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Investors typically cheer job cuts, but the EV company’s shares closed down after the news was confirmed. Here’s what to know.
Brent crude and WTI prices were gaining after President Donald Trump warned the U.S.-Iran peace deal is still subject to change.
GE Vernova (NYSE:GEV) used the Africa Energy Forum to showcase a range of energy technologies designed to support power reliability, emissions management and grid modernization across the continent. The company focused on digital solutions for utilities and industrial customers, alongside technologies intended to help African energy systems accommodate growing levels of renewable power generation.
Italy’s regulator examines whether Apple gives rival cloud providers equal access to iOS and iPadOS system features.
The FTC could conclude the matter as early as this summer, either by filing a lawsuit or reaching a settlement, according to Bloomberg.
CarMax stock advances after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings.
While Align Technology has underperformed relative to the Dow over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
Mobileye Global Inc. (NASDAQ:MBLY) is one of the 10 Best Stocks to Buy Under $10. On May 21, Berenberg downgraded its rating on Mobileye Global Inc. (NASDAQ:MBLY) from Buy to Hold. The research firm pointed to the stock’s rally since March and said that it has made the near-term risk-reward profile more balanced. Berenberg continues […]
Bitcoin is trading at approximately $65,829 as Federal Reserve Chair Kevin Warsh steps in to chair his first FOMC meeting. While traders analyzing whether the central bank will hike or hold this Wednesday have priced in a 3.50-3.75% rate hold at a 97.4% probability per the CME FedWatch tool, the true market driver remains Warsh’s impending forward guidance.
JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b
Elon Musk has outlined a vision in which large groups of Tesla’s humanoid robots could eventually function as self-replicating machines in space.
June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.
Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture. • Alfahealth and Industries eXcellence respectively offer digital solutions for Italy's healthcare and industrial sectors. • Together they accounted for about 18% of Engineering's consolidated net revenues and 25% of adjusted core earnings (EBITDA) in 2025.
June 17 (Reuters) - Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.
Potential interest rate increases (and downstream effects such as higher bond yields) could mean trouble for the stock market, especially if they coincide with new tariffs.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
XTX Markets’ Finnish unit has filed a lawsuit against Dell Technologies (NYSE:DELL) over alleged server price increases tied to data center contracts. The dispute involves around US$70 million and centers on pricing for infrastructure that supports high performance trading operations. This legal action is separate from Dell’s recent activity around AI infrastructure and focuses on how large enterprise clients are charged for hardware. Dell Technologies sits at the heart of global enterprise...
Salesforce, Fox Corporation and Greenland Energy shares slumped to annual lows on Tuesday amid company updates and Wall Street commentary.
Opendoor built its business around the simple idea of making home sales faster, easier, and less stressful. The real estate technology company lets homeowners request cash offers online, avoid some of the uncertainty of traditional listings, and close more quickly. But behind that ...
CEO Evan Spiegel took a jab at Meta, saying "those copycats up north" won't be able to replicate Specs, citing Snap's portfolio of over 7,000 patents.
A number of stocks fell in the afternoon session after investors rotated from the high-multiple growth names that led the recent rally.
A number of stocks fell in the afternoon session after investors rotated from the high-multiple growth names that led the recent rally.
In a letter sent on June 16 to NHTSA Administrator Jonathan Morrison, Democratic Senators Edward Markey and Richard Blumenthal said Tesla has used “misleading and incomplete” statistics to promote FSD.
Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.
The comments come in the wake of Meta’s latest round of job cuts and internal reorganizations aimed at funding and accelerating its AI ambitions.
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 4.1% in the afternoon session after the company laid off hundreds of employees in a push to reduce costs and become profitable.
Netflix reportedly has no plans to acquire Lionsgate Studios, flatly contradicting a brief market frenzy sparked by an earlier-in-the-day report.
Amazon is reportedly facing a potential FTC lawsuit that could result in billions of dollars in penalties tied to claims of misleading advertisers on its platform.
By Caroline Valetkevitch and Amanda Cooper NEW YORK/LONDON, June 16 (Reuters) - Oil prices fell more than 5% on Tuesday, extending this week's losses on hopes a U.S.-Iran deal to end the Middle East
Verizon launches new Simplicity plans dropping activation and upgrade fees while introducing a loyalty program with 3% back on bills and brand perks.
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