Business

Fiserv shares dropped after the fintech company cut its full-year outlook and warned that organic revenue growth could turn negative in 2026.

Business Lynn Hatem -

Fiserv Shares Slide as Fintech Cuts Outlook, Warns of Possible Revenue Decline in 2026

Fiserv shares dropped after the fintech company cut its full-year outlook and warned that organic revenue growth could turn negative in 2026.

Business Lynn Hatem -

FDA Approves Moderna’s mFlusiva, the First mRNA Flu Vaccine for Older Adults

The FDA has approved mFlusiva, Moderna's mRNA-based flu shot for adults 50 and older, the first influenza vaccine built on mRNA technology.

Business Lynn Hatem -

DoorDash Stock Surges as Analyst Projects 45% Upside on Growing Order Volume

DoorDash shares jump as analyst Mark Mahaney projects 45% upside, citing growing order volume and an expanding subscriber base for the delivery platform.

Business Lynn Hatem -

Versant Raises 2026 Outlook as Platforms Business and Advertising Drive Earnings Beat

Versant Media raised its full-year 2026 guidance after a Q2 earnings beat driven by growth in its platforms segment and stronger advertising revenue.

Business Lynn Hatem -

Latest

U.S. Consumer Prices Show Moderate Rebound in April Despite Tariff Concerns

In April, U.S. consumer prices saw a modest rebound, increasing by 0.2% after a decline in March, marking the first dip since May 2020....

Telefonica Reports €1.3 Billion Loss in Q1 After Write-Downs on Latin American Sales

Telefonica, the Spanish telecom giant, reported a net loss of 1.3 billion euros ($1.45 billion) for the first quarter of the year, primarily due...

China and Colombia Sign Joint Cooperation Plan on Belt and Road Initiative

China and Colombia have officially signed a joint cooperation plan under the Belt and Road Initiative (BRI), strengthening their growing economic and strategic ties....

CATL to Price Shares at HK$263 in Hong Kong Listing, Raising $4 Billion

Chinese battery manufacturer CATL is preparing to price its shares at HK$263 ($33.70) each for its Hong Kong listing, according to sources familiar with...

Global EV Sales Rise 29% in April Despite Trade Tensions

In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...

Sony Forecasts Stable Profit Despite Trade War Impact and Gaming Decline

Sony has projected a slight increase in its operating profit for the financial year ending in March, with expectations of a 0.3% rise to...

NOYB Threatens Legal Action Against Meta Over AI Data Use

NOYB, an Austrian privacy advocacy group led by Max Schrems, has announced its intention to seek an injunction against Meta Platforms, potentially resulting in...

Asian Stocks Rise as U.S. Inflation Data Fuels Optimism for Rate Cuts

Stocks across Asia rose on Wednesday, while the U.S. dollar showed signs of weakness, as relatively tame U.S. inflation data bolstered hopes for interest...

Global Markets Watch for Trade Deals and Economic Data

Global equity markets have regained much of the losses from the past six weeks since U.S. President Donald Trump imposed tariffs, leaving investors anxiously...

Nvidia to Sell Over 18,000 AI Chips to Saudi Arabia’s Humain

Nvidia CEO Jensen Huang announced that the company will sell over 18,000 of its advanced Blackwell AI chips to Humain, a Saudi Arabian company....

Elon Musk Announces Starlink Approval for Aviation and Maritime Use in Saudi Arabia

Elon Musk announced that Saudi Arabia has approved his satellite internet service, Starlink, for aviation and maritime use in the region during a White...

Airbnb Unveils Redesigned App with Expanded Services for Travelers

Airbnb has introduced a redesigned app, signaling the company’s ambitious move to broaden its offerings beyond home rentals. This update is part of Airbnb’s...