Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks
Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition. ...
Category: Economy
Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure
The Supreme Court decision to strike down Trump's tariffs has thrown fresh confusion over the raft of trade deals negotiated…
Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of…
WBD says Paramount raised its bid to $31 per share, board will weigh offer against Netflix deal
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid. ...
Software stocks rebound as Anthropic announces new partnerships
Cybersecurity and software names have sold off heavily in recent weeks as investors fretted about potential disruption from artificial intelligence.…
Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’
JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and…
Trump demands Netflix fire Susan Rice as DOJ probes Warner deal
Rice argued during a podcast last week that "it is not going to end well" for corporations, news organizations, and…
Novo Nordisk sinks 15% after weight loss drug fails to match Eli Lilly’s in trial
Novo Nordisk stock fell 15% Monday after it said its next-generation weight loss drug didn't meet its primary target. ...
Europe hits back at ‘pure tariff chaos’ from the U.S., warning trade deals are at risk
European officials have reacted with disbelief to President Donald Trump's latest tariff policy, warning that trade deals could be at…