Defying recent Wall Street skepticism over soaring AI investments, Meta Platforms' robust earnings report, fueled by a 24% jump in ad revenue, has vindicated CEO Mark Zuckerberg's aggressive capital expenditure strategy and delighted investors.
The BNB Smart Chain has surpassed 2 billion cumulative active addresses, a milestone built over years of network growth. Despite this achievement and recent token burns, BNB's price remains under pressure amid broader market headwinds.
The storied newspaper, owned by Jeff Bezos, has initiated significant layoffs impacting its sports, books, and foreign desks, amid a wider industry downturn and internal warnings about the erosion of newsroom capacity.
The London-based tax advisory firm assembles a cross-sector council of industry leaders to help clients maximize R&D tax incentives amid regulatory reforms and rapid market changes.
Barclays raises its price target on Amphenol Corporation (APH) to $175, arguing a recent stock pullback offers an attractive entry point following solid Q4 results and a major acquisition.
Aurora Cannabis reports a 7% rise in Q3 revenue, fueled by record international medical cannabis sales. The company announces a strategic pivot to exit lower-margin Canadian consumer operations, betting big on high-growth regulated markets in Europe and Australia.
The CoinDesk 20 Index fell 1.9% on Wednesday, with Solana (SOL) dropping over 5% and Uniswap (UNI) declining 3.6% amid a widespread market pullback.
Paychex solidifies its position in the competitive human capital management sector by finalizing its acquisition of Paycor and launching an integrated Bill Pay service, aiming to create a more comprehensive suite for small and mid-sized businesses.
A Texas couple with a tight monthly budget faces a stark financial reckoning after financing a $30,000 solar panel installation. Personal finance expert Dave Ramsey prescribed a drastic behavioral overhaul and even considered selling their home to escape the debt cycle.
Cotton futures staged a modest recovery Wednesday morning, reversing Tuesday's losses amid broader market volatility linked to Middle East tensions and currency shifts.
Live and feeder cattle futures rallied Tuesday, building on early-week momentum. As traders await Wednesday's cash market activity, mixed wholesale beef prices and a steady slaughter pace paint a complex picture for the beef complex.
A Pentagon Inspector General report reveals that persistent, unauthorized drone flights over sensitive U.S. military sites are met with confusion over authority and fragmented policies, leaving critical assets vulnerable despite near-daily occurrences.
Chubb Limited reports historic quarterly and annual net income, fueled by a record-low combined ratio that underscores its underwriting prowess in a competitive market. The insurer's results highlight robust premium growth and controlled catastrophe losses, setting a high bar for peers.
As Datadog prepares to report earnings, analysts are scrutinizing a dual narrative: the company's growing prominence in AI-driven IT operations against a potential strategic shift by key client OpenAI. The outcome could influence both near-term growth and long-term valuation.
Pinterest's fair value estimate sees a modest downward revision as Wall Street weighs near-term advertising softness against the long-term potential of its AI initiatives. The evolving narrative highlights the platform's challenge in balancing current macro headwinds with future innovation.
Uber has appointed Balaji Krishnamurthy, a key architect of its autonomous vehicle strategy, as its new Chief Financial Officer, a move seen as a direct acceleration of its plans to dominate the self-driving ride-hailing market.
Shares of chip architecture giant Arm Holdings have tumbled roughly 35% over three months, forcing investors to scrutinize whether its current price tag aligns with underlying fundamentals amid shifting market sentiment.
Facing headwinds from sluggish organic revenue and contracting margins, building materials giant Owens Corning is reportedly considering acquisitions to reignite growth, a strategic pivot that could reshape its competitive landscape.
Aviation services giant AAR has significantly expanded its maintenance, repair, and overhaul (MRO) facility in Oklahoma City, adding over 80,000 square feet and creating 200 jobs. The move deepens a key partnership with Alaska Airlines and underscores the industry's shift towards digital, efficient operations.
At its recent AI Summit, Cisco Systems unveiled a multi-pronged strategy to cement its role in enterprise AI infrastructure, deepening its alliance with Nvidia and launching a new partner program. In a significant move for its European operations, the company also secured a 15-year renewable energy agreement to power its Polish data centers, directly linking its AI growth to sustainable power sourcing.
