A former high-ranking Starbucks executive has filed a lawsuit alleging wrongful termination after raising alarms about critical safety and hygiene issues with the company's new 'Siren System' equipment, including maggot infestations and fire hazards.
Zeta Global Holdings saw its stock price drop over 11% this week, caught in a broader market retreat from AI-related names. The sell-off comes despite the company reporting continued momentum in its AI-powered marketing platform and enterprise deal flow, highlighting a disconnect between sector sentiment and business fundamentals.
Once a darling of the luxury retail sector, Canada Goose Holdings has seen its share price plummet over two-thirds in five years, underperforming the broader market and raising questions about its post-pandemic strategy and brand resilience.
Corning Inc. has inked a major supply agreement with Meta to provide optical fiber for its AI data centers, while simultaneously joining a U.S.-backed initiative to secure critical mineral supplies, positioning the materials science leader at the nexus of technology and national security.
Bitcoin plunged to a multi-month low near $72,900, triggering a broad crypto sell-off. Analysts point to a confluence of technical breakdowns, altcoin weakness, and macro uncertainty pressuring digital asset markets.
Block launches Bitcoin payments for U.S. small businesses via Square, enabling seamless crypto-to-cash conversion. The move coincides with ARK Invest's significant share purchases, highlighting institutional interest in fintech firms bridging traditional commerce and digital assets during market uncertainty.
Thomson Reuters is aggressively deploying its own AI tools across tax and legal workflows, even as new competitive threats from AI startups challenge its core franchises. The company's strategy hinges on leveraging its deep proprietary data and entrenched customer relationships to navigate a period of rapid technological disruption.
The cloud contact center specialist Five9 saw its shares tumble as a broad sell-off hit software stocks, fueled by investor concerns over AI's disruptive impact on traditional SaaS models. With its stock trading at a significant discount to analyst targets, the market is questioning whether this represents a buying opportunity or reflects deeper growth anxieties.
Boston fintech startup EnFi has closed a $15 million funding round led by Fintop to expand its AI-powered credit decisioning agents. The technology aims to address a critical staffing shortage at regional banks, enabling them to process more loan applications efficiently and compete with larger institutions.
Medical apparel brand FIGS extends its role as official outfitter for Team USA's medical staff through the 2028 Games, launching a new campaign with Olympian Lindsey Vonn. The move aims to solidify its brand identity with healthcare professionals on a global stage.
Upstart Holdings' fair value estimate holds near $56.64, reflecting a market balancing act between the promise of its generative AI underwriting platform and persistent worries over credit quality and economic headwinds.
After a significant share price pullback from multi-year highs, Super Micro Computer (SMCI) presents a complex picture for investors. While long-term returns remain stellar, recent momentum has faded, raising questions about whether the stock is now trading at a discount or if the market is pricing in heightened risks.
Monolithic Power Systems (MPWR) is capitalizing on surging demand from AI data centers and the automotive sector, with both segments now forming a larger part of its revenue mix. The company is also rewarding shareholders through significant buybacks and a dividend hike, signaling confidence in its financial health and growth trajectory.
PayPal Holdings has named board chair and former HP Inc. chief Enrique Lores as its new CEO, replacing Alex Chriss after just over two years. The leadership shakeup follows disappointing earnings, heightened competition, and board concerns over the pace of execution.
Darden Restaurants announces the phased closure of all 28 remaining Bahama Breeze locations, with Florida's 15 outposts slated for shutdown or conversion by 2026, marking the end of an era for the Caribbean-themed chain.
Lawmaker Ahmed Saidani was arrested Wednesday, colleagues confirm, amid a widening campaign against dissent targeting critics of President Kais Saied's administration.
Aerospace supplier TransDigm Group kicked off fiscal 2026 with robust earnings, exceeding expectations and raising its full-year guidance. The company also announced a flurry of acquisitions totaling over $3.2 billion, signaling aggressive growth in proprietary aerospace components and aftermarket parts.
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, is closing all 28 Bahama Breeze locations. While 14 restaurants will be converted to other brands in its portfolio, the move marks the end of the tropical-themed casual dining chain.
AI chip challenger Cerebras Systems has nearly tripled its valuation in just over four months, raising $1 billion in a late-stage round led by Tiger Global. The massive funding underscores the fierce competition and strategic maneuvering in the high-stakes AI infrastructure sector.
Automotive seating giant Adient plc kicked off its fiscal 2026 with a resilient performance, overcoming supply chain disruptions to post a 4% revenue increase. The company raised its annual guidance, citing a robust pipeline of onshoring opportunities in the Americas and strong growth in China.
