Sony forecasts flat profit this year as tariffs bite
Sony said on Wednesday it expects operating profit to rise 0.3% to 1.28 trillion yen ($8.7 billion) in the financial…
Samsung to buy German cooling system maker FlaktGroup for $1.7 billion
Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it…
Saudi Arabia’s AviLease places order for up to 30 Boeing 737 MAX jets
An aircraft leasing firm owned by Saudi Arabia’s sovereign wealth fund has placed an order for up to 30 Boeing…
Amazon taps FedEx for big-and-bulky residential deliveries
Six years after breaking up, Amazon and FedEx are back together. The retail giant has reached a long-term agreement with…
Microsoft to lay off 3% of workforce
Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant…
Sea Limited Stock Soars as Shopee Parent Posts Sales Gains in All Divisions
Sea Limited’s first-quarter profit exceeded forecasts as the Singapore-based tech company’s divisions posted higher revenue. Sea Limited said the gains…
Nvidia stock surges 5%, company rejoins $3 trillion club amid flurry of trade news
Nvidia (NVDA) stock surged over 5% on Tuesday, pushing the company’s market capitalization back above $3 trillion for the first…
Tesla Rides Market Rally Back Into $1 Trillion Club
Tesla (TSLA) shares surged Monday, pushing the company’s market capitalization back above $1 trillion, amid a broad market rally after…
OpenAI negotiates with Microsoft for new funding and future IPO
-OpenAI and Microsoft are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to…
Stocks surge, dollar rallies as US and China pledge to slash tariffs
-Wall Street stock futures surged, the dollar rallied and gold prices slumped on Monday as U.S. and Chinese officials pledged…