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1428 articles
Adidas's Record $7.7B Quarter Turns Sour as $1B Marketing Splurge Hits Profit
Adidas posted its highest ever quarterly sales, fueled by a $1 billion World Cup marketing blitz, but a 30% surge in spe...
Why Advertising Holdcos Are Treating AI Compute Tokens Like Media Inventory
Facing mounting AI infrastructure costs, holding companies are bundling bulk token purchases into principal media contra...
L'Oréal Becomes Exclusive Beauty Partner of Plenitude Arena in a Two-Year Brand Push
The French cosmetics giant will activate its 40-brand portfolio at Europe's largest indoor venue through immersive exper...
Shein’s Hong Kong IPO Filing Exposes Collapsing Growth, Soaring Costs and a Fading Fast-Fashion Model
The fast-fashion giant’s prospectus reveals an 8% revenue crawl, plunging ARPU and AOV, and a cost structure under siege...
Zhejiang Regulator Forces Shenqqu Stakeholders to Complete Profit Compensation
Shanghai Yaoruri and Yiyusheng Haver Not Honoured Share Compensation Awards after Shenqqu Tech's 2020 Profit Shortfall, ...
AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts
Investors are no longer rewarding AI ambition with blind capital. As Alphabet, Tesla and Intel report, the market demand...
Apple Slides After Chip Shortage Hits Sales Forecast, Posing Early Test for Incoming CEO Ternus
Apple’s weak sales outlook, driven by component shortages and rising memory costs, sent shares down 6% after hours. With...
Changcheng Precision Returns to IPO With Shrinking Margins and an Ambitious Expansion Bet
Three-time domestic champion in niche bearings pivots to ChiNext, but slipping margins, overseas losses, and a capacity ...
Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn
Amazon shares surged after Q2 revenue topped estimates and AWS growth accelerated to 37%. But free cash flow turned nega...
Vale Profit Falls 35% as Derivatives Hit Overshadows Surging Copper and Iron Ore Volumes
Vale’s Q2 net profit missed estimates on mark-to-market derivative losses and tax charges, but the miner raised copper a...
Zuckerberg's Emotional Video Fails to Reassure Investors as Meta Profit Slumps and Stock Tumbles
Meta's quarterly profit plunged and spending surged, driving a sharp stock selloff. CEO Mark Zuckerberg launched a perso...
Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High
AWS revenue surged 37% to $42.2bn, lifting Amazon’s overall sales to $200.6bn. Strong AI demand and Anthropic stake boos...
SK Hynix Wins 100% Buy Ratings on Wall Street as ADR Debut Lags Seoul Shares
Six banks initiated coverage with buy ratings and an average 75% upside target, while Barclays outlines a share buyback ...
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...