(Updates with quotes from Secretary Lisa Nandy and Paramount throughout the story.) Paramount Sky
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Treasury yields rise, on path for a quarterly increase. An agreement to fully restore shipping through the Strait of Hormuz remains elusive and oil prices edge higher. Fed funds futures price at least one Fed hike this year, according to CME.
The drone maker posted Q4 adjusted EPS of $1.84 versus an estimate of $1.46, with revenue of $641.6 million against an estimate of $556 million
Toyota will hold a 51% stake in the new entity, which will have exclusive rights to produce Joby's S4 series aircraft
The Japanese government will grant up to 148 billion yen ($912 million) to Rakuten Group to help it build a satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial and telecommunications conglomerate, is in talks with AST SpaceMobile of the United States to form a joint venture for the project, a Rakuten spokesperson said. •Japan currently depends on SpaceX's Starlink and other services offered by foreign companies for low-orbit satellite communications, and it aims to nurture home-grown operators to boost its economic security.
Abbott Laboratories has reached a proposed settlement that will see civil penalties paid under the US False Claims Act.
LONDON, June 30 (Reuters) - Britain said on Tuesday it could intervene in Paramount Skydance Corp's proposed takeover of Warner Bros Discovery, potentially holding up the $110 billion deal after the U. and China gave it the green light.
The Shenzhen-listed iPhone and AirPods assembler is offering 383.5 million shares at a maximum price of HK$63.28 each
Cerebras shares sank despite strong revenue growth.
June 30 (Reuters) - Wall Street's main indexes opened flat on Tuesday, the final trading day of a quarter that saw equities post the biggest gains in years.
Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them is not routine, however. It points to how Palantir plans to defend ...
Uber stock could face more robotaxi fears after news that it is no longer partnering with Waymo in Phoenix, an analyst said.
Phil Rosen goes Inside The ICE House to explain how Micron’s blockbuster earnings are reinforcing the strength of the AI-driven memory trade and broader tech rally. He breaks down why investors remain bullish even as rising chip costs begin to pressure consumer-facing companies and create uneven outcomes across the market. Rosen also frames the recent tech sell-off as a healthy rotation into defensive sectors rather than a broader market breakdown. He discusses Fed Chair Kevin Warsh’s uncertain policy stance, with markets still searching for clarity on rates.
YouTube TV and DirecTV Stream subscribers from April 2019 through March 2026 can file claims by Sept. 8
According to a Reuters report, the U.S. Federal Communications Commission is drafting a rule that would apply to new foreign inverter models and could be published as early as this year.
(Updates with the company's response in the fourth paragraph.) Super Micro Computer (SMCI) is coo
The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at investment firm Sixth Street, told Reuters on Tuesday. Speaking at the Reuters Momentum AI London event, Chavez criticised the current U.S. approach of regulating each new AI model's release individually, citing a lack of transparency on how decisions are made and who is making them. The outspoken remarks from a technology and financial industry veteran, who is also a member of the board of Google owner Alphabet Inc, echoed growing concerns about how the lack of a level playing field in AI regulation could increase risks.
18% That's how much Microsoft shares have fallen this month as investors retreat from Mag 7 stocks. It's put the tech behemoth on track for its worst month since December 2000, when stocks were in the midst of the dot-com bubble burst.
Big "vertical," synergistic-seeking media mergers are officially no longer a thing now that Comcast has decided to break apart the company. Again.
Companies establish venture to produce electric aircraftJoby Aviation, Inc. (NYSE:JOBY) shares rose 7% on Tuesday after the company announced a manufacturing joint venture with Toyota Motor Corporation to build Joby’s S4 Series electric vertical take-off and landing (eVTOL) aircraft.
QXO (QXO) said Tuesday that stockholder elections have been completed for the merger consideration i
Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.
Amphenol is forecast to unveil its second-quarter results in July, with analysts predicting a double-digit earnings growth.
Authorities reportedly searched offices tied to an investigation into Nvidia chip exports.
The recall covers a transmission issue that could cause vehicles to roll away.
Investors are awaiting NextEra Energy's fiscal second-quarter earnings, with analysts projecting modest, low-single-digit earnings growth.
Moody's will release its second-quarter results shortly, and analysts forecast a double-digit increase in earnings.
Most TopBuild shareholders opt for cash componentQXO, Inc. (NYSE:QXO) shares climbed 8% on Tuesday after the company announced the preliminary election results for shareholders of TopBuild Corp.
Investing.com -- The "Magnificent 7" group of technology companies lost approximately $2.3 trillion in market value this month as investors increased scrutiny of large infrastructure spending by these firms.
Hilton Worldwide is gearing up to report its fiscal second-quarter results this month, and analysts call for single-digit growth in its profitability.