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

Caterpillar Shares Fall on Downgrade as Data Center Buildout Doubts Mount

Caterpillar shares dropped after a downgrade raised concerns its data-center-driven rally has outpaced fundamentals, with investor Michael Burry betting ag

Ford’s Big-Truck Bet Draws Fresh Wall Street Attention as Turnaround Takes Shape

Ford's focus on high-margin trucks and its Ford Pro commercial unit is drawing renewed Wall Street interest, signaling a possible turnaround for the automa

Robinhood Posts Record Quarterly Revenue as Market Volatility Fuels Trading Surge

Robinhood reported record quarterly revenue as market volatility fueled a trading surge, with prediction-market revenues climbing roughly tenfold.

Wall Street Analysts Turn Bullish on Dividend Stocks for Steady Passive Income

Top Wall Street analysts are recommending select dividend stocks as reliable passive-income plays amid a busy earnings season and fresh rating changes.

Amazon Posts Strong Q2 Profits as AWS Cloud Growth Accelerates to 18-Quarter High

Amazon reported net income of $62.65 billion and net sales of $200.6 billion in Q2, with AWS cloud revenue rising 37% amid strong AI demand.

Microsoft Rally Lifts Wall Street on Record Cloud Revenue, Offsetting Fed Jitters

Microsoft shares surged on a strong quarter and record cloud revenue, helping offset Fed uncertainty as Quanta and Huntington Ingalls also gained.

Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Fixed-Income Deal

Intercontinental Exchange will acquire MarketAxess Holdings in a $5.7 billion deal to expand its fixed-income and electronic bond trading operations.

Capital One Says It Closed Trump Organization Accounts After Money-Laundering Review

Capital One says it closed the Trump Organization's accounts after an anti-money-laundering review, the first bank to tie such concerns to Trump's business

EU Clears $55 Billion Electronic Arts Buyout Led by Saudi Arabia’s Wealth Fund

The European Union has cleared the $55 billion take-private acquisition of Electronic Arts led by Saudi Arabia's Public Investment Fund, Silver Lake and Af

Rivian Trims 2026 Spending and Narrows Loss Guidance in Second-Quarter Results

Rivian scaled back its 2026 capital spending and narrowed its projected losses as the EV maker reported second-quarter results amid sector pressures.

Oil Giants Set to Report Bumper Profits as US-Iran Conflict Drives Up Fuel Prices

Exxon Mobil and Chevron are expected to report strong Q2 profits as the US-Iran conflict disrupted Strait of Hormuz shipments and drove fuel prices higher.

Citadel Acquires Bulk of Situational Awareness’s Stock Portfolio After AI Losses

Citadel has acquired most of Situational Awareness's stock holdings after the fund suffered heavy losses tied to a decline in AI shares.

Aschenbrenner’s AI Hedge Fund Faces Margin Calls, Drawing Comparisons to LTCM Collapse

Leopold Aschenbrenner's AI hedge fund Situational Awareness faces margin calls after a 439% surge, drawing comparisons to the 1998 collapse of LTCM.

Ferguson Enterprises Shares Surge on S&P 500 Inclusion, Edging Out Bigger Names

Ferguson Enterprises stock rallied more than 8% after the Virginia-based industrial distributor was named the newest addition to the S&P 500 index.

- A word from our sponsors -

spot_img

Follow us

HomeBusinessCompanies