Microsoft’s Xbox division is reportedly preparing significant layoffs and budget cuts as new CEO Asha Sharma begins a broad reset of the gaming business. The layoffs are reportedly expected after Microsoft’s fiscal year ends on June 30, though the scale has not been disclosed. CEO Asha Sharma has described the business as “not in a … Read more
In Q1, the company reported net sales of $3.36 billion, up 7.7%, and adjusted earnings per share of $0.43, both in line with consensus estimates. Morgan Stanley maintained an ‘Overweight’ rating but lowered its target. Bank of America kept a ‘Buy’ rating despite trimming its target, still viewing Chewy as a durable long-term grower. Piper … Read more
President Donald Trump threatened to strike Iran again after negotiations were taking “too long.” The S&P 500 and the Nasdaq 100 fell 1.6% and 2%, respectively, while the Dow Jones lost 1.9%. Super Micro (SMCI) shares dropped amid plans to raise $7 billion through equity offerings. Trump wrote on Truth Social that Iran had “taken … Read more
Union Minister Hardeep Singh Puri hailed PM Modi’s 12-year tenure, stating it will be ‘written in golden letters’. He added that the next 12 years under Modi’s leadership will lay the foundation for a developed and self-reliant India. Puri: Next 12 Years Under PM Modi to Build Developed India Union Petroleum and Natural Gas Minister … Read more
Uttarakhand CM Pushkar Singh Dhami praised PM Modi’s leadership at the NDA Conclave. He said the PM’s vision energises nation-building. The Uttarakhand govt has also announced free bus travel for state residents appearing for the NEET 2026 re-exam. CM Dhami Hails PM Modi’s Leadership at NDA Conclave Uttarakhand Chief Minister Pushkar Singh Dhami said that … Read more
Bodies of six Naga men, missing since May 13, were brought to an Imphal mortuary. The Liangmai Naga Council expressed shock and disappointment, while Nagaland CM Neiphiu Rio condemned the killings. Police have recovered the remains after a search. The bodies of six Naga men, who had been missing since May 13 after being allegedly … Read more
Multiple social media users confirmed they received their vehicles in the past few days. The milestone comes about 2.5 years after Tesla’s first Cybertruck deliveries and more than six years after the vehicle’s dramatic unveiling. Tesla launched the $59,990 variant for a limited period in February. It allowed potential buyers to order the low-priced trim … Read more
Oracle reported Q4’26 earnings at $2.11 per share, beating estimates of $1.96 per share. Oracle Q4 cloud revenue increased 47% to $9.9 billion, driven by 93% growth in Cloud Infrastructure, and 10% growth in Cloud Applications business. But Q4 revenue from the legacy software business dropped 2% to $6.8 billion. Oracle was awarded a nearly … Read more
Bill Gates testified before the House Oversight Committee, calling his association with Jeffrey Epstein a ‘grave error in judgment.’ He expressed regret but insisted he never witnessed criminal conduct and supported the release of all Epstein files. Microsoft co-founder Bill Gates on Wednesday told the House Oversight Committee that his association with Jeffrey Epstein was … Read more
Nagaland CM Neiphiu Rio and Manipur CM Khemchand Yumnam condemned the brutal killing of six Naga men in Manipur. Their mortal remains were recovered after they were abducted in May. The case is now being investigated by the NIA. Nagaland CM Condemns ‘Heinous Act’ Nagaland Chief Minister Neiphiu Rio expressed grief over the recovery of … Read more