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Apple's Ternus era hints at renewed hardware focus, AI growth pushTernus, a 25-year veteran who has overseen development of key products including multiple iPhone generations, will take the helm in Septemb...- Tesla's lower-cost EV plan seen boosting volume, risking marginsTesla is reportedly developing a smaller, cheaper electric vehicle. This move aims to increase sales and factory use. It also addresses gro...
- US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
- US Stocks: Adobe shares drop further as CEO exit casts doubts over AI strategyAdobe's battered shares fell another 6% on Friday as news that the Photoshop maker's long-time CEO will step down cast fresh doubts over it...
- US Stocks: Netflix shares surge 9% as investors cheer decision to exit Warner Bros raceNetflix jumped more than 9% on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding...
- Amazon stock crashes after $200 billion AI spending shocks investors – Why AMZN, MSFT, NVDA, META, GOOG and ORCL shed $1 trillion amid tech bubble fearsAmazon AMZN stock price crash: Amazon shares tumbled significantly after the company announced a massive capital spending plan for 2026. In...
- Alphabet shares surge over 6% after court rules against a breakupAlphabet's shares surged after a U.S. judge ruled against breaking up Google, adding over $170 billion to its market value. The ruling allo...
- London stocks hit more than 1-week highs after softer-than-expected inflation dataUK stock indexes rose significantly after surprising inflation data showed a larger-than-expected drop, increasing the likelihood of a Bank...
- UK economy rebounds in August in boost to new govtBritain's economy grew by 0.2 percent in August, lifting the new Labour government before its first budget. Finance minister Rachel Reeves ...
- Amazon set to join Big Tech's spending surge as AI race heats upAmazon's capital spending rose dramatically in the second quarter, reaching $16.41 billion to boost its cloud and AI capabilities. This inc...
- British American Tobacco signals ITC stake disposal, shares soar 7%British American Tobacco is actively working to sell some of its shareholding in India's ITC, signaling a move towards resuming share buyba...
- Sterling, UK bond prices edge lower as Hunt outlines tough budgetBritish banking stocks rallied, while shares in the power sector came under pressure after Hunt announced a windfall tax on oil and gas fir...
- Wall Street rises as Apple boost outweighs Amazon gloom; Dow jumps 500 pointsThe Dow Jones Industrial Average added 584 points, or 1.8%. The S&P 500 gained 1.5%. The Nasdaq Composite fought higher and was up by 1.8% ...
- Is the stock market a casino roulette? Asks Uday Kotak after tech crashA disappointing result season sent Facebook-owner Meta Platforms stock plummeting 25%. Investors are spooked by Facebook’s costly metaverse...
- Tech rout widens as Meta sinks after resultsMeta was set to lose about $78 billion in market value, if losses hold to the end of the session, adding to the trillions of dollars that s...
- Tech rout widens as Meta sinks after resultsMeta was set to lose about $67 billion in market value, if losses hold through the session, adding to the trillions of dollars that some of...
- UK economy shrinks for second month in a rowGross domestic product fell 0.3 percent in April after a drop of 0.1 percent in March, the Office for National Statistics said in a stateme...
- European shares rebound on gains in chemical, financial sectorsThe pan-European STOXX 600 index rose 0.8%, with the German DAX gaining 1.5%, France’s CAC 40 up 1.1% and UK’s FTSE 100 adding 0.7%.
- Brexit trade deal sparks relief but UK market will bear scarsAnalysts are urging clients to snap up undervalued UK stocks, the worst performing of any major market since 2016 and many say they been bu...
- Saudi sovereign fund PIF says total staff count crossed 1,000 in DecemberThe sovereign fund, which had around 40 employees in 2016, told Reuters in an email that 80 new recruits have been drawn from this year's c...
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