The CBS News program installed journalist Nick Bilton in the role and will part ways with current show leader Tanya Simon.
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Costco releases Q3 results late Thursday as retailers warn that higher fuel prices and inflation pressures could hit consumer spending.
The bank plans to challenge a ruling last week involving a wealth manager fired over a Super Bowl party.
Investing.com -- Bank of America upgraded Agilent Technologies to “Buy” from “Neutral,” citing strong execution, market share gains, and resilience across key end markets despite broader concerns in the life sciences tools sector.
There is a number most people stop being able to picture once it gets past a billion. You can imagine a million dollars. You can almost imagine a billion. A trillion is already abstract. Five trillion, however, is folklore. That is the territory Nvidia (NVDA) is now operating in, and it is the part ...
(Bloomberg) -- Shares of drone makers and suppliers rallied Thursday after a report said the Trump Administration is exploring potential funding deals with a group of companies to increase domestic production and lower costs.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-Preside
Goldman Sachs COO John Waldron called out inflation as "the single biggest risk element" to the economy on Thursday during a talk at the Bernstein Strategic Decisions Conference in New York.
The United States Postal Service said Thursday it reached a $10 billion deal to provide “last-mile” package delivery services for DHL eCommerce, an arm of German package services provider DHL. The USPS said in December it intended to open its last-mile delivery network to large and small shippers, expanding beyond current arrangements with Amazon and UPS. Postmaster General David Steiner said in a call with reporters that since the USPS delivers to 170 million locations six days a week, “we are the best last-mile provider by default.”
Best Buy is known for its laptops and smartphones. Best Buy stock surged nearly 17% Thursday after the electronics chain reported first-quarter operating earnings of $1.28 a share, up from $1.15 a year earlier—helped by higher margins and a 2% bump in same-store sales. Best Buy, meanwhile, stoked the uncertainty further when it announced in April that CEO Corie Barry would step down Oct. 31, to be replaced by longtime company veteran Jason Bonfig.
Investing.com -- Meta Platforms’ major push into subscription services across Instagram, Facebook, WhatsApp and Meta AI, a move that could generate billions of dollars in recurring revenue.
Snowflake just jumped on earnings. It could bode well for the broader software sector.
XPENG (NYSE:XPEV) said it expects a sharp rebound in second-quarter deliveries after a weaker first quarter, while management outlined a broader push to position the company around “physical AI” applications including advanced driver assistance, Robotaxis and humanoid robots. Co-founder, Chairman a
Diana Shipping (NYSE:DSX) reported a sharply higher first-quarter profit as the dry bulk shipowner benefited from improved charter rates, lower interest expense and an unrealized gain tied to its investment in Genco Shipping & Trading. Chief Executive Officer Semiramis Paliou said the dry bulk
Dell Technologies Inc (NASDAQ:DELL) shares rose about 7% on Wednesday after the US Department of Defense announced a five-year, approximately $9.7 billion enterprise software agreement involving Dell Federal Systems to provide and manage Microsoft-related software and cloud services for the US...
Anthropic on Thursday said it is launching an upgraded Claude Opus 4.8 model even as it works to release its powerful, market-moving Mythos model to all customers in the coming weeks. Mythos is the AI lab's large language model with advanced cybersecurity capabilities that have raised concerns among executives and world leaders about its impact. As a part of Project Glasswing, major tech firms such as Amazon, Microsoft and Apple are permitted to use Mythos for cybersecurity purposes.
Anthropic has debuted its new flagship AI model Opus 4.8.
Moby summary of Sono-Tek Corporation's Q4 2026 earnings call
Moby summary of REX American Resources Corporation's Q1 2026 earnings call
Memory-chip makers Micron and Sandisk scored price-target hikes from Wall Street analysts on Thursday. Both stocks are at record highs.
Moby summary of Hormel Foods Corporation's Q2 2026 earnings call
Moby summary of Diana Shipping Inc.'s Q1 2026 earnings call
A strong quarter did little when Zscaler's guidance spooked investors already nervous about AI eating their lunch.
Johnson & Johnson seems to have perfected the art of the biotech deal. Rather than spending billions on acquisitions, it has built much of its pharma empire through partnerships that capture huge upside for bargain prices.
Find insight on Ferrari, United Airlines, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector.
The Google employee case is the second federal prosecution tied to alleged prediction market insider trading on Polymarket.
A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main constraint shaping future computer chip development. Kevin Zhang, Senior Vice President of Business Development, said customers across smartphones to AI data centres are increasingly prioritising performance gains that do not drive up power use, as operators contend with the cost and availability of electricity. The shift is part of a broader turning point for the semiconductor industry, where simply packing more transistors onto chips is no longer enough to sustain performance gains for energy-hungry AI workloads.
Snowflake (SNOW) reported strong fiscal Q1 results and raised its fiscal 2027 guidance, driven by an
BlackRock, Inc. (NYSE: BLK) launched its spot U.S. exchange-traded fund (ETF) tied to Bitcoin (BTC) on Jan. 11, 2024. It was a historic moment for the crypto industry as the launch demonstrated the growing faith of Wall Street in digital assets. Several large players like Morgan Stanley (NYSE: MS) ...
Agilent Technologies stock surges as Wall Street approves of the company’s second-quarter earnings and guidance update.