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In Other News
'Demon Slayer' Smashes U.S. Records with Biggest Anime Film Debut Ever
The Japanese animated film Demon Slayer: Infinity Castle shattered records this weekend, earning $70 million in its U.S. debut, the highest ever for an anime.
xAI Lays Off 500 as Data Team Behind Grok Chatbot Faces Cuts
Artificial intelligence startup xAI laid off around 500 employees on Friday, primarily from its data annotation team responsible for training its Grok chatbot.
Musk Buys $1B in Tesla Stock in Rare Move
Tesla shares surged Monday after CEO Elon Musk disclosed a $1 billion open-market purchase of 2.57 million shares, his largest buy ever and first since 2020.
Trump Calls for End to Quarterly Earnings Reports
President Donald Trump proposed that U.S. companies shift from quarterly to semiannual earnings reporting, claiming it would reduce costs.
