Shares of Amazon.com dropped by more than 8.6% in premarket trading on Friday, as investors responded with concern to the company’s second-quarter results, which showed cloud computing unit…
BYD Co. reported flat year-on-year sales growth in July, delivering 344,296 vehicles, a mere 0.6% increase from the same month last year. The figure also marked a 10%…
US stocks opened under pressure on Friday as investors digested signs of a softening labor market and escalating tariff tensions. The benchmark S&P 500 index was down 1.22%.…
Moderna has lowered the high end of its 2025 revenue forecast, citing a delay in Covid vaccine shipments to the UK. The company now expects between $1.5 billion…
Brazil’s antitrust regulator CADE has opened an investigation into US tech giant Microsoft at the request of Norwegian browser firm Opera, which had filed a formal complaint with…
Reddit Inc. shares surged on Friday after the company posted its most profitable quarter to date and offered a third-quarter revenue forecast that significantly beat Wall Street expectations.…
OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a person familiar with the deal. The fresh…
Novo Nordisk stock sharply tanked this week, marking the pharmaceutical company’s worst-ever weekly loss with a decline of more than 30% by Friday.This plunge extended the stock to…
Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the past month. As British corporations continue…