Exxon Mobil Corp achieved fourth-quarter 2025 earnings that narrowly surpassed Wall Street expectations, largely fueled by robust results in its refining segment and all-time high output from significant growth assets. Despite this strong quarter, the energy behemoth’s overall profit for the full year decreased compared to 2024, primarily due to the adverse effects of depressed
Japan has joined a growing list of countries scrutinising X over Elon Musk’s artificial intelligence service Grok and concerns that the chatbot can be used to create and spread sexualised images of people without their consent. The development adds new pressure on the social media platform as regulators worldwide step up checks on AI tools
Tesla stock (NASDAQ: TSLA) has fallen into the red on Friday as investors trim positions ahead of the automaker’s Q4 2025 earnings report scheduled for January 28 after market close. The stock has drifted lower this week on profit-taking concerns, driven by a confluence of near-term questions about vehicle volumes, margins, and Tesla’s strategic shift
Elon Musk escalated a very public brawl with Ryanair this week into takeover territory, floating the idea of buying Europe’s largest budget airline after the carrier rejected his Starlink in-flight Wi-Fi system. The online spat began on January 16, when Musk called Ryanair CEO Michael O’Leary an “utter idiot,” polled his X followers on whether
Elon Musk’s SpaceX has begun lining up senior roles at four major Wall Street banks as it races toward a potentially record-breaking initial public offering. As per a Financial Times report, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are being positioned for lead underwriting roles in what would rank as one of
The World Economic Forum’s 56th annual meeting concluded Friday evening in Davos with a sobering realization that the international order that governed global finance and politics since World War II seems dead. What emerged over those five days is a world fragmenting into competing power blocs, with technological disruption arriving faster than anyone expected. The
The European Union has opened a formal investigation into Elon Musk’s social media platform X over concerns that its Grok artificial intelligence chatbot may have generated deepfake images that “may amount to child sexual abuse material.” The European Commission said the probe will assess whether X complied with its obligations under the bloc’s Digital Services
Tesla stock (NASDAQ: TSLA) eased lower on Monday as investors braced for a make‑or‑break earnings week that will test whether Elon Musk’s big autonomy promises really deliver. The stock traded down roughly 3%, well below its mid‑December peak near $490, even as the S&P 500 and Nasdaq inched higher ahead of a key Federal Reserve
Europe opened the week in a wary holding pattern, with the FTSE 100 flat as industrial and travel names slid on fresh tariff threats and Iran sanctions, even as metal miners rallied to record highs. Trade geopolitics stayed front and centre after India and the EU sealed a long-awaited free trade pact to counter protectionist
Tesla (NASDAQ: TSLA) reports Q4 2025 earnings on January 28, and Wall Street has already bracing for tough numbers. The consensus estimates expect the revenue to fall 3.6% to $24.5 billion, while profit per share could tumble 40% to $0.44, reflecting a 15.6% drop in vehicle deliveries. The numbers look brutal as Tesla’s auto business