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Disney reports quarterly earnings before the bell Wednesday and will host a call with investors at 8:30 a.m. ET. Wall Street expects earnings per share of $1.86 and revenue of $25.4 billion, according...
Advanced Micro Devices (NASDAQ: AMD) delivered the sort of quarter that normally sends a semiconductor stock higher. The chipmaker posted record revenue, earnings above expectations, data-centre sales...
The next test for SpaceX investors following its first earnings report as a public company comes on Thursday, when as many as 912 million shares held by employees and other pre-IPO stakeholders becom...
US stocks have started August at record levels, but the benchmark S&P 500 index faces a “critical” technical test before investors can declare a sustainable breakout. The stock market has regained opt...
The environmental regulator in Australia's Northern Territory charged Japanese energy giant Inpex in court on Wednesday with under-reporting emissions from its Ichthys liquefied natural gas (LNG) pl...
General Motors said on Tuesday it had renewed its joint-venture agreement with China's SAIC Motor for 20 years after a lengthy restructuring in the Chinese market that included plant closures and the...
General Motors and China's SAIC Motor have extended their joint venture by 20 years, to 2047. GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrole...
Samsung Electronics and SK Hynix are evaluating chipmaking equipment from China's Advanced Micro-Fabrication Equipment (AMEC) for possible use at their Chinese factories, three people familiar with t...
LoanDepot's recent expansion into home equity lending paid off in the second quarter, driving unit volume growth of 25% and revenue growth of 18% compared to the first quarter, the company said in a T...
In addressing Wall Street for the first time since SpaceX's IPO, executives tried to make the case that hefty AI investments are paying off within a year. CFO Bret Johnsen said that in the first few w...
A U.S. appeals court overturned a March ruling that temporarily barred Perplexity's artificial intelligence-powered agentic shopping tools from accessing Amazon's platform, Reuters reported Tuesday (A...
Oil steadied on Wednesday after steep falls in the previous two trading sessions, as investors waited to see if efforts to end the U.S.-Iran war and restore traffic through the blockaded Strait of Ho...
Samsung's recent announcements that it is adding stablecoin support to new smartphones and that it acquired a stake in cryptocurrency exchange operator Dunamu suggest the company is positioning itself...
SpaceX as soon as this month aims to launch its next Starship flight test, sending its first upgraded Starlink satellites into orbit and then returning the massive rocket system's upper stage to lan...
The Elon Musk-led rocket company spent $15.8 billion on AI projects in the second quarter and doesn't plan to slow down.
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks. Shares of SoftBank surged more than 10%.
Pinterest set out to reinvent itself as an artificial intelligence-driven shopping destination, and its second quarter results suggest the strategy is working. Revenue topped $1 billion for the fourth...
SpaceX's Starlink Mobile provides cellular coverage in dead zones and during network outages. The company has plans to turn Starlink Mobile into a full-fledged wireless carrier.
SpaceX's ambition to build a full-fledged mobile service rattled investors in the U.S. wireless sector on Tuesday, as the company outlined plans that could eventually pit Starlink against industry l...