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Khosla and Desai come to the Musk-Altman party

Vinod Khosla; Anand Desai TOI correspondent from Washington: If the dotcom era gave investors dreams of effortless millions and the crypto boom offered visions of digital billions, the coming IPOs of SpaceX and OpenAI – likely in June and September respectively – promise something more intoxicating: trillion-dollar fantasies wrapped in Silicon Valley superlatives. One company...
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Outlook for May 25-29, 2026

The unofficial start to summer is here. There’s just one week left to go this month. And, with the stock market closed Monday for the Memorial Day holiday, investors are heading into the holiday weekend in good spirits. In May, the S & P 500 reached fresh all-time highs, above 7,500, after staging a major...
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India’s tryst with oil shocks: How crude prices shaped economy and policy in last five decades

Every major oil shock has left a mark on India, sometimes through inflation, sometimes through foreign exchange pressure, and occasionally through wider economic change. The country’s 1991 balance-of-payments crisis unfolded against a backdrop of rising oil prices. High crude costs later pushed difficult conversations around subsidies, fuel deregulation and energy security. More recently, shifts in...
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Reddit stock drops after Meta launches Forum app

Omar Mariques | Lightrocket | Getty Images Reddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users to congregate and create discussion groups. Forum, launched as a test app on Apple’s iOS, is part of Facebook Groups. Analysts at Truist...
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The Mandalorian and Grogu’ box office preview

Still from “Star Wars: The Mandalorian and Grogu.” “Star Wars” returns to the big screen for the first time in seven years this weekend, riding the contrails of a Mandalorian’s jetpack. Disney’s “Star Wars: The Mandalorian and Grogu” tallied $12 million in Thursday night preview sales, the lowest collection of advanced tickets in the franchise’s...
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Tulsi Gabbard resigning as Trump’s intelligence chief

Director of National Intelligence (DNI) Tulsi Gabbard speaks during a press briefing, at the White House in Washington, D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Tulsi Gabbard is resigning as President Donald Trump‘s director of national intelligence, becoming the latest Cabinet official to leave his administration, she announced Friday. Gabbard, in a resignation...
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