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South Korea's labour minister called on the country's major tech firms to share the spoils of their massive windfall profits, warning that unprecedented chip-sector gains stemming from the AI boom risked widening a gap in inequality. In an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform ‌profit targets should consider sharing excess gains with suppliers, subcontractors and their workers, after deducting taxes, given their contributions to corporate growth. The South Korean government, businesses, unions and suppliers should engage ‌in a public dialogue on how to share such "excess profits" and narrow the gap between large conglomerates and smaller suppliers, he said.

If you've spent any time around cybersecurity professionals, you've heard some version of this warning: it's not a matter of if, but when. For years, that felt like industry boilerplate. Then Anthropic's Mythos arrived, and suddenly the urgency feels different. On June 3, CNBC's Jim Cramer posted ...

Under pressure from investors, lenders are increasing costs and curbing sweeteners they used to win loans in an era of ultra-competition.

The iPhone maker has clear advantages to lead in consumer AI, but only if it can finally modernize Siri.

S&P Dow Jones Indices said Thursday it won't fast-track the inclusion of SpaceX and this year's other giant IPOs into the S&P 500. Rules governing the benchmark stock index require newly listed companies to trade on an exchange for at least a year and to show a track record of liquidity and profitability before they become eligible for inclusion. The committee that oversees the index had considered waiving those requirements to speed the inclusion of SpaceX, OpenAI and other so-called megacap companies that could go public as soon as this year.

By David Shepardson WASHINGTON, June 4 (Reuters) - President Donald Trump said on Thursday he met with senior leaders in the auto industry to discuss the ongoing debate over "right-to-repair"

The stock merely surrendered gains accumulated over the past week.

By Pritam Biswas and Noel Randewich June 4 (Reuters) - S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by

Looking past the hype reveals some big risks that potential SpaceX investors should consider.

LGI Homes has been treading water for the past six months, recording a small loss of 4.7% while holding steady at $48.22. The stock also fell short of the S&P 500’s 11% gain during that period.

Rigetti Computing stock exploded in May on federal funding news and a strong earnings beat.

Planet Labs PBC (NYSE:PL) reported record first-quarter fiscal 2027 revenue and raised its full-year sales outlook, citing strong demand from defense and intelligence customers, international governments seeking sovereign space capabilities, and expanding use of its AI-enabled geospatial products.

Docusign (NASDAQ:DOCU) reported 9% year-over-year revenue growth in the first quarter of fiscal 2027 and said adoption of its AI-native Intelligent Agreement Management platform, or IAM, continued to expand across its customer base. CEO Allan Thygesen said on the company’s earnings call that Docusi

US stock futures mostly fell in the wait for the release of the May jobs report.

US stock futures mostly fell in the wait for the release of the May jobs report.

US stock futures mostly fell in the wait for the release of the May jobs report.

Moderna (MRNA) was one of the big beneficiaries of the Covid pandemic, producing tens of billions of dollars in vaccine sales and becoming one of the most carefully watched businesses in biotechnology. Since then, the task has been to prove that the accomplishment was not a fluke. As Covid-related ...

Docusign lifts FY27 revenue guidance between $3.49 billion to $3.5 billion.

S&P Dow Jones Indices rejected calls to fast track SpaceX and other upcoming megacap IPOs such as Anthropic and OpenAI into the S&P 500 index.

The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.

(Bloomberg) -- S&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Beg

(Bloomberg) -- Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Begins Rebuilding

Investing.com -- S&P Dow Jones Indices has concluded its market consultation regarding potential methodology adjustments for megacap companies across its major U.S. benchmarks. Following an extensive review of feedback from market participants, the index provider announced that its existing criteria will remain fully intact for its main equity suites, despite a historic wave of highly anticipated IPOs for private giants valued in the multi-hundred-billion to trillion-dollar range. The decision e

SpaceX and Anthropic reflect some of the most exciting debuts we've seen in years. But will they live up to the hype?

Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...

Zumiez (NASDAQ:ZUMZ) reported higher first-quarter sales and improved margins for fiscal 2026, but executives said consumer discretionary spending pressure intensified late in the quarter and continued into May, prompting a cautious outlook for the second quarter. Chief Executive Officer Rick Brook

lululemon athletica (NASDAQ:LULU) reported modest first-quarter revenue growth but lowered its fiscal 2026 outlook, citing softer recent sales trends, negative media and social commentary around the brand, and product launches that did not meet expectations. Meghan Frank, interim co-CEO and chief f

Before we get started, I would like to take this opportunity to remind you that our remarks today will include forward looking statements reflecting management's current forecast of certain aspects of Lululemon's future. As well as to Laura Gentile, and Mark Maurer, who will join the board following our annual meeting later this month.

Lululemon lowered its outlook today, saying that it expects sales to be flat or slightly down this year. The athleisure company expects net revenue to fall as much as 1% for the full year, compared with its previous forecast for growth of 2% to 4%.

Lululemon Athletica reported better-than-expected first-quarter results but a weaker outlook for the second quarter and the full year, sending its shares lower in after-hours trading. Shares of Lululemon were down more than 10% after closing down 0.9% at $124.92 in regular trading. The specialty athleticwear, footwear, and accessories company said sales for the fiscal quarter ended May 3 rose 4% to $2.5 billion, above the $2.43 billion Wall Street was estimating.