Economy

Economy
Economy

Tesla stock dives 4% as Q1 deliveries fail to meet expectations

Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles. Breaking down the figures, Tesla produced 394,611 units of its Model 3

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Economy

Ukraine drone strikes hit 40% of Russia Primorsk oil storage: report

Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at

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Economy

GM stock falls as Q1 sales slump, high rates and gas weigh demand

Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs. The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a 9.7% decline from a

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Economy

Google faces pressure as experts urge banning AI videos for young users

Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value

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Economy

Aether, OORT partner to build core data infrastructure for financial AI

Aether Holdings, Inc. (Nasdaq: ATHR), a financial technology holding company focused on data-driven platforms and media assets for investors, announced the formation of Aether DataHub, LLC, a joint venture with OORTech Inc. (OORT), a decentralised AI data cloud company. OORT provides a distributed, community-driven platform for large-scale data collection, labelling, and validation. The move comes

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