Layoffs have hit companies from Oracle to Meta to Intel this year amid a backdrop of cost-cutting and technological change.
Shares of Australian flag carrier Qantas rose to a record high on Thursday following its full-year earnings results. Read more...
Despite surpassing Wall Street expectations for its AI chips, company shares drop 2.3% in after hours trading
We're not surprised to see some profit-taking in the high-flying stock. Read more...
We're not shocked to see the stock get scrutinized in extended trading but like the long term opportunity. Read more...
Nvidia said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for AI infrastructure shows no sign of fading. Read more...
The stock market crept higher into Nvidia earnings. Snowflake, CrowdStrike and Urban Outfitters also were active late.
Kohl's beat on earnings and revenue as it tries to turn around sales and find a new CEO. Read more...
The company said it added more than 5,000 customers year to date, "the highest ever in the first half of the year." Read more...
One of the world’s biggest drugmakers has halted the sale of weight-loss jabs to the UK as patients race to beat a looming 170pc price rise.