Latest Articles
Gallagher's Revenue Soars 24% as New Business and AssuredPartners Offset Property Market Reset
Arthur J. Gallagher posted $3.96 billion in second-quarter revenue on 6% organic growth and the integration of AssuredPa...
AWS Doesn't Need the Best AI Model to Win, Says Amazon's Jassy
Amazon Web Services reported a 37% revenue jump as AI demand grows. CEO Andy Jassy now says the race is about offering m...
Apple's Services Momentum Stumbles as App Store Fee Changes, Gaming Slowdown Bite
CFO Kevan Parekh points to foreign exchange, a mobile gaming lull, and the impact of U.S. court-ordered payment rule cha...
Aschenbrenner's Situational Awareness Hedge Fund Sells Public Portfolio to Citadel After Steep AI Infrastructure Losses
Leopold Aschenbrenner's AI-focused fund was forced to unwind leveraged public equity positions after holdings like SK Hy...
Apple Doubles Inventory to $11.1 Billion as Memory Chip Shortage Bites
Apple has almost doubled its inventory to $11.1 billion, bracing for what outgoing CEO Tim Cook called “very significant...
FIFA's $20 Billion Commercial Spin-Off Sparks Backlash from European Football Leaders
FIFA plans a new entity to house World Cup and other commercial rights, seeking to raise capital from outside investors ...
Russia Orders Special Economic Zone Companies to Share Live Data with Tax Authority
Residents of priority development territories and special economic zones will have to connect to the FNS's AIS Nalog-3 s...
Vale Posts 6.9% Drop in First-Half Profit, Declares $1.7 Billion Dividend
Mining giant Vale reported net income of $3.27 billion for the first six months of 2026, down from $3.51 billion a year ...
Nadella's Toughest Year: How Microsoft's AI Bet Threatens Its Own Empire
Three years after vaulting Microsoft to the front of the AI race, Satya Nadella faces a paradox: the technology that mad...
Microsoft Shares Surge 15% on $90 Billion Quarter as AI Copilot Hits 30 Million Users
Quarterly revenue of $90 billion, surging Azure cloud adoption and a leap in Copilot subscriptions triggered a double-di...
Amazon’s AI Bet Delivers a Blowout Q2 as AWS Growth Hits 18-Quarter High
Amazon’s Q2 net sales reached $200.6bn, operating income surged 43%, and AWS grew 37%—its fastest pace since 2021. The s...
Apple Earnings Beat Propelled by iPhone 22% Growth; CEO Transition in Focus
Apple reported better-than-expected quarterly results, driven by a 22% iPhone revenue jump, even as the company prepares...
Beyond Nissan: 14 Directors Voted Down at Japanese AGMs, Full Rankings Show
A Toyokeizai analysis of all listed Japanese companies reveals 14 director candidates were rejected by shareholders in t...
AWS Smashes Q2 Estimates as AI Demand Fuels 37% Revenue Surge
Amazon shares jump 6% after hours as cloud unit’s blowout quarter signals AI investments are beginning to pay off, easin...
Toyota-Trained Manufacturers Dive into Space, AI and Cocktails to Attract Fresh Talent
Companies born from Toyota’s supply chain in Japan’s Mikawa region are using their manufacturing precision to break into...
Meta’s AI Spending Surge Costs Zuckerberg $18 Billion in One Day as Wall Street Revolts
Meta stock plunged 9% after the company revealed sharply higher AI investment plans without a clear profitability timeli...
Microsoft’s Historic Stock Surge: How AI Spending and Cloud Acceleration Won Wall Street
A record-breaking 15.5% one-day gain for Microsoft signals investor approval of the AI spending strategy as Azure growth...
FTX Makes Smallest Creditor Distribution Yet — $900M — as Wind-Down Nears End
The fifth payout pushes recovery for some claims over 100% in dollar terms, but thousands of creditors remain locked out...
Colombia's Superfinanciera Launches Credit Reporting Hub, Orders Illegal Fundraising Halt
The Colombian financial regulator unveiled a centralized platform for granular credit portfolio reporting while also ord...
Google Backstops Anthropic’s $15B Data Center Deal with Lease Guarantees
Google is providing billions in lease guarantees for AI startup Anthropic’s use of a massive new Texas data center campu...
Intel Grants Rare Atom Access to Startup Run by CEO Tan’s Co-Investor
Intel is giving a stealthy startup named RosaicLabs access to its low‑level Atom processor blueprints. The company is ru...
Citi Slashes Coinbase Price Target 41% But Keeps Buy Rating Ahead of Q2 Results
Citi’s revised target of $235 follows lowered expectations for trading revenue, but subscription income and possible cry...
Amazon, Walmart AI Spots 'Made in USA' Fraud but Business Logic Keeps It Silent, Study Finds
A Columbia Law School think tank run by ex-FTC chief Lina Khan reveals that Amazon's Alexa and Walmart's Sparky can dete...
Deutsche Bahn returns to profit as 'super construction year' brings more disruption
First-half net profit of €147m masks struggles as only 59% of long-distance trains ran on time and record investment hit...
Jersey Mike’s Valued at $6.7 Billion After Shares Slip 8.7% in NYSE Debut
Jersey Mike’s shares opened well below the IPO price, valuing the sandwich chain at $6.7B in a closely watched debut tha...
Goldman Sachs ordered to pay £1.45m over parental leave discrimination
A London tribunal ruled that the bank unfairly dismissed Jonathan Reeves and contributed to stigma across the financial ...
thyssenkrupp nucera shares gain 3.25% as Q3 loss narrows to €2m
The electrolysis specialist benefited from early revenue on large chlor-alkali projects, beating expectations despite a ...
Bradesco to Issue R$10bn in New Shares: What It Means for Existing Investors
Brazil's second-largest private bank is raising up to R$10 billion through a rights offering. The move dilutes non-parti...
Amper Buys German Energy Tech Firm Freqcon for €1.7M, Bolstering Defence Push
Spanish defence and technology group Amper acquires German energy conversion company Freqcon from insolvency, adding dua...
Heidelberg Materials Price Target Cut to €286 as Jefferies Stays Bullish After Q2 Results
Jefferies lowers Heidelberg Materials target by €4 but expects rising volumes, pricing power, and cost cuts to revive se...