Insights, Analysis, and Perspective on Wall Street.
Read the latest business news, company earnings, mergers, corporate strategy and economic developments affecting markets, investors and consumers.
SpaceX’s first major insider lockup expiration since its June IPO put retail and institutional demand to the test, even as the stock trades well below its debut price.
Berkshire Hathaway earnings rose last quarter as CEO Greg Abel began deploying Warren Buffett’s massive cash reserve, offering an early signal of how Berkshire’s capital strategy may shift under new leadership.
Amazon CEO Andy Jassy says the company will spend $220 billion on AI infrastructure this year and still won’t have enough capacity to meet demand, as capex becomes the most closely watched number in Big Tech earnings.
Nike, once the top-selling sneaker brand in China, has seen sales in the country fall roughly 30% as domestic competitors take market share. Here’s what’s driving the decline.
Visa plans to cut about 2,600 jobs, or 7% of its workforce, as CEO Ryan McInerney points to AI as a factor reshaping how work gets done at the payments giant.
Emirates has launched a partnership with Crypto.com to let passengers pay for flights using cryptocurrency, targeting a “digitally-affluent” traveler base.
Ocado Group has quietly dropped its pursuit of a roughly £190 million payment from Marks & Spencer, ending a years-long dispute over their online grocery joint venture.
Ocado has quietly dropped its pursuit of a £190m payout from Marks & Spencer tied to their online grocery joint venture. Here’s what happened and why it matters.
Equifax beat second-quarter earnings estimates but its stock still fell 7% after weak guidance pointed to a slowdown in mortgage lending. Here’s what it means for borrowers.
3M shares jumped 7% after the industrial giant beat second-quarter earnings estimates and raised its full-year profit guidance. Here’s what happened.
