Business

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

NBA Suspends Clippers Owner Ballmer, Strips Five Draft Picks Over Kawhi Deal

The NBA suspended Clippers owner Steve Ballmer for one year, stripped five first-round draft picks and fined the team $30 million over the Kawhi Leonard ca

Microsoft Affirms Commitment to European Laws Amid Big Tech Scrutiny

Microsoft's President, Brad Smith, reiterated the company’s respect for European laws, including the landmark Digital Markets Act, which seeks to limit the power of...

Hedge Funds Pull Back from European Stocks Amid Trade Concerns

In the largest sell-off of European stocks by hedge funds in a decade, investors pulled back significantly during March and April, according to a...

Trump Softens Auto Tariffs Amid Economic Concerns

President Donald Trump signed two executive orders to ease the impact of his auto tariffs, offering credits and relief from other levies on materials....

U.S. Economy Faces Slowdown Amid Trump’s Tariff Policies

The U.S. economy likely faced a slowdown or even contraction in the first quarter, impacted by a surge in imports as businesses sought to...

TikTok Dominates Short-Form Video Market Amid Growing Competition

TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...

Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny

Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...

Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns

The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...

IBM to Invest $150 Billion in U.S. Manufacturing and AI Advancements

IBM has committed to investing $150 billion in the U.S. over the next five years, with more than $30 billion dedicated to advancing the...

Veza Raises $108 Million to Expand AI-Powered Access Management Solutions

Veza, a software company specializing in managing internal technology access within organizations, has raised $108 million in a funding round led by New Enterprise...

Palo Alto Networks to Acquire Protect AI for Enhanced AI Security

Palo Alto Networks has announced its plans to acquire Protect AI, a startup focused on securing artificial intelligence (AI) and machine learning (ML) applications,...

Spotify Pays Over $100 Million to Podcast Creators in Q1 2025

In the first quarter of 2025, Spotify paid more than $100 million to podcast creators across the globe, demonstrating the platform’s significant investment in...

Palantir Surges Amid Tech Struggles in 2025, Outperforming Rivals

In 2025, tech stocks have faced significant challenges, with concerns about recession and trade wars dampening investor confidence in riskier assets. However, Palantir has...

Google Spends $8.27 Million on Sundar Pichai’s Security in 2024

In 2024, Google spent $8.27 million on personal security for CEO Sundar Pichai, marking a nearly 22% increase from $6.78 million in 2023, according...

U.S. Risks Falling Behind China in Quantum Computing Race, Microsoft Warns

Microsoft President Brad Smith has warned that the United States must act swiftly to maintain its lead in the global race for quantum computing...

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