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Bp worth double suggests barclays ahead of capital markets day

BP's upcoming capital markets day (October 10)  is likely to focus on upstream and low-carbon businesses rather than financials, according to Barclay...

September 12, 2023, 10:44 am

Oracle stock falls on slowing cloud sales growth

Oracle (ORCL) shares are tumbling in early trading after reporting mixed fiscal first quarter results. The tech giant's earnings were better than expe...

September 12, 2023, 10:16 am

One of the world's largest sovereign wealth funds is now the top investor in ubs

Norway's $1.4 trillion investment fund has become the biggest investor in Swiss banking giant UBS, whic...

September 12, 2023, 10:00 am

Tsmc plans $100 million investment in arm ipo: board

Taiwanese chip giant TSMC said Tuesday its board has approved an investment of up to $100 million in Br...

September 12, 2023, 9:51 am

Google antitrust trial begins with doj claiming tech giant abused its monopoly “with a wall built from default and scale”

Google's lopsided command of the search market was put on trial on Tuesday, as federal and state attorneys argued that the tech ...

September 12, 2023, 9:50 am

Oracle's stock dives toward worst post-earnings performance in 10 years

Shares of Oracle Corp. ORCL, +0.31% tanked 9.5% early Tuesday, enough to pace the S&P 500's SPX, +0.67% premarket decliners, in the wake of the busine...

September 12, 2023, 8:48 am

Taiwan chip giant tsmc to invest up to $100 million in arm ipo

TSMC manufactures semiconductors for companies from Apple to Nvidia, that are often based on Arm architecture....

September 12, 2023, 8:41 am

Omnicom: old economy meets ai, buy the dip

Omnicom is an advertising giant that's increasingly leveraging AI to explore new business opportunities...

September 12, 2023, 8:10 am

No, it's not possible to make $1,200 a month by posting 30-second tracks on spotify – steaming giant ceo says

JP Morgan suggested that users could make over $14,000 a year by gaming Spotify's royalties system. Boss Daniel Ek said the lucrative side hustle wasn...

September 12, 2023, 8:05 am

Cfra says spirit airlines is still a sell, says jetblue's moves to secure merger unlikely to save deal

CFRA reiterated its sell rating on Spirit Airlines Inc. SAVE, +11.98% on Tuesday, and said JetBlue Airways Corp.'s JBLU, -0.39% move Monday to transfe...

September 12, 2023, 7:40 am

Cyprus regulator officially deregisters local binance entity

The Cyprus Securities and Exchange Commission (CySEC) confirmed yesterday (Monday) the deletion of Binance Cyprus Ltd from the Register of Service Pro...

September 12, 2023, 7:04 am

Alibaba ceo warns of being ‘displaced' if the chinese tech giant doesn't keep up in ai

The new CEO Eddie Wu is laying out his strategic priorities for Alibaba....

September 12, 2023, 6:27 am

Smbc agrees $3.7 bln deal for 25 boeing 737 max jets

Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing 737 ...

September 12, 2023, 6:13 am

Alibaba's new ceo embraces ai and wants a younger management team

Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud...

September 12, 2023, 6:11 am

Spotify boss denies claim 30-second repeat play trick can make you rich

Repeatedly listening to your own 30-second track on Spotify won't make you around £960 ($1,200) a month, the streaming giant's chief executive has sa...

September 12, 2023, 5:45 am

Amazon makes first investment in direct air capture climate technology

E-commerce giant Amazon.com is making its first investment in direct air capture technology, which remo...

September 12, 2023, 5:05 am

Nasdaq 100, dow jones, s&p 500 news: tesla, tech giants lead on ai hopes

The Nasdaq Composite surged on Monday as Tesla’s AI-driven bullish sentiment captivates investors, as the market eyes August’s CPI data. The post ...

September 12, 2023, 4:44 am

Us chip giant globalfoundries opens $4 bn singapore plant

The world's third-largest contract chipmaker GlobalFoundries opened a $4 billion manufacturing plant in Singapore on Tuesday as part of a global expan...

September 12, 2023, 4:23 am

Smurfit kappa tumbles as westrock deal confirmed

Shares in Smurfit Kappa Group plc (LSE:SKG) fell 9% after its board and that of WestRock Co (NYSE:WRK) confirmed the pair had agreed to merge and c...

September 12, 2023, 4:11 am

Smurfit kappa ceo says westrock merger will expand u.s. operations, is 'fantastic' for shareholders

Tony Smurfit, CEO of packaging giant Smurfit Kappa, discusses the company's announcement that they will...

September 12, 2023, 3:45 am


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