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Musk’s Net Worth Plummeted by $34 Billion
Posted in Business

Musk’s Net Worth Plummeted by $34 Billion

Estimated read time 1 min read
Posted on June 7, 2025
by Joelgalvan

Elon Musk’s net worth tumbled on Thursday as a bitter dispute erupted between him and President Donald Trump. Musk’s net…

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‘US is not the victim…’: GTRI founder says India fuels a hidden $40 billion American surplus
Posted in Business

‘US is not the victim…’: GTRI founder says India fuels a hidden $40 billion American surplus

Estimated read time 2 min read
Posted on June 6, 2025
by Joelgalvan

India isn’t bleeding the U.S. economy—it’s feeding it, says Ajay Srivastava, founder of the Global Trade Research Initiative, who argues…

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Amazon to invest $10 billion in North Carolina to expand cloud, AI infrastructure
Posted in Business

Amazon to invest $10 billion in North Carolina to expand cloud, AI infrastructure

Estimated read time 2 min read
Posted on June 6, 2025
by Joelgalvan

(Reuters) -Amazon.com is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in…

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Anduril secures $30.5 billion valuation in latest fund raise
Posted in Business

Anduril secures $30.5 billion valuation in latest fund raise

Estimated read time 1 min read
Posted on June 5, 2025
by Joelgalvan

By Utkarsh Shetti (Reuters) -Defense technology startup Anduril Industries has clinched a valuation of $30.5 billion in its latest funding…

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Toyota to take key supplier private in $33 billion deal
Posted in Business

Toyota to take key supplier private in $33 billion deal

Estimated read time 3 min read
Posted on June 3, 2025
by Joelgalvan

TOKYO (Reuters) – Toyota Motor will take forklift-maker Toyota Industries private in a $33 billion deal, the companies said on…

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Applied Digital and CoreWeave ink 15-year lease worth $7 billion
Posted in Business

Applied Digital and CoreWeave ink 15-year lease worth $7 billion

Estimated read time 2 min read
Posted on June 3, 2025
by Joelgalvan

Applied Digital said on Monday it has entered into two 15-year leases with CoreWeave, a specialized cloud services provider backed…

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Sanofi to buy US biopharma group Blueprint for up to $9.5 billion
Posted in Business

Sanofi to buy US biopharma group Blueprint for up to $9.5 billion

Estimated read time 3 min read
Posted on June 3, 2025
by Joelgalvan

By Dominique Patton and Geert De Clercq PARIS (Reuters) -France’s Sanofi has agreed to buy U.S.-based Blueprint Medicines Corporation for…

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HSBC to inject $4 billion into its private credit funds
Posted in Business

HSBC to inject $4 billion into its private credit funds

Estimated read time 2 min read
Posted on June 3, 2025
by Joelgalvan

By Iain Withers and Lawrence White LONDON (Reuters) -Europe’s biggest bank HSBC will inject $4 billion into its private credit…

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GIFT Nifty hits record monthly turnover of $102.35 billion in May 2025
Posted in Business

GIFT Nifty hits record monthly turnover of $102.35 billion in May 2025

Estimated read time 2 min read
Posted on June 1, 2025
by Joelgalvan

GIFT Nifty, the flagship derivative contract traded on NSE International Exchange (NSE IX) at GIFT City, posted its highest-ever monthly…

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Anthropic hits $3 billion in annualized revenue on business demand for AI
Posted in Business

Anthropic hits $3 billion in annualized revenue on business demand for AI

Estimated read time 3 min read
Posted on June 1, 2025
by Joelgalvan

By Anna Tong, Jeffrey Dastin SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue,…

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