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The Latest Breaking News on Business

Over 25% of Google's code is written by AI, Sundar Pichai

Demand for AI offerings from Alphabet's cloud business helped drive an impressive revenue and earnings beat.

Fortune

AMD posts record revenues and says RDNA 4 is 'on track' for early 2025, but why are gaming GPUs the one thing it can't get right?

A gamble on chiplets that didn't pay off, yet...

PC Gamer

JetBlue's CEO flags a big problem that's hurting its pockets

The airline's progress is being hamstrung.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

US sanctions 398 firms in more than a dozen countries, accusing them of helping Russia's war effort

The U.S. on Wednesday imposed sanctions on 398 firms across Russia, India, China, and more than a dozen other nations — accusing them of providing products and services that enable Russia’s war effort and aid its ability to evade sanctions

The Independent UK

AMD rakes in cash with best quarterly revenue ever amid datacenter business rise, but gaming business craters

AMD records its highest quarterly revenue ever, but the modest guidance disappoints investors.

Tom’s Hardware

Earnings Preview: What to Expect From FedEx's Report

FedEx is expected to release its second-quarter results in December, and analysts forecast a single-digit drop in earnings.

Barchart

What You Need to Know Ahead of Intuit's Earnings Release

Intuit is gearing up to release its first-quarter earnings next month, and analysts expect a single-digit profit dip.

Barchart

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What You Need to Know Ahead of Hewlett Packard Enterprise's Earnings Release

Hewlett Packard Enterprise is gearing up to release its fourth-quarter earnings next month, and analysts expect a single-digit profit dip.

Barchart

Are Wall Street Analysts Predicting Pfizer Stock Will Climb or Sink?

Despite Pfizer’s underperformance relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

What to Expect From Lennar's Q4 2024 Earnings Report

Lennar is expected to release its fourth-quarter earnings in December, and analysts forecast that earnings will plunge by a double-digit figure.

Barchart

Iconic restaurant chain closes more locations before bankruptcy

The Street

Analysts overhaul Alphabet stock price targets as Google parent soars

Google parent Alphabet overcame a key investor concern as it posted stronger-than-expected third quarter earnings.

The Street

Eli Lilly stock crushed as weight loss sales, profits, disappoint Wall Street

Eli Lilly's weight loss treatments have powered the company into the top ten list of megacap U.S. stocks.

The Street

US Job Openings Hit 3.5-Year Low, But Consumer Confidence Rebounds

Consumer confidence rises while job postings fall to 7.4 million.

International Business Times

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International Business Times

Boeing And Union Hold 'Productive' Meeting Amid Ongoing Strike

The International Association of Machinists and Aerospace Workers Local 751 said that with the assistance of Acting U.S. Labor Secretary Julie Su, the union's bargaining committee "had a productive face-to-face meeting with the company to address key bargaining issues.

International Business Times

Tupperware Gets Court Approval For Sale To Lenders

Tupperware's proposal of selling its assets to lenders has received court approval.

Barchart

HP Earnings Preview: What to Expect

HP will release its fourth-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.

Reason

The Perils of Trump's Proposed Bitcoin Strategic Reserve

In 2021 Trump called bitcoin a "scam" but he seems to have realized his political coalition includes cryptocurrency enthusiasts.

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The Guardian - US

Google parent Alphabet sees double-digit growth as AI bets boost cloud business

Analysts expected 12% year-on-year revenue gains, but company reports 15%, buoyed by performance in ads and cloud services

Fortune

Ethereum giant Consensys slashes workforce by 20%, CEO blames 'abuse of power' by SEC

Founder Joe Lubin said ongoing legal troubles with the SEC are costing millions of dollars and resulting in job losses.

Player One

Sony Shuts Down 'Concord' Dev Firewalk Studios 2 Years After Acquiring It

Sony shut down Concord developer Firewalk Studios just two years after acquiring it following the shooter's commercial flop.

Barchart

Is Wall Street Bullish or Bearish on Paramount Global Stock?

As Paramount Global underperformed relative to the broader S&P 500 Index over the past year, Wall Street analysts remain cautious about the stock’s prospects.

International Business Times

US Economy's Solid Growth Unlikely To Register At Ballot Box

The US economy is set to report another quarter of solid growth Wednesday, less than a week before the presidential election, but analysts say it remains unclear if positive data can sway inflation-weary voters.

The Independent UK

US economy is believed to have grown at a solid pace again last quarter

Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates

The Street

McDonald’s US sales face major threat despite small progress

The fast-food chain has another major problem on its hands.

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