Key Takeaways Entrepreneurs are tapping into vibe coding and flooding the App Store with AI-generated apps. Vibe coding is the process of describing an idea to an AI tool in plain English and watching it create a custom app. It remains unclear if vibe coding is revitalizing the App Store ecosystem or simply adding to […]
Listen to the audio version of this article (generated by AI). Legend has it that Marco Polo once stood in the court of Kublai Khan and watched the night sky explode. Fire arrows streaked through the darkness. Explosions cracked across the palace grounds. Strange devices skittered along the floor, spitting sparks in every direction. To […]
BNPL provider Affirm (NASDAQ: AFRM) has deepened its collaboration with Amazon to introduce installment payment options directly on the Amazon Business platform. This move allows eligible business owners to spread the cost of qualifying purchases over time, enhancing cash flow management and purchasing capacity without the complexities often associated with traditional business credit. Amazon Business […]
ESPN is undergoing a significant round of layoffs for the first time in three years after taking over NFL Network in April. Chairman Jimmy Pitaro said in a memo to employees Tuesday morning, obtained by The Associated Press, that most moves are the result of ESPN’s acquisition of NFL Network and other league digital assets […]
Intuitive Surgical (ISRG 0.95%) delivered its second-quarter earnings report last week. It crushed the average analyst bottom-line estimate for profitability and edged past the consensus for revenue. Why, then, was the stock punished by a concentrated investor sell-off that it hasn’t yet recovered from? Here’s a look at the quarter and — more importantly — […]
With the July 31 deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2026-27 approaching, the Central Board of Direct Taxes (CBDT) has strengthened the Income Tax Department’s e-filing portal to ensure taxpayers can file returns without disruption during the peak filing period. In a written reply to the Lok Sabha on July […]
The US Securities and Exchange Commission (SEC) has taken legal action against a Florida man and his associated business for their alleged involvement in a substantial cryptocurrency mining fraud that targeted hundreds of investors. According to the regulator, the scheme raised around $22 million by luring participants with assurances of steady, guaranteed monthly profits from […]
An industry group representing 25 of the UK’s largest retail investment platforms has welcomed government proposals to simplify pension transfers. However, it has warned that one key recommendation could create confusion and delays. The UK Platform Group (UKPG) said it supports several measures in the Department for Work and Pensions’ (DWP) latest consultation on pension […]
Capital markets regulator Sebi on Tuesday directed depositories to put in place an operational framework and necessary system enhancements by August 1 to implement the newly introduced mechanism for freezing promoter holdings at the ISIN level during share buybacks. In a circular, Sebi asked depositories to issue operational guidelines covering the implementation of the ISIN-level […]
VettaFi Director of Research Cinthia Murphy appeared on CNBC’s ETF Edge to discuss second-quarter earnings, thematic ETFs, and sector trends. Key Takeaways Increased capital expenditures into AI infrastructure is lifting the broader market, with the earnings gap between the Magnificent Seven and the rest of the S&P 500 narrowing as growth spreads beyond the tech […]