Alphabet earnings top estimates as cloud business gains steam, AI losses grow
Google parent Alphabet (GOOG, GOOGL) reported its fiscal second quarter earnings after the bell on Tuesday, beating analysts’ estimates on…
African Nations Turn to Gold to Protect Against Currency Losses
African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their currencies and…
Dollar eases as Biden ends re-election bid, drops vs yen
The dollar eased slightly against a basket of currencies on Monday while dropping sharply versus the yen as investors focused…
Vodafone sells further 10% stake in Vantage Towers for 1.3 billion euros
Britain’s Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its…
Oil Rises as Biden Quits US Race, Blazes Threaten Canadian Wells
Oil edged higher — after slumping almost 3% on Friday — as investors weighed the fallout from President Joe Biden’s…
Meta will reportedly withhold multimodal AI models from the EU amid regulatory uncertainty
Meta has decided to not offer its upcoming multimodal AI model and future versions to customers in the European Union…
SpaceX is building a superpowered spaceship to scrap the International Space Station for NASA
NASA and SpaceX unveiled more details about how they plan to deorbit the ISS in the early 2030s. SpaceX aims…
Nokia reports 32% drop in profit but sees recovery in 2nd half
-Nokia reported a 32% drop in second-quarter operating profit, citing weak demand for 5G telecom equipment, but the Finnish telecoms…
Kalitta Air faces $400,000 penalty for FAA violation
The Federal Aviation Administration has proposed a civil penalty of $400,000 against cargo airline Kalitta Air for allegedly operating flights…
Oil Recoups Losses as Technicals Add Support, US Stockpiles Drop
Oil rebounded after a three-session drop as technical levels provided a floor for losses and a government report showed another…