latest news in companies

Alphabet Shares Decline Sharply as Soaring Energy Costs Threaten Artificial Intelligence Operations

Alphabet Shares Decline Sharply as Soaring Energy Costs Threaten Artificial Intelligence Operations

New York, Wednesday, 25 March 2026.
Alphabet stock has dropped nearly 15 percent from recent highs, driven by surging global energy prices that threaten the profitability of its massive artificial intelligence data centers.

Boston Scientific Faces Class Action Lawsuit Over Misleading Growth Projections

Boston Scientific Faces Class Action Lawsuit Over Misleading Growth Projections

Marlborough, Wednesday, 25 March 2026.
Boston Scientific faces a class action lawsuit for allegedly hiding unsustainable growth rates, a revelation that previously triggered a massive 17.6% stock drop and erased significant investor value.

Twin Vee Marks Production Milestone with First Bahama Boat Delivery

Twin Vee Marks Production Milestone with First Bahama Boat Delivery

Fort Pierce, Wednesday, 25 March 2026.
Just a day after securing a $2.5 million capital raise, Twin Vee successfully delivered its first 10.6-meter Bahama vessel, proving its operational strength in the competitive marine market.

Meta Faces $375 Million Penalty After Landmark Child Safety Verdict in New Mexico

Meta Faces $375 Million Penalty After Landmark Child Safety Verdict in New Mexico

Santa Fe, Wednesday, 25 March 2026.
Meta must pay a historic $375 million after a New Mexico jury found executives knowingly ignored internal warnings, exposing young users to predators to protect engagement-driven profits.

Blackstone Makes Inaugural Sports Investment with $1.78 Billion Acquisition of Royal Challengers Bengaluru

Blackstone Makes Inaugural Sports Investment with $1.78 Billion Acquisition of Royal Challengers Bengaluru

Bengaluru, Wednesday, 25 March 2026.
Marking its first professional sports investment, Blackstone led a consortium to buy defending cricket champions Royal Challengers Bengaluru for $1.78 billion, underscoring skyrocketing international franchise valuations.

Stephen Colbert Tapped to Co-Write Next 'Lord of the Rings' Film

Stephen Colbert Tapped to Co-Write Next 'Lord of the Rings' Film

Burbank, Wednesday, 25 March 2026.
Departing late-night host Stephen Colbert will co-write the next Lord of the Rings film, adapting previously unused Tolkien chapters to uncover secrets fourteen years after Frodo’s departure.

SpaceX Prepares to File for Historic $75 Billion Public Offering

SpaceX Prepares to File for Historic $75 Billion Public Offering

Hawthorne, Wednesday, 25 March 2026.
SpaceX is preparing to file a historic public offering this week. Seeking a record $75 billion, the landmark listing may allocate an unusually high 20% to everyday investors.

Intuitive Machines Secures $180 Million NASA Contract for Lunar South Pole Mission

Intuitive Machines Secures $180 Million NASA Contract for Lunar South Pole Mission

Houston, Tuesday, 24 March 2026.
Intuitive Machines won a $180.4 million NASA contract to deliver international rovers to the lunar south pole, debuting a new cargo-class lander and driving shares up nearly 14%.

Epic Games Cuts Over 1,000 Jobs to Combat Declining Fortnite Revenues

Epic Games Cuts Over 1,000 Jobs to Combat Declining Fortnite Revenues

Cary, Tuesday, 24 March 2026.
To offset financial losses from declining player engagement, Epic Games is cutting over 1,000 jobs and retiring experimental Fortnite modes, signaling broader economic pressures across the gaming industry.

Circle Shares Slide as Looming US Yield Restrictions Overshadow European Expansion Push

Circle Shares Slide as Looming US Yield Restrictions Overshadow European Expansion Push

New York, Tuesday, 24 March 2026.
Circle’s stock plunged today despite its push for European regulatory clarity. Investors are instead reacting to looming US legislation that threatens to ban lucrative stablecoin yield offerings entirely.