Industry

Adobe Reports Quarterly Earnings

Adobe Investors Are 'Anxious' Over the Company's Response to Generative AI Competition

Adobe investors are anxious about rising competition from generative AI, with upcoming financial results expected to show how the company manages the challenge.


Apple Tops Global Brand Rankings as the First Ever to Reach $1 Trillion

Apple becomes the first brand to surpass $1 trillion in value, marking a 15% increase, retaining its top position in Kantar's BrandZ global ranking.

GameStop Raises More Than $2 Billion After ‘Roaring Kitty’ Stock Rally

GameStop has announced that it raised about $2.14 billion in its second share offering in a month. GameStop announced on Tuesday, June 11, that it raised about $2.

GM Cuts EV Production Plans Due to Weaker Demand

GM is lowering its estimated sales and manufacture of EVs this year as adoption in the US slows. A General Motors logo is shown at the General Motors Technical Center.


Latest News

US Bans Imports From 3 More Chinese Companies Tied to Uyghur Forced Labor
The US has added three more firms to a list that blocked imports from companies that are allegedly linked to Uyghur forced laborers in China.
Why are Oil Companies Thriving During Joe Biden's Term? Here's What Charges Oil & Gas Industry Profits
Why are oil companies raking hundreds of billions during Joe Biden's term? Is POTUS to blame? Here are the latest details.
Cognizant has announced the acquisition of digital engineering firm Belcan for nearly $1.3 billion. Cognizant, an information technology services and consulting company, announced on Monday, June 10, an agreement to purchase digital engineering firm Belcan for almost $1.
Apple Unveils New 'Intelligence' Tech, Plans to Use Its Own Server Chips for AI Features
Apple has announced that it plans to use its own server chips to power its devices with AI features.
JPMorgan Chase Appoints Former PayPal Exec as New CTO
JPMorgan Chase has announced the appointment of former PayPal executive Sri Shivananda as the company's new CTO.
Elon Musk Vows to Restore Disney+ in Teslas if Disney Resumes Ads on X
Tesla is looking to its small shareholder base to back Elon Musk's $56 billion pay package as major shareholders remain divided.
Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs
Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.
Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal
Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.
Warren Buffett-Led Firm Berkshire Hathaway Buys 2.57 Million More Shares in Occidental Petroleum
The Warren Buffett-led conglomerate Berkshire Hathaway has acquired approximately 2.57 million shares of common stock in Occidental Petroleum.
Apple's Swift Student Challenge Winners Get a Surprise From Tim Cook
A group of Apple's Swift Student Challenge winners received an unexpected surprise from CEO Tim Cook.
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