FedEx stock rises on better-than-expected earnings
FedEx beat on the top and bottom lines in its first fiscal quarter earnings report on Thursday. ...
Economy
Netskope soars 18% on first day of trading, reaches $8.6 billion market cap
Netskope is the latest IPO debut amid a revival in market activity following a years-long drought ...
Intel surges 22% after $5 billion Nvidia investment, posts best day in nearly 38 years
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC…
Trump floats pulling licenses if networks are ‘against’ him after Jimmy Kimmel suspended
President Donald Trump has applauded the suspension of Jimmy Kimmel's late-night show over comments he made about the man accused…
Ben & Jerry’s co-founder Jerry Greenfield quits over social activism row with Unilever
Greenfield dubbed the decision "painful" but said that the Unilever had silenced the company's ability to speak up on global…
Alibaba’s shares jump after it lands a major customer for its AI chips
China Unicom will deploy Alibaba's AI chips via the e-commerce giant's cloud computing unit, according to state media CCTV. ...
Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
While the rate decision is fairly pretty much in the bag, what happens from there is anybody's guess. ...
Sen. Warren presses Trump AI and crypto czar Sacks on whether he’s overstayed his job
Sen. Elizabeth Warren and other lawmakers are probing whether David Sacks, Trump’s AI and crypto czar, overstayed his temporary government…
Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply
Mortgage refinance demand surged higher after interest rates dropped to the lowest level since last October. Adjustable-rate loans were also…