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Monday, August 11, 2025
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CrowdStrike shares set to extend losses as outage effects linger

(Reuters) - Shares of CrowdStrike fell 5% in premarket trading on Monday, extending their streak of losses, after several analysts downgraded the stock on concerns over the financial fallout from the

Delta cancels another 600 flights on Monday in wake of cyber outage

By David Shepardson (Reuters) - Delta Air Lines canceled more than 600 flights on Monday, as the U.S. air carrier continued to struggle to restore operations after last week's global cyber outage,

Verizon misses quarterly revenue estimates on slow phone upgrades

(Reuters) -Verizon Communications missed quarterly revenue estimates on Monday due to slow phone upgrades in the United States, taking the shine off strong growth in wireless subscribers and sending

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

By Akash Sriram (Reuters) - Tesla's second-quarter margin hit a more than five-year low, the electric vehicle maker is likely to report on Tuesday, and its CEO Elon Musk is expected to double down on

Verizon’s customizable plan drives more subscriber additions than expected

(Reuters) - Verizon Communications added more wireless subscribers than expected in the second quarter, it reported on Monday, boosted by strong demand for its flexible plans that also have streaming

Tesla to have humanoid robots for internal use next year, Musk says

(Reuters) - Tesla will have "genuinely useful" humanoid robots in low production for the company's internal use next year and possibly high production for other companies in 2026, CEO Elon Musk said

Hong Kong to launch Asia’s first inverse bitcoin ETF

By Summer Zhen HONG KONG (Reuters) - Asia's first inverse bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday. Hong

Ladbrokes owner Entain names former Scientific Games chief Gavin Isaacs as CEO

(Reuters) -Ladbrokes owner Entain on Monday named Gavin Isaacs, former CEO of betting group Scientific Games, as its new boss, aiming to bring stability to the British gambling company at a time when

Ocado boosted as partner Kroger orders new automated technologies

By James Davey LONDON (Reuters) -British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new automated technologies to roll

South Korea court to decide on arrest warrant for Kakao founder

SEOUL (Reuters) - A South Korean court began reviewing on Monday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock

On Camera

Rahul’s ‘vote chori’ attack on EC is a political dead-end. He still has a point

The ECI needs to respond to Rahul Gandhi’s accusations professionally and transparently. Else, it will end up giving him the ammunition he is desperately seeking.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

‘Next war may come sooner than expected, will require whole-of-nation approach’—Army chief

Gen Dwivedi framed Op Sindoor not just as retaliation to Pahalgam, but as demonstration of India’s capability to fight multi-domain conflicts with integration between services & agencies.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.