Elon Musk's SpaceX moves to acquire AI firm xAI in a landmark deal, aiming to fuse space infrastructure with artificial intelligence. The strategic bet faces intense scrutiny as it ties SpaceX's government-contractor reputation to Grok's growing list of regulatory and safety controversies.
Crypto.com has launched a prediction market platform that, for the first time, allows retail users to trade on margin—a high-risk feature common in finance but unprecedented in regulated event betting.
Monday's trading session saw significant moves across sectors, from senior living to security systems, driven by analyst upgrades, strong earnings, and broader market pressures in tech and crypto.
Amid rising costs, scaling back retirement contributions may seem inevitable. Financial experts, however, urge savers to protect one key asset: the full company match, a move that could prevent significant long-term loss.
At the FreightWaves F3 Festival, Echo Global Logistics' Christopher Clemmensen detailed how a shift to private ownership fuels long-term tech investment and a customer-driven strategy, helping shippers navigate trade shifts, labor shortages, and sustainability pressures.
Arabica and robusta coffee futures tumbled to multi-month lows this week, pressured by favorable rains in Brazil's key growing region and rising exports from Vietnam, signaling a potential shift in global supply dynamics.
Crude oil and gasoline futures reversed early losses to trade higher Wednesday, buoyed by a weaker U.S. dollar and persistent geopolitical risks in the Middle East. Gains were tempered by hopes for diplomatic talks and increased supply from Venezuela.
Cuba's vital tourism industry has plummeted to one of its lowest levels in over two decades, dealing a severe blow to an economy already crippled by fuel shortages and power outages. The sharp decline in foreign visitors has intensified the nation's hard currency crisis, forcing diplomatic overtures amid deteriorating conditions.
Investment firm Bernzott Capital Advisors has significantly increased its stake in Silgan Holdings, a leading global packaging supplier, viewing the stock's recent 20% decline as a buying opportunity amidst broader market challenges.
Walmart's market capitalization has surged past $1 trillion, a historic first for a brick-and-mortar retailer, fueled by robust e-commerce growth, strategic AI adoption, and its resilience as a value leader in an uncertain economy.
The strategic acquisition significantly expands Clearstead's ultra-high-net-worth services and establishes a strong foothold in the competitive Pacific Northwest wealth management market.
U.S. equities retreated Tuesday, led by declines in major tech names, while gold and silver prices staged a partial recovery following last week's dramatic plunge. Corporate news included a leadership change at Disney and mixed earnings reports.
President Vladimir Putin confirmed Russia's economic expansion slowed sharply to 1% last year, a significant deceleration from previous years, as the country grapples with the dual pressures of sustained military spending and persistent inflation.
Shares of Centrus Energy rallied sharply Tuesday as details emerged that the Trump administration's ambitious $11.7 billion 'Project Vault' initiative will encompass uranium, positioning the company as a potential key beneficiary in the push for a domestic strategic reserve of critical minerals.
In a significant shift for global shipping, Germany's Hapag-Lloyd, in partnership with Maersk, will resume Red Sea and Suez Canal transits from mid-February under naval protection, ending a two-year diversion prompted by Houthi attacks. The move tests the waters for a broader industry return to the vital corridor.
Amidst volatile furniture market conditions, Flexsteel Industries reports a 9% rise in Q2 sales, driven by pricing actions and soft seating demand. While profitability improves, management warns of margin pressure ahead as higher-cost, tariff-laden inventory moves through the system.
Sartorius reports a return to 'normal' demand for consumables in its preliminary 2025 results, driving sales past €3.5 billion. While equipment investment remains subdued, strong recurring revenue and cost discipline fueled profit growth, setting a cautiously optimistic tone for 2026.
In a strategic shift, PepsiCo announces price reductions for popular snacks like Doritos and Cheetos in the U.S., responding to consumer backlash over high costs and adapting to market changes driven by weight-loss drugs.
As major miners retreat amid volatile markets, stablecoin giant Tether launches an ambitious software suite aimed at industrializing and streamlining Bitcoin mining operations worldwide.
Despite a challenging economic landscape marked by tariff pressures and soft MRO demand, W.W. Grainger reported resilient 2025 results, achieving 4.9% organic sales growth and strategic progress. The industrial supplies leader is doubling down on technology, supply chain expansion, and customer experience to drive market share gains in the coming year.
