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

Walmart and Target Earnings to Reveal Health of U.S. Consumer

Walmart and Target report quarterly earnings that will signal how U.S. shoppers are holding up against persistent inflation and shifting spending patterns.

Plug Power Stock Surges on Improved Margins as On Holding Tumbles

Plug Power shares jumped after improved margins in its latest quarterly results, while On Holding stock tumbled on disappointing guidance.

Trump Media Posts $238 Million Loss, Refocuses on Truth Social

Trump Media & Technology reported a $238 million second-quarter loss as new CEO Kevin McGurn steered the company back to social media from crypto and betti

Cardinal Health Stock Surges as Company Lifts Full-Year Profit Outlook

Cardinal Health shares jumped after the healthcare distributor reported mixed sales but lifted its full-year profit guidance, reassuring investors.

Barrick Settles Newmont Dispute, Clearing Path for Year-End Gold IPO

Barrick reached a deal with Newmont to combine North American mines, clearing the way for an IPO of its gold assets by year-end. Barrick shares fell.

SpaceX Stock Rebounds to Near $135 IPO Price After Strong Earnings

SpaceX shares climbed back toward their $135 IPO price after stronger-than-expected second-quarter revenue and a widely watched share unlock.

Tata Chairman Chandrasekaran to Step Down in February After Board Rift

Tata Group chairman N Chandrasekaran will not seek reappointment when his term ends in February, following tension with the controlling Tata Trusts.

Norway Wealth Fund Posts Record $184 Billion Profit, Warns of Tougher Times

Norway's $2.3 trillion sovereign wealth fund reported a record $184 billion profit and disclosed a SpaceX stake, but warned of tougher times ahead.

Definium Therapeutics Stock Jumps 20% on LSD Anxiety Drug Trial Success

Definium Therapeutics shares soared about 20% after positive Phase 3 results for its LSD-based anxiety treatment, a milestone for psychedelic medicine.

Goldman Sachs to Buy ETF Provider Neos in $2.3 Billion Deal

Goldman Sachs has agreed to acquire income-ETF provider Neos in a cash-and-stock deal worth up to $2.25 billion, expanding its asset management push.

Intuitive Surgical Stock Sinks 33% in 2026 as Oppenheimer Turns Bullish

Intuitive Surgical shares dropped 33% in 2026, but Oppenheimer turned bullish, arguing rivals are being crowded out of the robotic surgery market.

Reddit Joins S&P 500, Shares Jump 11% After Months of Speculation

Reddit will join the S&P 500, sending shares up about 11% after hours, though analysts flag concerns over its growth and AI-licensing revenue.

Ackman Rebuilds Netflix Stake, Adds Five New Holdings to Pershing Square

Bill Ackman's Pershing Square has re-entered Netflix and added five other new holdings over six months, reversing his 2018 exit from the streamer.

Bullish Stock Surges Despite $280M Q2 Loss and 44% Drop in Asset Sales

Bullish shares climbed after the crypto exchange operator reported a $280M Q2 net loss and a 44% drop in digital asset sales.

- A word from our sponsors -

spot_img

Follow us

HomeBusinessCompanies