The promise of AI — millions of jobs created or destroyed?
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Adobe stock jumps as AI agent push aims to fend off rising competition
Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an increasingly competitive software landscape. The stock climbed about 2.49% to $250.53, outperforming a broader market decline that saw
Tesla stock slips 2% on Monday after last week’s rally: here’s why
Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets. The move came as investors turned cautious ahead of the company’s first-quarter earnings report and awaited updates on its artificial intelligence strategy. The stock’s decline came even as
Tube strike chaos piles fresh pressure on London’s beleaguered night-time economy
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Eli Lilly to acquire Kelonia in $7 billion cancer therapy push
Eli Lilly said on Monday it will acquire privately held Kelonia Therapeutics in a deal worth up to $7 billion, as the drugmaker deepens its presence in next-generation cancer treatments. The agreement includes an upfront payment of $3.25 billion, with additional
From record inflows to 12% drawdown, what went wrong for Europe?
Three months ago, European investors were pouring money into the continent's stock markets at a record pace, betting that years of underperformance were finally coming to an end. The euro was strong, defence stocks were surging, and the valuation gap
Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip
Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting rally last week. The Dow Jones Industrial Average gained 28 points, while the S&P 500 slipped 0.17% and
Identiv broadens ID-Safe NFC tags with tamper evidence and encrypted authentication for connected packaging
By Marc Kavinsky, Lead Editor at IoT Business News. Identiv has expanded its ID-Safe range of HF/NFC tags, adding more tamper-evident and tamper-proof configurations aimed at product authentication, interference detection, and lifecycle traceability using standard NFC readers and smartphones. In connected packaging,