NXP Semiconductors surpassed Q4 revenue forecasts, fueled by a rebound in automotive and industrial demand. However, the chipmaker's strategic retreat from certain businesses and lingering market skepticism tempered the upbeat results, as shares dipped post-earnings.
Disney Chairman James Gorman reveals the board swiftly dismissed the idea of appointing co-CEOs, opting instead for a clear leadership structure with Josh D’Amaro as CEO and Dana Walden as President. Gorman, drawing from his Morgan Stanley experience, argues shared CEO roles are ‘generally pretty fraught’ despite rare successes.
Despite a historic rally and technological promise, XRP faces an uphill battle against entrenched financial networks and regulatory headwinds, casting doubt on its potential for delivering life-altering returns in the near term.
A wave of selling pressure hit software stocks Thursday morning, dragging down shares of companies like Atlassian, MongoDB, Datadog, and Elastic. The decline reflects a broader market pivot as investors reassess traditional SaaS models in the face of accelerating AI integration.
Netflix shares have tumbled 24% over the past three months, reigniting the perennial debate on Wall Street: is the recent weakness a buying opportunity or a sign of deeper challenges? Analysts are divided as the company grapples with content costs and international hurdles.
Moderna's fair value estimate has been revised upward by analysts, reflecting a cautiously optimistic reassessment of its long-term revenue potential amid evolving views on its drug pipeline and commercial execution.
Elon Musk has reaffirmed plans for a SpaceX mission to place a Dogecoin token on the moon, sparking renewed interest in the meme cryptocurrency ahead of the company's anticipated public offering.
A wave of selling pressure hit the software sector Wednesday morning, dragging down shares of prominent SaaS providers. The sell-off reflects a broader market pivot as investors reassess holdings in light of the accelerating AI revolution, favoring firms with deeply integrated artificial intelligence capabilities over traditional software models.
Disappointing Q4 results from industry bellwether Gartner triggered a broad market selloff in the IT services and consulting sector, with shares of EXL and TransUnion among the notable decliners as investors reassess growth prospects.
With a blockbuster portfolio and a pipeline brimming with potential, Axsome Therapeutics is proving its five-year market surge may be only the beginning. Analysts point to label expansions and untapped markets as key drivers for the next phase of growth.
Shares of the institutional crypto firm Galaxy Digital plunged after it reported a $482 million loss for the fourth quarter, driven by a sharp decline in the value of its digital asset holdings and investment portfolio.
AIxCrypto (AIXC) and the Sei Development Foundation have entered a strategic collaboration aimed at exploring the integration of artificial intelligence with high-performance blockchain infrastructure, targeting the next wave of decentralized applications.
AIxCrypto announces a dual milestone: its AIxC Hub platform has exceeded one million registered wallets, coinciding with the finalization of a $10 million strategic equity investment into EV maker Faraday Future, signaling a deeper push into blending traditional finance with digital ecosystems.
Major corporations, from Pfizer to Amazon, are increasingly turning to flexible workspace providers to establish satellite offices, driving significant expansion in the sector despite a broader office market recalibration.
A tense exchange at the World Economic Forum between Coinbase's Brian Armstrong and JPMorgan Chase's Jamie Dimon has laid bare the deepening conflict between traditional finance and the crypto industry. The core dispute revolves around stablecoin yields, regulatory oversight, and who gets to control the next evolution of the financial system.
Britain's Information Commissioner's Office has opened a formal investigation into X and its AI chatbot Grok, focusing on the alleged use of personal data to create non-consensual sexualized imagery, including of minors.
Siemens Energy's fair value estimate has been revised upward by analysts, reflecting a more optimistic outlook driven by stronger demand signals, though questions over operational execution continue to temper expectations.
Dutch authorities have initiated a formal investigation into Roblox (NYSE:RBLX), examining potential risks to underage users and the platform's compliance with the EU's Digital Services Act. The probe, focusing on exposure to violent and sexual content, amplifies existing legal pressures from recent U.S. lawsuits and places the company's core safety and moderation systems under unprecedented regulatory glare.
The UK's tax authority has entered a strategic partnership with SAP to migrate its core Enterprise Tax Management Platform to the cloud, aiming to boost resilience, enable real-time analytics, and develop new AI tools for taxpayers.
The iconic New York bakery appoints former Jamba and Jimmy John's executive Nathan Louer to lead its next growth phase, while longtime leader Bobbie Lloyd transitions to chief brand officer.
