Nestle raised prices by 8.2% in 2022, but CEO Mark Schneider had warned further rises were to come to defend its margins. Read more...
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Despite the recent bear market, growth stocks have stayed on the minds of many investors, and some took advantage of lower share prices to add to their...
Search giant is trying to jump-start growth amid a volatile digital ad market and competition in AI. Read More...
The tech giant still needs to mass-produce satellites and get them into orbit, but it expects to begin offering service next year Read More...
Netflix will invest $2.5bn (£2bn) in South Korea in a bid to find the next blockbuster hit in the vein of Squid Game. Read More...
Investors were cautious ahead of a batch of company earnings, while also wary of looming economic data that may color the Federal Reserve's thinking. Read More...
UBS reported $1.03 billion in net profit for the first quarter, down 52% year-on-year amid a legacy litigation matter. Read more...
The interest sparked in artificial intelligence driven by ChatGPT and other large language models has driven more than half the gains in the S&P 500 this...
At least for the quarter ended March, weak PC demand and decelerating cloud growth will overshadow the long-term impact of Microsoft's big AI push. Read More...
The Dutch staffing company made a net profit for the quarter of €152 million ($167.0m) compared with €207 million for the comparable period a year earlier...