Business

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.

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.

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.

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.

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.

Hong Kong Stocks Extend Rally on Hopes of US Tariff Cuts Ahead of Trade Talks

Hong Kong stocks extended their winning streak to a seventh consecutive session on Friday, marking the longest rally in over a year, as investor...

Alibaba Refocuses on Core Businesses Amid Internal Integration and AI Push

Alibaba Group is refocusing its operations by fostering internal collaboration across its various business units and emphasizing core strategic priorities, particularly in e-commerce and...

Global Tungsten Industry Faces Shake-Up as China Tightens Export Controls

Tungsten producers in developed countries, especially those tied to the defence sector, are facing urgent supply chain disruptions after China abruptly halted exports of...

Nvidia to Launch Downgraded H20 AI Chip in China Amid Export Curbs

Nvidia is preparing to launch a downgraded version of its H20 artificial intelligence chip in China within the next two months, in response to...

Asia’s Wealthy Shift Investments Away from U.S. Amid Tariff Uncertainty

Some of Asia’s wealthiest families are significantly reducing their exposure to U.S. investments, citing increased unpredictability following President Donald Trump's tariff policies. One major...

Bitcoin Surges Past $100,000 as U.S.-UK Trade Deal Calms Market Fears

Bitcoin soared above the $100,000 mark on Thursday for the first time since early February, propelled by renewed investor optimism following a significant trade...

China’s April Export Growth Surpasses Expectations Amid Tariff Tensions

China’s exports in April outperformed expectations, driven by a rush from overseas manufacturers to secure goods ahead of a looming U.S. tariff deadline. Outbound...

Oil Prices Rise on Trade Optimism and Geopolitical Tensions

Oil prices edged higher on Friday, building on a 3% surge from the previous session, as easing trade tensions between the United States and...

Mitsubishi Heavy Projects Profit Growth Despite Tariff Risks and Missed Estimates

Mitsubishi Heavy Industries is forecasting a 9.6% increase in operating profit for the fiscal year ending March 2026, driven by strong demand in the...

China’s Soybean Imports Drop to Decade Low Amid Delays and Trade Tensions

China’s soybean imports in April fell to their lowest level in a decade, reaching just 6.08 million metric tons—a 29.1% drop compared to the...

Commerzbank Posts Strong Quarterly Profit, Fending Off UniCredit Takeover

Commerzbank has posted a nearly 12% rise in net profit for the first quarter, reaching 834 million euros ($936 million), surpassing the forecast of...

China Confident in Managing U.S. Trade Issues Amid Ongoing Tariff Disputes

China has expressed full confidence in its ability to handle ongoing trade issues with the United States, according to Vice Foreign Minister Hua Chunying....

IAG to Order 53 New Long-Haul Aircraft from Airbus and Boeing

IAG, the parent company of British Airways, has announced plans to place an order for 53 new long-haul aircraft from Airbus and Boeing. The...

Nippon Steel Reports Decline in Net Profit Amid Challenging Year

Nippon Steel, Japan's leading steelmaker, reported a net profit of 350.2 billion yen ($2.41 billion) for the fiscal year ending in March, representing a...

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