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Apollo to hold an 49% equity interest stake in the joint venture.

Tesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show.

British American Tobacco maintained its 2024 guidance of low-single-digit organic revenue growth as it reported performance for the first half of the year in line with its expectations.

Nvidia isn’t the only one benefitting from bullish sentiment on AI — other tech names also got a boost, leading the Nasdaq to close at a record high on May 24.

Bitcoin miner Core Scientific is expanding its AI business through a $3.5 billion partnership with cloud company CoreWeave.

Google’s cloud unit has been among its fastest-growing businesses, but it’s not immune from the companywide job cuts.

Microsoft is investing billions to put in place graphics processing units for generative artificial intelligence. It’s slowing investment in other areas.

X will now officially allow not-safe-for-work content on its platform.

The chasm between executive compensation and pay for workers widened in 2023, when average employees saw meager gains.

“When it comes to body image and exercise, our social and family network can be either a protective factor or a risk factor.”