After years of legal battles and political pressure, TikTok has signed binding agreements to sell a majority stake in its U.S. operations to a consortium of investors, forming a new, American-controlled joint venture. The deal is intended to comply with U.S. law requiring its Chinese parent company, ByteDance, to divest or face a ban. TikTok CEO Shou Zi Chew confirmed in an internal memo that agreements were signed with a consortium of investors including Oracle, Silver Lake,

Tesla has officially closed at a fresh, record high of $489.88, completing a dramatic, months-long rebound that saw the stock more than double from its lows earlier this year. The surge, which gives the electric vehicle maker a valuation of over $1.6 trillion, signifies a decisive shift in investor focus from the company's core automotive business to its pioneering role in Artificial Intelligence (AI) and robotics. The record close, which surpasses the previous high set a yea