There were rumors that Ford may enter the energy business. On May 11, Ford formally launched Ford Energy, which will operate as a subsidiary of the parent company. Ford Energy will battery energy ...

Hong Kong-listed home appliance company Midea has two options, J.P. Morgan analysts said last week. Either become an industrial giant like Siemens — and double in market cap by 2030 — or plod along ...

It’s been a strange, winding path to an entirely new strategy for the company formerly known as Allbirds. On Wednesday, the company made two big announcements: It has named a new CEO, Nadia Carlsten, ...

CarMax reported a top-line beat, but the stock is moving lower after earnings CarMax Inc (NYSE:KMX) is gapping lower this morning, last seen down 6.4% to trade at $48.64, despite the car reseller ...

A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s stock market and added pressure on the won, according to Barclays Plc. “While ...

Microsoft's AI revenue hit a $37 billion annual run rate, up 123% year-over-year, while a recent pullback has dropped shares below analysts' $561 target. Intel's massive one-year rally masks a $3.73 ...

Allbirds on Wednesday rebranded to Smartbird and announced Nadia Carlsten as its new CEO. In April, the company changed its name to NewBird AI and shifted from making shoes to Ai compute ...

SpaceX (Nasdaq: SPCX) made its first major move as a public company on Tuesday, agreeing to acquire AI coding startup Cursor in a $60 billion all-stock transaction just four trading days after ...

Intel CEO Lip-Bu Tan speaks during a keynote presentation at Computex in Taipei on June 2, 2026. CHENG Yu-chen/Getty Images Intel (Nasdaq: INTC) climbed about 8.55% on Monday, June 8, 2026, after a ...

SpaceX (NASDAQ: SPCX) is primed for a record-setting initial public offering (IPO) on June 12, with the company setting a fixed initial price of $135 per share, valuing the space-tech leader at a ...

Adobe (ADBE) is trading sharply lower despite a beat-and-raise Q2 (May) report last night. The company continued its streak of EPS upside, while revenue increased 12.7% yr/yr to $6.62 bln, its ...

The one-time shoe company announced Wednesday that it had sold off the Allbirds brand, adopted a new name, and appointed a tech veteran as CEO. The move completes Allbirds’ unusual pivot from a ...