Dell sees its backlog swell as big AI deals come through
The company is expanding beyond large cloud providers with its AI-server business.
Warner Bros. Discovery (WBD) Q4 2024 earnings
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]
CFPB drops lawsuits against Capital One and Rocket Mortgage affiliate
Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025. Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau‘s new leadership on Thursday dismissed at least four enforcement lawsuits […]
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?
January pending home sales drop to the lowest level on record
“For Sale” and “Sale Pending” signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024. The National Association of Realtors is scheduled to release existing homes sales figures on June 21. David Ryder | Bloomberg | Getty Images High mortgage rates and elevated home prices combined to crush home sales […]
Three catalysts have driven S&P 500 corrections since 1964. Here’s what could spark one now.
Piper Sandler’s Michael Kantrowitz has dug into big corrections since 1964 and finds they all need a catalyst. Here’s what he sees coming in 2025.
The world’s largest advertising company says revenue may fall. The stock is getting hammered.
WPP, the world’s largest advertising company, saw its shares plunge on Wednesday after it forecast that sales may drop this year.
GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. […]
Target strikes deal with Champion as it tries to boost apparel sales
Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise — Champion. On Wednesday, the cheap chic retailer announced that it’s struck a multiyear deal with the sportswear brand long associated with hoodies and sweatpants. Authentic Brands Group bought Champion from HanesBrands […]
Intuitive Machines’ stock climbs as second moon-landing mission launches
IM-2 is a “very complicated” prospecting mission that will deploy a drill, hopper and rover on the lunar surface, according to the company’s CEO.
