top of page
Search


Spotify Slaps 9% Price Hike on Subscribers
Spotify has announced a €1 increase for customers on its individual Premium plan, effective September 2025.

By The Financial District
Aug 9, 20251 min read


Rheinmetall Secures €770-M Order from German Army
Germany’s armed forces, the Bundeswehr, have placed an order with Rheinmetall for around 1,400 military logistics vehicles, valued at €770 million.

By The Financial District
Aug 8, 20251 min read


Berkshire Takes $3.8-B Kraft Heinz Write-Down
Warren Buffett's Berkshire Hathaway has announced that it took a $3.76 billion write-down on its stake in Kraft Heinz during the second quarter — a clear acknowledgment that the decade-old investment has not panned out.

By The Financial District
Aug 8, 20251 min read


Carvana’s 10,000% Rally Deals $70-B Blow to Shorts
Carvana Co.’s shares hit an all-time high this week — rising more than 10,000% from their late-2022 low — delivering a staggering blow to investors betting against the online used-car dealer.

By The Financial District
Aug 8, 20251 min read


Microsoft Embeds Copilot into Its Browser
Microsoft is embedding its AI assistant deeper into its browser, combining Copilot and Edge search into a single text box that can read information across browser tabs.

By The Financial District
Aug 7, 20251 min read


Nissan Loses ¥115.76 Billion In Q2 Due To U.S. Tariffs
Nissan Motor Co. has reported a net loss of ¥115.76 billion ($780 million) for the April–June quarter, attributing the downturn to U.S. auto tariffs.

By The Financial District
Aug 7, 20251 min read


Walmart Tops Global 500 Revenue List
Walmart has once again claimed the top spot in Fortune’s latest Global 500 ranking.

By The Financial District
Aug 7, 20251 min read


Brazil Beef-Packers Say They’ll Lose $1B If U.S. Tariffs Apply
Brazil’s beef-packing industry could face $1 billion in losses if the United States imposes a 50% tariff on Brazilian beef exports, according to Abiec, a trade group representing major firms like JBS and Marfrig.

By The Financial District
Aug 7, 20251 min read


Samsung Is Best Positioned to Compete With TSMC
Samsung—not Intel—is best positioned to emerge as the world’s leading alternative to Taiwan Semiconductor Manufacturing Co. (TSMC).

By The Financial District
Aug 7, 20251 min read


Palo Alto Networks Could Acquire Israel’s CyberArk
Palo Alto Networks is reportedly in talks to acquire an Israeli cybersecurity company in what could become one of the biggest tech deals of the year.

By The Financial District
Aug 6, 20251 min read


Daniel Ek Isn’t Happy with Spotify’s Ad Business
Spotify shares dropped more than 10% after the audio streaming giant released its second-quarter financial results.

By The Financial District
Aug 6, 20251 min read


EU Scores Temu For Neglecting to Protect Consumers
The European Union (EU) has criticized Chinese retailer Temu for being negligent in protecting consumers from dangerous products, accusing the company of treating safety and regulatory requirements in a cavalier fashion.

By The Financial District
Aug 6, 20251 min read


Figma Raises Potential Value of Its US IPO To $1.2 Billion
Figma has increased the potential size of its US initial public offering to $1.2 billion, as the app design and collaboration software company nears what could be one of the biggest listings of the year.

By The Financial District
Aug 6, 20251 min read


Sony to Take Stake in Bandai Namco in Anime Deal
Sony Group Corp. will take a 2.5% stake in major Japanese toymaker Bandai Namco Holdings Inc. for 68 billion yen ($464 million) as the two companies join forces in the anime business.

By The Financial District
Aug 6, 20251 min read


BP Finds Major Oil, Gas Field Off Brazil
BP has announced that it has made its largest oil and gas discovery in 25 years in Brazil's Santos Basin—a so-called pre-salt area in deep water offshore believed to hold vast reservoirs of oil and gas.

By The Financial District
Aug 5, 20251 min read


GSK Reports Improved Outlook Despite U.S. Drug Tariffs
British pharmaceutical giant GlaxoSmithKline (GSK) has raised its 2025 financial outlook, citing strong second-quarter performance in cancer drug sales—despite facing new U.S. tariffs.

By The Financial District
Aug 5, 20251 min read


Trump Organization To Cut More Deals In Abu Dhabi
The Trump Organization has yet to formally announce any deals in Abu Dhabi, but signs strongly suggest it is planning to enter the capital of the United Arab Emirates.

By The Financial District
Aug 5, 20251 min read


Allianz Admits Most U.S. Customer Data Stolen in Cyber-Attack
Hackers have stolen the personal information of a majority of Allianz Life Insurance Co.’s 1.4 million customers in North America.

By The Financial District
Aug 5, 20251 min read


Boeing Defense Union Strikes After Nearly 30 Years
Workers at Boeing Co.’s St. Louis-area defense factories are striking for the first time in nearly three decades after union members rejected the company’s modified contract offer.

By The Financial District
Aug 5, 20252 min read


Tesla Not In The Pink Of Financial Health
Tesla reported its worst revenue decline in more than a decade, as Elon Musk’s political activity continues to weigh on investor sentiment.

By The Financial District
Aug 5, 20251 min read


Musk Says Tesla Car Owners Can Add Their Vehicles To His Robotaxi Network
Owners of Tesla cars will be able to add their vehicles to the company’s robotaxi network sometime next year, Elon Musk said during Tesla’s latest quarterly earnings call.

By The Financial District
Aug 4, 20251 min read


Orange Juice Importer Sues Trump Over Brazil Tariffs
President Donald Trump’s tariffs on Brazil could push up the cost of orange juice at major American supermarkets like Aldi, Walmart, and Wegmans by as much as 25%.

By The Financial District
Aug 4, 20251 min read


Microsoft Tops $4-T Market Cap
Microsoft’s market capitalization officially surpassed $4 trillion on Thursday, making it the second company—after Nvidia—to reach the milestone.

By The Financial District
Aug 4, 20251 min read


CoreWeave Soars After Microsoft Reports Higher CapEx
CoreWeave shares surged more than 12%, buoyed by strong earnings reports from two of its largest customers—Microsoft and Meta.

By The Financial District
Aug 3, 20251 min read
bottom of page





![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)