Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Paramount Skydance Lifts Profit Outlook, Stays Confident on Warner Bros. Merger

Paramount Skydance lifted its full-year profit guidance and reaffirmed confidence in its Warner Bros. Discovery merger as a judge set a March 2027 trial.

SpaceX Posts Revenue Surge in Debut Earnings on Strong Starlink Growth

SpaceX reported a sharp revenue rise in its debut quarterly earnings, driven by strong Starlink growth, after a turbulent post-IPO slump in its shares.

Leidos Raises Annual Forecasts on Robust Defense and Government Demand

Leidos Holdings has raised its full-year revenue and profit forecasts, citing sustained demand for defense, intelligence and government technology services

Shein Targets $30–40 Billion Valuation for August Hong Kong IPO

Shein is targeting a $30–40 billion valuation for an August Hong Kong IPO, a steep discount that has raised questions over whether the listing is necessary

Chipotle Pulls Jalapeños from Some Restaurants Amid US Salmonella Outbreak Probe

Chipotle has removed jalapeños from some US restaurants after identifying them as a possible source of a salmonella outbreak that has sickened about 100 pe

Pfizer Beats Profit Estimates, Targets $2.5 Billion in Fresh Cost Cuts

Pfizer topped quarterly profit forecasts and raised its 2026 guidance while targeting an additional $2.5 billion in cost reductions amid falling Covid sale

New Jersey Sues Amazon, Alleging Antitrust Abuses Over Delivery Contractors

New Jersey has filed an antitrust suit against Amazon, alleging its third-party delivery model drives down driver wages and suppresses competition.

Trump Criticizes Exxon and Chevron for High Profits, Demands Lower Gasoline Prices

President Trump criticized Exxon Mobil and Chevron for profiting from high oil prices during the Iran conflict, demanding lower gasoline costs for consumer

Merck Lifts Revenue Outlook on Strong Drug Sales but Trims Profit Forecast

Merck lifted its revenue outlook on strong new drug sales but trimmed its profit forecast to absorb charges tied to its Terns Pharmaceuticals acquisition.

McDonald’s Sales Growth Slows as Budget-Conscious Diners Rein In Spending

McDonald's reported slower U.S. same-store sales growth as budget-conscious diners pulled back, with value deals failing to fully revive traffic.

Caterpillar Shares Surge on Record Revenue Driven by Data Center Demand

Caterpillar shares jumped after reporting record $20.5 billion in quarterly revenue, driven by strong demand from data center and energy infrastructure bui

Spotify Shares Slide as Profit Forecast Disappoints and User Growth Cools

Spotify shares fell after a weaker-than-expected profit forecast and slowing user growth in North America and Europe rattled investors.

McDonald’s Names Skye Anderson US President as Domestic Sales Growth Slows

McDonald's has named 26-year veteran Skye Anderson as president of its US business as domestic sales growth slows and Q2 profit beats estimates.

Robinhood Shares Rally After Earnings Beat Reinforces Growth Momentum

Robinhood Markets shares surged after quarterly earnings topped Wall Street expectations, reinforcing confidence in the trading platform's diversified grow

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