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Micron Shares Rebound to Defy Memory-Chip Selloff as Wall Street Holds Firm

Micron Technology shares reversed sharp losses to finish higher, defying a memory-chip selloff that pressured rivals Sandisk and Western Digital as Wall St

Twilio Shares Surge 31% After Earnings Beat as AI Tools Gain Traction

Twilio stock jumped about 31% after a stronger-than-expected earnings report, driven by growing adoption of its AI-powered customer engagement tools.

FAA Orders Crack Inspections for Hundreds of Boeing 737 Max Jets

The FAA has finalized a directive requiring crack inspections for 471 Boeing 737 Max jets, effective September 10, following reports in older models.

Trump Administration Renews Push to Remove Fed Governor Lisa Cook Over Mortgage Claims

The Trump administration has revived its push to remove Fed governor Lisa Cook over mortgage claims, giving her until August 26 to respond.

US Economy Sheds 23,000 Jobs in July as Rate Hike Bets Fade

The US economy lost 23,000 jobs in July as labour force participation slumped, prompting markets to cut bets on a September Federal Reserve rate hike.

J.P. Morgan Private Bank Launches Lifestyle Services for Wealthy Clients

J.P. Morgan Private Bank is expanding its offerings beyond traditional wealth management by launching a new lifestyle service for its affluent clients. The program...

United Airlines Expands Faster Than Rivals Despite Industry Headwinds

An oversupply of flights in the market has pressured airlines to slash fares this year and temper their growth ambitions. Yet United Airlines continues...

Versant Strikes Media Rights Deal with League One Volleyball

Versant, the Comcast spinoff set to launch as a standalone company in 2026, has secured a multiyear media rights deal with League One Volleyball...

Josh Harris Rules Out Public Offering for $14.58B Sports Empire

Over the last decade, private equity investor Josh Harris has built one of the most influential sports ownership conglomerates in the world. Through Harris...

NHL Players to Return for 2026 Winter Olympics in Milan

The 2026 Winter Olympics in Milan will mark the long-awaited return of NHL players to Olympic competition for the first time in 12 years,...

Eli Lilly to Build $5 Billion Cancer Drug Plant in Virginia

Eli Lilly announced on Tuesday that it will invest $5 billion to build a new manufacturing facility in Goochland County, Virginia, aimed at boosting...

Mortgage Rates Drop Sharply Ahead of Anticipated Fed Cut

Mortgage rates saw a sharp decline on Tuesday, dropping to levels not seen since late 2022, as investors in mortgage-backed securities positioned themselves ahead...

Huawei Launches Mate XTs Trifold Smartphone with Innovative Design

Huawei has unveiled the second generation of its trifold smartphone, the Huawei Mate XTs, as the company seeks to strengthen its position in China...

JetBlue Teams Up with Amazon’s Project Kuiper for High-Speed In-Flight Wi-Fi

JetBlue Airways has announced plans to equip roughly a quarter of its fleet with Amazon’s Project Kuiper satellite technology to enhance in-flight Wi-Fi, with...

Atlassian Acquires AI Browser Startup The Browser Co. for $610 Million

Atlassian has announced its acquisition of The Browser Co., an AI-focused web browser startup, for $610 million in cash, with the deal expected to...

Figma Shares Drop 20% Following First Post-IPO Earnings Report

ChatGPT said: Figma’s stock experienced a dramatic decline of nearly 20% on Thursday, hitting its lowest level since the company went public in July. The...

Salesforce Stock Falls After Q2 Earnings Despite AI Growth

ChatGPT said: Salesforce faced another setback as its stock dropped nearly 5% following a cautious revenue forecast in its latest quarterly earnings report, extending its...

Sierra AI Startup Reaches $10 Billion Valuation After $350M Funding

Bret Taylor’s artificial intelligence startup, Sierra, has reached a milestone with a $10 billion valuation after securing $350 million in new funding. This places...

Waymo to Launch Autonomous Robotaxi Service at San Jose Airport

Alphabet’s autonomous vehicle unit, Waymo, is preparing to launch test rides for its robotaxis at San Jose Mineta International Airport in California this fall....

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