Kering issued an unexpected profit warning due to plummeting Gucci sales in Asia, lowering its stock price by 14%.
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Hindenburg Research Accuses Equinix of Accounting Manipulation, 'Selling an AI Pipe Dream'
Hindenburg Research accuses Equinix of accounting manipulation and misleading shareholders with an "AI pipe dream," prompting market shock and investor reassessment.
Boeing's 2024 Earnings Predicted to Disappoint Amid 737 Production Delays
Boeing revises its 2024 earnings outlook downwards as it plans to increase cash spending in the first quarter to address quality issues with its 737 aircraft, leading to a departure from the initial $10 billion estimate.
Greggs Forced To Close Stores in the UK After A Glitch Affected Payment Systems
Following McDonald's recent technical incident, Greggs were similarly forced to close stores in the U.K. after a glitch affected their payment systems.
Tesla Cybertruck Production at Giga Texas Hits Milestone of 1,000 4680 Battery Cells Weekly
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Latest News
The Biden administration's $20 billion grant to Intel aims to strengthen the semiconductor chip output in the U.S. and reduce dependency on foreign chip production, particularly from China and Taiwan.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021. UK's inflation rate was lower than expected at 3. 4% year-on-year in February, down from 4% in January and its lowest level since September 2021, official data showed Wednesday.
Donald Trump has sued ABC News and George Stephanopoulos after the host made rape claims against the former president during an interview.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
New Zealand announced Wednesday that it would soon ban single-use vapes and raise penalties against those who sell these disposable e-cigarettes and tobacco cigarettes to minors.
President Joe Biden revealed his plan to lower housing costs on Tuesday to address high rental costs as he blasted the policies of his predecessor, Donald Trump, while using the former president's signature phrase.
Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company.
US President Joe Biden's diversity policies for apprenticeship programs are now targeted by Republican attorneys. Here's why!
