Weil, Gotshal & Manges, one of the US’s leading law firms, is shutting down as its client base, partnership, and revenue shrink. It has around 1,200 lawyers.

The coffee giant boosted its profit outlook beyond market expectations and announced a $1 billion share repurchase plan as CEO Brian Niccol pushes ahead with his turnaround strategy.

Nvidia chief Jensen Huang reportedly had close ties to a Singapore-based cloud company executive whom US intelligence officials considered a potential Chinese asset, according to The New York Times.

Alphabet lost nearly $500 billion in market value on Thursday as Google shares plunged 13%, marking their steepest single-day decline on record.

The Federal Reserve held its benchmark rate at 3.75%–4.00% yesterday, though two members called for an immediate hike to curb inflation.

Google’s artificial intelligence business continued to grow in the third quarter, but slowing search advertising revenue disappointed investors and sent Alphabet shares down about 10% in after-hours trading.