Following the CMA’s decision to veto the Microsoft-Activision deal in Britain, the computer software giant plans to appeal.
The US Inflation Reduction Act propelled LG Energy Solution to an astounding income haul in its Q1 2023 results.
While Bitcoin still maintains a somewhat close correlation to the S&P 500, the digital currency is now being pitched as a better alternative to traditional banking.
The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022.
Announcing the newly-authorized share repurchases, Alphabet said such actions are expected to occur “from time to time, subject to general business and market conditions.”
First Republic Bank received uninsured deposits totaling $30 billion from a group of America’s largest banks on March 16, 2023, to help reduce the chances of a bank run.
In-restaurant sales at Chipotle during Q1 2023 popped 22.9%, while digital sales represented 39.3% of food and beverage revenue.
In its fiscal Q3 2023 report, Microsoft CFO Amy Hood stressed that the company would continue to prioritize AI-related endeavors.
For Q1 2023, UPS reported adjusted earnings per share (EPS) of about $2.20, whereas analysts expected the company to report an EPS of $2.21.
Leading hamburger purveyor McDonald’s experienced earnings growth for Q1 2023 despite sporting a pricier menu.
Beverage giant PepsiCo raised its full-year outlook following its commendable Q1 2023 performance, beating analysts’ expectations.
Fox Corporation stock suffered a massive dent in value less than a day after announcing the departure of longtime TV host Tucker Carlson.
The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland.
Pharmaceutical powerhouse J&J expects to price its Kenvue IPO shares at $20 to $23 for a potential $40 billion company valuation.
The ruling, though it was a huge win for Apple, had minimal effects on AAPL shares.