The artificial intelligence industry spent months anticipating OpenAI’s first hardware product. However, it was reported Tuesday (July 14) that the screenless consumer companion developed with former Apple designer and io Co-Founder Jony Ive is still under development and will not ship before 2027. The next day, OpenAI released its actual first hardware product. It’s not…
It was a wild two days for Lucid (LCID +8.57%) shareholders. On Tuesday, a report from an electric vehicle blog, citing two unnamed sources, claimed the luxury EV maker had brought in consulting firm AlixPartners to weigh a Chapter 11 bankruptcy filing or a take-private deal. Shares lost more than half their value at Tuesday’s…
Key Points It’s never good when a CEO admits, “This quarter we faltered.” But that’s the situation facing International Business Machines (NYSE: IBM) this week, as CEO Arvind Krishna made the rare acknowledgment in a letter to shareholders. Krishna’s acknowledgment came as IBM issued preliminary earnings results for the second quarter, warning that sales were…
The rupee gained 14 paise to 96.28 against the US dollar in early trade on Friday buoyed by positive sentiments at the domestic equity markets. However, heavy FII outflows and higher global crude oil prices amid heightened tensions in West Asia prevented further gains in the local unit, forex traders said. At…
National multifamily net absorption reached its fifth-highest quarterly total in nearly 25 years, even as median asking rents continued to decline. Net absorption across the country hit 124,600 units in the second quarter, up 8% year-over-year, according to a report from Cushman & Wakefield. Vacancy also fell below 9% for the first time since 2024, with…
Mortgage rates hit highest levels since last August, weakening purchase demand – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social…
Shares of CEAT sharply plunged more than 9% on Friday after the tyre-maker reported a whopping 96% year-on-year (YoY) decline in its consolidated net profit to Rs 4 crore for the April-June quarter of FY27. The shares of the company plunged to Rs 3,471.10 apiece on NSE on Friday. If the stock manages to hold…
Gold — the commodity most investors associate with the category — doesn’t currently appear at all in one broad commodities fund’s portfolio. Refined fuel contracts top the lineup instead. Key Takeaways: Commodities rallied 24.4% in Q1 2026, and advisors are using them to diversify beyond stocks and bonds. Four broad commodities ETFs pick holdings differently, from…
In the labor market, life sciences hubs continue to rely on talent to drive innovation. According to Cushman & Wakefield’s 2026 Life Sciences Labor Dynamics Across Key U.S. Markets report, labor is also essential for site selection. Report authors Sandy Romero (Head of Office & Alternatives) and Maggie Tillotson (Senior Research Analyst) told Connect CRE…
A practical checklist to help Australian small business owners close the 2025–26 financial year in good shape and prepare for what’s changing on 1 July. In addition to the usual EOFY tasks, this year brings two changes Australian small businesses need to plan around. Payday Super starts on 1 July 2026, and the ATO’s Small…