Shares in data analytics software developer Palantir tumble even as the company tops analysts' earnings estimates.
2 minute read
The company reports adjusted earnings of $1.20 a share as revenue climbs 4.7% to $2.94 billion.
2 minute read
OpenAI strikes cloud computing deal with Amazon, Palantir CEO touts strong third-quarter results, Trump threatens to cut NYC funds, and more news to start your day.
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Kimberly-Clark agrees to buy Tylenol maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, including debt.
4 minute read
The stock is rarely cheap, but an Oppenheimer analyst makes the case that it’s headed for bargain territory.
2 minute read
Apple is betting on a big holiday season, Netflix weighs Warner Bros. bid, Pfizer and Novo Nordisk find themselves in a bidding war, and more news to start your day.
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Alphabet stock rises but Microsoft and Meta fall after the tech giants report quarterly earnings.
4 minute read
Nvidia rises after President Donald Trump says he may discuss the company’s advanced Blackwell chips with Chinese President Xi Jinping when they meet Thursday. Earnings are expected Wednesday from Microsoft, Alphabet, and Meta Platforms.
4 minute read
The car dealer best known for its auto vending machines reported third-quarter earnings of $1.03 a share and revenue of $5.65 billion.
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A lack of power outages has led to muted demand for generators.
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CEO Josh Silverman will be succeeded by the company’s current president and chief growth officer.
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The cuts among its corporate workforce come as Amazon looks to “realize efficiency gains.”
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Cost-cutting and new customer initiatives helped the e-commerce firm beat expectations for sales and deliver adjusted earnings well above analyst estimates.
2 minute read
Qualcomm enters AI computing race, Texas emerges as banking M&A epicenter, suspension of food assistance during shutdown to hit economy, and more news to start your day.
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The National Retail Federation says Americans will spend a record $13.1 billion this Halloween, including $3.9 billion on candy.
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Shares of the retailer are getting attention once again.
2 minute read
Mag 7 earnings and Fed decision headline busy week, officials talk of progress ahead of Trump-Xi meeting, Novartis agrees to buy Avidity, and more news to start your day.
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Mizuho analysts reiterated an Underperform rating on the shares and cut their price target. again.
3 minute read
The shoe designer issued weaker-than-expected sales guidance, which it blamed on tariffs.
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The move is part of incoming CEO Michael Fiddelke’s efforts to revitalize the ailing retailer.
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The maker of plant-based meat alternatives has struggled with falling volumes and sales for years.
3 minute read
Apple stock driven to record, Amazon Web Services outage knocks out businesses, Lululemon founder picks a fight with the board, and more news to start your day.
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Chip Wilson is publicly attacking management and wants to replace directors through an activist push.
3 minute read
The owner of Gucci, Balenciaga, and other brands is selling its beauty business to L’Oréal for about $4 billion.
1 minute read
More credit “cockroaches” could be lurking at banks, Oracle fights low-margin cloud claims, U.S. and China still open to talks on trade, and more news to start your day.
Long Read