Quartz

Quartz -

Microsoft's quantum breakthrough, Elon Musk's X turnaround, and Apple's new iPhone: Tech news roundup - 2025-02-22T14:00:00Z

There’s a 3.1% chance an asteroid will hit Earth on Dec. 22, 2032. But there’s no reason to panic — at least not yet.

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Bitcoin's creator, Intel and TSMC, cruise stocks sink, and Dogecoin mania: Markets news roundup - 2025-02-22T14:00:00Z

Who created Bitcoin? The million-dollar question is back in the spotlight — and this time with a surprising new suspect: Jack Dorsey, the bearded tech sage behind Twitter.

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Elon Musk's DOGE overdrive, Trump bashes Boeing, and supersonic planes: Business news roundup - 2025-02-22T14:00:00Z

The Trump administration is planning to lay off at least 40% of the Federal Housing Administration’s (FHA) workers, according to a Bloomberg report.

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The 10 electric cars with the longest driving ranges - 2025-02-22T12:00:00Z

Many people who are tempted to switch to electric vehicles are held back by one defining feature: the car’s range. What if they want to go on a road trip? How long will they have to spend charging their car? What if they can’t find a place to recharge?

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xAI's Grok 3, Mira Murati's startup, and Together AI's raise: This week's AI launches - 2025-02-22T10:00:00Z

Each week, Quartz rounds up product launches, updates, and funding news from artificial intelligence-focused startups and companies.

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What Nvidia CEO Jensen Huang thinks about DeepSeek - 2025-02-21T21:37:00Z

Nvidia (NVDA) chief executive Jensen Huang doesn’t have hard feelings for Chinese artificial intelligence startup DeepSeek.

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The Dow plunges 750 points as bad economic news piles up fast - 2025-02-21T21:05:00Z

U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted by more than…

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UnitedHealth, Alibaba, Celsius, Coinbase, Block, Dropbox, Booking: Stocks to watch today - 2025-02-21T21:05:00Z

U.S. stocks were down on Friday, with the S&P 500 shedding 1.7%. The Dow Jones Industrial Average lost almost 750 points, or 1.6%, while the Nasdaq dipped 2.2% in New York by the end of the day.

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Target is facing another big DEI lawsuit - 2025-02-21T19:44:00Z

Target (TGT) was hit with another lawsuit on Thursday, this time by the state of Florida, which accused the retail giant of hiding the risks tied to its diversity, equity, and inclusion (DEI) efforts. The state claims these initiatives sparked a customer backlash that erased billions of dollars from Target’s market…

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The Ozempic shortage is over - 2025-02-21T18:18:00Z

The shortage of Novo Nordisk’s (NVO) blockbuster diabetes and weight-loss drugs is officially over, according to the U.S. Food and Drug Administration (FDA).

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Coinbase just got a big win as Trump's SEC drops the case against it - 2025-02-21T15:26:00Z

The Securities and Exchange Commission (SEC) plans to drop its enforcement case against Coinbase, marking a significant shift in cryptocurrency regulation.

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UnitedHealth is being investigated for its Medicare billing practices — and the stock falls 9% - 2025-02-21T15:20:25Z

UnitedHealth Group (UNH) is under fire over its Medicare billing practices.

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Meta executives could get big bonuses after big layoffs - 2025-02-21T13:47:00Z

Meta’s (META) “intense year” now includes intense bonuses for its executives.

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Elon Musk's DOGE is going after the agencies that regulate his companies - 2025-02-21T13:42:00Z

Elon Musk’s so-called Department of Government Efficiency (DOGE) has started slashing big chunks of the agencies that regulate at least two of his companies, Tesla (TSLA) and Neuralink.

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Don't count out a Fed interest rate hike, fund manager says - 2025-02-21T12:03:11Z

The chance that the Federal Reserve will boost interest rates this year to limit inflation is higher than the near-zero level currently priced into the markets.

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Elon Musk's SpaceX is getting ready to take the International Space Station out of orbit - 2025-02-21T11:50:20Z

Elon Musk says it’s about time for SpaceX to deorbit the International Space Station — “as soon as possible.”

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Gilead's new HIV med, a bird flu shot for chickens, and Hims does blood tests: Pharma news roundup - 2025-02-21T10:00:00Z

Gilead (GILD) said on Tuesday that the U.S. Food and Drug Administration (FDA) has accepted its application for a twice-yearly injectable drug designed to prevent HIV. The U.S. Department of Agriculture (USDA) granted a conditional license for a vaccine designed to protect chickens from the bird flu, in an effort to…

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Apple's new iPhone, Nvidia's new tool, and Palantir stock tanks: AI news roundup - 2025-02-21T10:00:00Z

Apple unveiled the newest version of its lower-cost iPhone equipped with Apple Intelligence. The iPhone 16e could help Apple’s phone sales after it missed iPhone revenue expectations for the first fiscal quarter.

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7 of the most expensive bottled waters in the world - 2025-02-21T10:00:00Z

Has any other product experienced a glow up quite like the humble water bottle? Anyone older than the age of 20 remembers a time when a reusable water bottle was just a crinkled, old Poland Springs or Dasani (KO) product filled and refilled for childhood soccer practices or long car trips.

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The 10 best state capitals in America to live in - 2025-02-21T10:00:00Z

When finding a new place to live, some people choose state capitals for their combination of economic opportunity, cultural attractions, and political relevance. But not all capitals are created equal.

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Amazon has beat Walmart on revenue for the first time ever - 2025-02-21T00:45:32Z

On the day Walmart (WMT) injected gloom into the American economy by lowering its economic outlook for 2025, the retailer shared another notable statistic in its earnings report. According to the quarterly results, the battle between two American giants has a new victor — at least for now.

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Boeing, Cruise Lines, Walmart, Alibaba, Palantir, Meta, Hasbro, Block: Stocks to watch today - 2025-02-20T21:00:00Z

U.S. stocks declined on Thursday, with the S&P 500 down by 0.4%, the Dow Jones Industrial Average decreasing by 1%, and the Nasdaq falling by 0.4% as the day concluded in New York.Initial jobless claims rose by 5,000 in the week ended Feb. 15 to a seasonally adjusted total of 219,000, slightly higher than expected.

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Amazon takes creative control of the James Bond movie franchise - 2025-02-20T20:02:00Z

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Royal Caribbean and other cruise stocks are sinking after a top Trump official promised to make them pay - 2025-02-20T18:05:00Z

Cruise operator stocks are sinking Thursday after a top U.S. official pledged to force them to pay taxes.

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Eli Lilly wants to use its weight loss drug windfall to fight Alzheimer's and hearing loss - 2025-02-20T17:40:19Z

The weight-loss drug boom has transformed Eli Lilly (LLY), the maker of Zepbound, into the largest healthcare company in the world. Now, the pharma giant wants to reinvest its success with weight-loss meds into tackling some of the world’s toughest health challenges.

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Palantir stock tanks 13% on Trump defense cuts and CEO's sell-off plans - 2025-02-20T17:39:52Z

Shares of Palantir (PLTR) dropped nearly 13% on Thursday morning amidst news that its CEO is planning a new share sales initiative and a media report indicating that the Trump administration has instructed the Pentagon to reduce the U.S. defense budget.

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Nvidia's new AI tool can teach sign language - 2025-02-20T17:39:03Z

Nvidia (NVDA) is launching an artificial intelligence-powered platform for learners of American Sign Language — the third-most prevalently used language in the U.S.

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Amazon owns James Bond now - 2025-02-20T15:58:44Z

The e-commerce giant Amazon (AMZN) now owns and has creative control over the James Bond movie franchise.

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Trump bashes Boeing over Air Force One delays as Elon Musk tries to speed things up - 2025-02-20T15:39:00Z

President Donald Trump again expressed his frustration over Boeing’s (BA) failure to deliver replacements for Air Force One, which were expected to be handed over to the federal government last year.

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Delta is offering $30,000 to passengers on the plane that crashed and flipped upside down - 2025-02-20T15:36:00Z

Passengers on Delta Air Lines (DAL) flight 4819, which flipped onto its roof while landing Monday at Toronto’s Pearson International Airport, will receive $30,000 “no strings” payments, NBC News reports.

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ChatGPT's growth is surging despite the DeepSeek buzz - 2025-02-20T14:21:28Z

Despite the emergence of Chinese-owned DeepSeek’s AI platform, U.S.-based OpenAI’s ChatGPT continues its growth.

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Walmart stock tanks 8% after it warns 2025 won't be as gangbusters as 2024 - 2025-02-20T14:03:00Z

Despite reporting strong results for its latest fiscal year, Walmart’s (WMT) stock sank in early trading on Thursday after the retailer issued conservative guidance for its upcoming year.

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Walmart shoppers come more often than Target's — and stay longer - 2025-02-20T13:58:04Z

While Walmart (WMT) is lowering its earnings expectations for the year ahead, America’s largest retailer has plenty of baked-in advantages over competitors to monetize cash-strapped, inflation-weary consumers.

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The 10 most beautiful college campuses in America - 2025-02-20T10:00:00Z

When choosing a college, some factors immediately come to the forefront: academics, the social scene, sports teams, and the cost of attendance.

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Dogecoin mania is back. Will the SEC approve an ETF for Elon Musk’s favorite crypto? - 2025-02-20T10:00:00Z

Dogecoin is making headlines once again. The reason? The Securities and Exchange Commission has officially acknowledged Grayscale’s filings for a spot Dogecoin exchange-traded fund (ETF), the Grayscale Dogecoin Trust. This marks the beginning of the SEC’s review process, which could potentially bring the Dogecoin ETF…

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The 10 American cities with the most people in financial distress - 2025-02-20T10:00:00Z

Americans around the country are struggling to make ends meet, but in some cities, people are facing much higher levels of financial distress.

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The 5 greenest cities in America — and the 5 worst for the environment - 2025-02-20T10:00:00Z

Protecting the environment is one of the defining issues of the 21st century, with the United Nations estimating that the global community has just five years left to cut emissions enough to avoid catastrophic climate change.

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The 5 best cities in America for coffee lovers — and the 5 worst - 2025-02-20T10:00:00Z

Are you feeling tired? Worn down? Are your eyes slowly drooping shut, while the work day drains you of all energy or ability to complete tasks?

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Microsoft created a new type of matter for its quantum computing chip - 2025-02-20T02:51:00Z

Microsoft (MSFT) is changing what you learned about the states of matter in elementary school with a creation that it said will advance “the path to useful quantum computing.”

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Apple’s iPhone 16e debuts at $599. Here's what you need to know - 2025-02-19T21:47:00Z

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The Fed wants more progress on inflation before cutting interest rates — and stocks are stuck in place - 2025-02-19T19:50:44Z

U.S. stocks were little changed after minutes from the January meeting of the Federal Reserve’s interest-rate setting committee indicated that the central bank’s officials aren’t in a hurry to further cut borrowing costs.

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Trump's tariff threats are hitting these car, chip, and pharma stocks - 2025-02-19T19:41:53Z

President Donald Trump escalated trade tensions Tuesday by threatening to impose new 25% tariffs on automobiles, pharmaceuticals, and semiconductors, heightening concerns over a potential trade war. The announcement has sent ripples through financial markets, with investors bracing for potential volatility.

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Extreme trade and immigration policies could slow growth and fuel stagflation, strategist warns - 2025-02-19T19:36:00Z

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Big Pharma and drug middlemen donated record money to get Trump on their side - 2025-02-19T17:58:25Z

In the months after the 2024 election and before President Donald Trump’s second inauguration, healthcare executives paid million of dollars to get the ear of the president.

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Keeping track of Trump's tariff threats: The countries, the products, and the deadlines - 2025-02-19T17:37:00Z

President Donald Trump has made no bones about his love of tariffs, repeatedly invoking them during the first month of his administration as a bargaining tactic to try and snag victories.

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Apple just unveiled a new version of its cheaper iPhone - 2025-02-19T17:27:00Z

Apple (AAPL) just unveiled the newest version of its lower-cost iPhone as part of the iPhone 16 family.

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That asteroid hurtling toward Earth is starting to look scarier - 2025-02-19T15:58:00Z

There’s a 3.1% chance an asteroid will hit Earth on Dec. 22, 2032. But there’s no reason to panic — at least not yet.

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Hims & Hers is getting into the at-home blood testing business - 2025-02-19T15:33:44Z

After having massive success with off-brand weight-loss drugs, the millennial-focused telehealth company Hims & Hers (HIMS) is now expanding its offerings to include at-home blood tests.

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The S&P 500 slips from a record as trade war concerns mount. Fed meeting minutes are up next - 2025-02-19T15:26:17Z

U.S. stocks opened lower on Wednesday after European equities mostly fell as President Donald Trump’s threat of new 25% tariffs on autos, drugs, and semiconductors intensified fears of a potential trade war.

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current date: Feb 22, 2025 - 11:57 a.m. EST