets retreated on Wednesday, following overnight declines on Wall Street after comments from U.S. Federal Reserve Chair Jerome Powell unsettled investors. Powell noted that equity prices appeared to be “fairly highly valued” and cautioned that the rate-cutting outlook remained unclear, adding that the central bank faces a “challenging situation” as it navigates inflationary pressures and economic growth concerns. In Australia, the S&P/ASX

Tesla’s stock price surged by more than 3% on Monday, closing at $410.26 per share, after it was revealed that CEO Elon Musk had purchased more than 2.5 million shares in the company. The acquisition, valued at around $1 billion, was disclosed in a regulatory filing and took place in several tranches at varying prices on Friday. The move immediately triggered optimism among investors and added significant momentum to Tesla’s already robust performance in recent months. T

Asia-Pacific markets moved lower on Wednesday as investors reacted to disappointing trade data from Japan and awaited China’s loan prime rate decision. The trend followed overnight losses in the United States, where a broad decline in technology stocks put pressure on indices. The movement across regional exchanges highlighted a cautious mood among global investors balancing weak export demand in Japan with uncertainty around Chinese policy actions.

A new housing project in Cupertino could soon reshape a familiar corner of the city by replacing the long-standing Bandley Center with a residential community. San Ramon-based SummerHill Homes has submitted a preliminary application for the development of 27 townhomes on a 1.55-acre site located at 10268 Bandley Drive. The three-story townhomes would bring a mix of modern residences to Cupertino, with plans including five moderately affordable units and 59 parking spaces. Most of the parking wou

Asia-Pacific markets on Tuesday opened on a cautious note, largely mirroring the overnight declines seen on Wall Street as investors turned their attention toward the upcoming United States Federal Reserve meeting. The Fed gathering is expected to provide more clarity on the central bank’s stance on interest rates and inflation, which has been a driving factor for global equity markets over the past months. Alongside monetary policy concerns, global inves

In a world where communication knows no borders, accurate and natural language translation has become more important than ever. DeepL, a cutting-edge AI-powered translation platform, is redefining the way people and businesses interact across languages. Unlike many traditional translation tools, DeepL focuses on context, tone, and nuance, producing translations that sound natural to native speakers. This approach has made it a preferred choice for professionals, global companies, and individu

The United States remains one of the top destinations for skilled professionals worldwide, especially for Indian job seekers. With its diverse job market, ample opportunities in technology, business, healthcare, and more, many Indians are making the move to the US in search of better career prospects. But the big question is: What’s the best route to gain the right skills and qualifications to land a job in the US quickly? While traditional college degrees have been the stan

Intel’s stock took a notable hit on Thursday after President Donald Trump publicly called for the resignation of Intel’s CEO, Lip-Bu Tan. The statement has intensified the spotlight on Intel’s leadership and its potential ties to foreign entities, particularly Chinese technology firms, as the U.S. continues to grapple with rising national security concerns surrounding global tech investments. In a social media post, President Trump declared that “The CEO of

In 2025, the world of work is evolving rapidly, and building a successful career requires more than just technical expertise. Adapting to changes in technology, work culture, and personal development is crucial to staying ahead in today’s professional world. Here are key strategies to help you navigate the future job market and build a thriving career. 1. Upskill Regularly As industries transform due to technological advancements, continuous learning is essenti

Palantir Technologies has reported a record-breaking quarter, surpassing Wall Street expectations and crossing the $1 billion revenue mark for the first time. The artificial intelligence software provider posted earnings of 16 cents per share, beating the expected 14 cents, with revenue hitting $1 billion compared to analyst estimates of $940 million. Shares of the company rose more than 5% following the announcement, reflecting strong investor confidence in its accelerated growth. The compan

Tensions are mounting in Switzerland as the deadline to secure a crucial trade agreement with the United States approaches rapidly. Without a breakthrough, Swiss exports to the U.S. will face a punitive 39 percent duty, one of the highest tariff rates imposed under U.S. President Donald Trump’s recent trade policy changes. The surprise announcement of these tariffs last week sent shockwaves through the Swiss business community, which had believed an agreement was close to finalization.