Author : Rokith Kumar

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Business & MergersTechnology

Tesla Cybercab Faces NHTSA Probe After Austin Launch

Rokith Kumar
Summary  U.S. safety regulators have opened a formal audit into Tesla’s Cybercab, a two-seat robotaxi with no steering wheel, pedals or mirrors, just days after...
Business

Aggreko Files for NYSE IPO Amid Data Center Power Boom

Rokith Kumar
Summary Aggreko, the Glasgow-based temporary power provider, has filed to go public on the New York Stock Exchange under the ticker AGKO, five years after...
Economy

Gold Prices Near Record Highs Amid Fed Rate Uncertainty

Rokith Kumar
Summary Gold prices remain near record levels, trading close to $4,400 an ounce, as investors balance expectations of a Federal Reserve rate move against persistent...
Artificial IntelligenceTechnology

OpenAI Rolls Out GPT-6 Astra to ChatGPT Subscribers

Rokith Kumar
Summary  OpenAI has started extending access to its newest model, GPT-6 Astra, to Plus, Pro, Business and Enterprise ChatGPT subscribers as well as its API,...
BusinessStartups & Funding

Bear Robotics Nasdaq IPO Buzz Lifts LG Electronics Stock

Rokith Kumar
Summary Shares of LG Electronics jumped more than 8% this week on reports that its majority-owned robotics unit, Bear Robotics, is preparing a pre-IPO funding...
Business & MergersInsurance

Aon Buys USI Insurance From KKR for $17B

Rokith Kumar
Summary Global insurance broker Aon has agreed to acquire USI Insurance Services from private equity firm KKR in an all-cash deal worth roughly $17 billion....
Artificial IntelligenceStartups & Funding

Crusoe Raises $3 Billion at $30 Billion Valuation | AI Cloud

Rokith Kumar
Summary Cloud-computing and data-center developer Crusoe has closed a funding round of more than $3 billion, underscoring investors’ continued appetite for the physical infrastructure powering...
Global EconomyMonetary Policy

August Jobs Report Boosts Fed Rate Hike Odds 2026

Rokith Kumar
Summary The US economy added a much stronger-than-expected 162,000 jobs in August, keeping unemployment steady at 4.1% and reinforcing bets that the Federal Reserve will...
Energy MarketsGlobal Economy

US-Iran Tanker Strikes Spark Oil Price Surge | 2026

Rokith Kumar
Summary The United States and Iran exchanged their heaviest tanker strikes yet over the weekend, driving oil prices higher and unsettling markets already jittery over...
BusinessTechnology

Microsoft’s Azure Hits $101.9B as AI Reshapes Its Business

Rokith Kumar
Summary Microsoft has disclosed Azure’s full-year revenue for the first time, revealing $101.9 billion in sales as the company overhauls its financial reporting structure to...