Alphabet's planned $13 billion investment in Waymo, valuing the self-driving unit at $110 billion, challenges the long-held view of its moonshot projects as mere financial drains and positions autonomous driving as a core future asset.
German biotech firm AMSilk partners with Italian mill Pure Denim to launch a new category of high-performance, sustainable denim infused with lab-grown spider silk proteins, targeting the luxury market with enhanced comfort and eco-credentials.
Heightened volatility and extreme fear grip the crypto market, setting the stage for potential mass liquidations in SOL, HYPE, and TRX. Traders on both sides of the fence are bracing for impact.
A retrospective analysis reveals the staggering returns from Warren Buffett's key 2016 investments, with a stake in Apple vastly outperforming his own conglomerate and the broader S&P 500 index over ten years.
The iconic outdoor apparel brand Eddie Bauer is preparing to file for Chapter 11 bankruptcy and close its physical stores across the U.S. and Canada, marking a decisive shift to a digital-first future while retaining some international retail presence.
Despite a significant lag behind the broader market over the past year, analysts maintain a cautiously optimistic stance on Copart's long-term prospects, even as near-term headwinds persist.
As Amgen prepares to report earnings, analysts are divided on the stock's trajectory. While strategic acquisitions and a solid track record fuel optimism, looming competitive pressures and a key pipeline wait temper expectations.
Recent financial disclosures reveal significant repositioning by Speaker Emerita Nancy Pelosi and her husband in tech giants Nvidia, Apple, and Alphabet, sparking investor interest in their strategy of locking in gains while maintaining bullish exposure.
Tenet Healthcare has regained complete ownership of its revenue cycle management subsidiary Conifer, buying out CommonSpirit Health's minority stake in a deal valued at nearly $2.7 billion. The move signals Tenet's renewed commitment to the business and plans for significant AI investment.
After years of aggressive rate hikes blamed for stifling manufacturing and squeezing truckers, the nomination of Kevin Warsh to lead the Federal Reserve suggests a pivotal policy shift. This analysis examines the toll of recent monetary policy on the freight sector and what a Warsh-led Fed might mean for its recovery.
The Walt Disney Company's latest quarterly results surpassed Wall Street's modest expectations, yet its stock failed to rally. While its Experiences division continues to be a profit powerhouse and streaming turns a corner, broader challenges and a shrinking 'beat' margin leave investors watching for a catalyst.
Beijing has lowered punitive tariffs on key EU dairy products, offering some relief to exporters like Arla and Lactalis. While welcomed as a de-escalation, European trade bodies argue the remaining duties are unjustified and call for continued negotiations to resolve the trade dispute.
From Denny's to Outback Steakhouse, a wave of closures is sweeping through America's familiar dining landscape. Experts point to a perfect storm of inflation, shifting consumer habits, and financial pressures reshaping where we eat.
Despite recent turbulence, Boeing shares have climbed over 30% in the past year, outpacing the S&P 500. Analysts remain largely bullish, citing a record backlog and strategic moves, though some caution lingers over execution and supply chain hurdles.
Despite a challenging year marked by a steep sell-off after disappointing Medicare rate updates, analysts are showing tentative signs of increased confidence in the managed care giant, though a consensus 'Hold' rating prevails.
Pharmaceutical giant Eli Lilly is investing $3.5 billion to build a new manufacturing facility in rural Pennsylvania, marking its latest move in a massive U.S. expansion aimed at meeting soaring demand for next-generation obesity treatments and capitalizing on reshoring incentives.
A Russian cargo ship captain has been found guilty of gross negligence manslaughter after his vessel collided with an anchored oil tanker in the North Sea, resulting in a fiery blaze and the death of a Filipino crew member whose body was never recovered.
The investment fund sold $3.87 million worth of shares in the Argentine bank, reflecting a strategic portfolio adjustment as the lender navigates a challenging economic environment.
AIGH Capital Management has liquidated its entire position in semiconductor firm MaxLinear, a move that coincides with the chipmaker's recent strong quarterly earnings report, raising questions about the fund's strategy.
The Walt Disney Company posted a mixed fiscal first quarter, with its Experiences division reaching an unprecedented $10 billion in revenue. While streaming profits soared, a warning of softening U.S. park demand and a looming CEO transition cast a shadow over the results.
