Business
Labubu Dolls Redefine Luxury Fashion Through High-End Collaborations
Labubu dolls, once seen as quirky collectibles, have quickly become a luxury fashion phenomenon. Celebrities such as Blackpink’s Lisa have been spotted pairing the rabbit-like, jagged-toothed plush toys with...
New Vaccine Panel Recommendations Weaken Covid and Childhood Immunization Guidance
New recommendations from the Advisory Committee on Immunization Practices (ACIP), a federal vaccine panel...
Retailers Slash Seasonal Hiring to Lowest Level Since 2009
Seasonal hiring in the retail sector is on track to fall to its lowest...
Ford Offers Subprime Buyers Special Financing to Boost F-150 Sales
Ford Motor is ramping up efforts to drive sales of its flagship F-150 pickup...
New Home Sales Jump 20.5% in August Despite High Mortgage Rates
Sales of newly built homes surged 20.5% in August compared with July, marking the...
OpenAI Launches First European Stargate AI Data Center in Norway
OpenAI announced the launch of a Stargate-branded AI data center in Norway, marking its first such initiative in Europe. The project will be developed...
Meta’s Reality Labs Posts $4.5 Billion Loss in Q2 Amid AR/VR Expansion
Meta’s Reality Labs division, responsible for developing augmented and virtual reality technologies, reported an operating loss of $4.53 billion for the second quarter. The...
Qualcomm Beats Q3 Expectations and Projects Strong Outlook Despite Apple Phase-Out
Qualcomm reported fiscal third-quarter results that exceeded analyst expectations, delivering adjusted earnings per share of $2.77 on revenue of $10.37 billion. Both figures narrowly...
Arm Shares Drop Despite Meeting EPS Expectations Amid Strategic Shifts
Arm Holdings saw its shares fall by as much as 9% in after-hours trading following its fiscal first-quarter earnings release. The company reported adjusted...
Microsoft Hits $4 Trillion Market Cap After Strong Earnings, Joins Nvidia at the Top
Microsoft has surged into the exclusive $4 trillion market cap club, following a post-earnings rally that sent its shares soaring 8% in after-hours trading....
Figma Prices IPO at $33, Raising $1.2 Billion and Valuing Company at $19.3 Billion
Figma, the collaborative design platform, has officially priced its initial public offering at $33 per share, surpassing its projected range of $30 to $32....
eBay Shares Surge 10% After Strong Q2 Results and Positive Outlook
Shares of eBay jumped 10% in extended trading after the company posted stronger-than-expected results for the second quarter and issued an optimistic forecast for...
Mark Zuckerberg Commits to Sustained AI Investment Amid Industry-Wide Spending Surge
Meta CEO Mark Zuckerberg confirmed plans to maintain aggressive spending on artificial intelligence well into next year, aligning with similar moves by other leading...
Samsung Q2 Earnings Miss Expectations Amid Sharp Chip Profit Decline
Samsung Electronics reported a second-quarter operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst expectations due to a dramatic 93.8%...
Elon Musk’s Boring Company Faces Scrutiny Over Nashville Tunnel Project
Elon Musk’s tunneling company, The Boring Company, recently announced plans to build a 10-mile underground transit loop in Nashville, Tennessee, with strong backing from...
Nvidia Faces Heightened Scrutiny from China Amid H20 AI Chip Export Resumption
Nvidia has received approval from Washington to resume exports of its H20 AI processing units to China, yet the chips may encounter increased scrutiny...
Cinemark Expands Premium Screen Offerings Ahead of Major Film Releases
Cinemark, the third-largest cinema chain in the U.S., is gearing up for a surge in moviegoers by expanding its premium theater offerings. The company...
Ford Beats Q2 Revenue Expectations and Reinstates Full-Year Guidance Despite Tariff Challenges
Ford Motor reported second-quarter revenue that exceeded expectations and reinstated its full-year guidance, despite ongoing challenges from tariffs imposed by the U.S. government. The...
Justice Department Drops Charges Against Fat Brands and Chair Andy Wiederhorn
The Justice Department has decided to drop its case against Fat Brands and its chairman Andy Wiederhorn, ending a federal prosecution that began in...
