Finance

Subaru has slashed its profit forecast for the current fiscal year as U.S. tariffs, worthless emissions credits, and a slowing EV market deliver a financial hit the company is scrambling to contain.

A $10 billion joint venture backed by 19 investors signals that the AI lab is pivoting from model provider to embedded operating partner.

Japan's second-largest automaker swings to a projected operating loss as tariffs, a semiconductor supply crisis, and a recalibrated EV strategy converge into one of the worst fiscal years in its history.

Andreessen Horowitz's crypto arm bets big on blockchain infrastructure while Bitcoin trades 35% below its October high. Is the smart money seeing something the market isn't?

The Y Combinator-backed carrier now offers modular coverage for AI hallucinations, algorithmic bias, and autonomous agent failures as traditional insurers retreat from AI risk.

Ryan Cohen's $125-per-share bid would combine a shrinking retailer with a marketplace four times its size, promising $2 billion in cost cuts and a collectibles-first strategy.

The 175-year-old money transfer company just launched its own dollar-backed stablecoin, joining PayPal and Fiserv on Solana as legacy finance races to own the rails.

The company that built one of the world's most efficient logistics networks is now renting it out. Amazon Supply Chain Services launches today, bringing enterprise-grade fulfillment to any business, regardless of size or industry.

Bitcoin climbed to $78,800 over the weekend as spot ETF inflows hit $630 million on May 1 and a potential Iran ceasefire eased geopolitical pressure on risk assets.

The ultra-low-cost carrier ceased operations early Saturday morning after bailout talks with the Trump administration collapsed. Jet fuel prices and creditor disputes sealed its fate.

Cuby Technologies' Mobile Micro-Factory approach turns construction into manufacturing by deploying distributed, portable factories that produce kit-of-parts homes using unskilled labor.

Block's Cash App is testing a proximity payment feature that lets users send money to people nearby using only Bluetooth, a move that echoes founder Jack Dorsey's recent work on decentralized mesh networking.

With April 30th marking the final day of the month, X Money's launch window is closing fast. Whether Musk delivers remains anyone's guess.

Tesla's Q1 2026 filing confirms its Bitcoin stash remains untouched at 11,509 BTC, now sitting on nearly $500 million in unrealized profit as the company commits $25 billion to AI and robotics.

The compensation plan requires SpaceX to establish a permanent settlement with at least one million people on Mars. No CEO incentive has ever hinged on goals this far outside Earth's atmosphere.

The pieces for X's long-promised payments layer are all in place. Today's date is on-brand for Musk. Here's what would actually change if it ships.

The world's most critical oil chokepoint is open again. The ripple effects will hit far beyond energy.

Elon Musk's payments app launches this month. But who's building the rails underneath?

The sustainable sneaker maker is selling its footwear business and rebranding as NewBird AI to buy GPUs. The pivot raises more questions than it answers.

X launches real-time stock and crypto data directly in the app, letting users track prices and sentiment without leaving their feed.

The acquisition gives Project Kuiper ground infrastructure and spectrum rights that would have taken years to build from scratch.

The chipmaker's record quarter reveals both the staggering economics of AI infrastructure and the fragility of global supply chains.

Circle’s $1.1 billion IPO priced at $31 but rocketed 168% on day one, signalling deep investor appetite and a new level of maturity for the stablecoin sector.

Sweden’s retreat from a fully cashless economy isn’t a failure—it’s a lesson. When centralized systems break, we need payment infrastructure that’s offline-capable, peer-to-peer, and trustless. Crypto fits the bill—but only if we design for resilience first.

Retail buyers aren’t celebrating the 90‑day tariff truce—they’re clearing shelf space and booking every container they can find. The moment duties dropped to a “mere” 30 %, the playbook snapped into place: lock holiday POs now, flood West Coast ports by July, and sit on a mountain of inventory so August politics can’t torch Q4. In trade‑war math, a warehouse full of goods is cheaper than a single day of uncertainty.