Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI
Block’s stock surges 20% as Wall Street rewards massive job cuts at the parent company of Square and the Cash […]
Yes, consumers in China are consuming again. It’s just not their No. 1 priority these days.
Retail sales are still rising, but record household savings, stepped-up gold buying and reined-in income expectations suggest the population of […]
Sweetgreen’s disappointing sales offer a reality check for restaurants, after Cava’s rally
A day after Cava’s upbeat sales forecast raised hopes for the restaurant industry, rival fast-casual chain Sweetgreen is bringing them […]
Nutanix’s stock soars as AMD investment creates a ‘halo effect’
The company, which makes hyperconverged infrastructure including storage offerings, is partnering with AMD and betting that AI customers want flexible […]
Trade Desk’s stock slides after earnings, as growth slowdown unnerves Wall Street even further
The ad-tech provider said automotive and packaged-good clients are under pressure.
Nvidia’s Jensen Huang is the latest tech CEO to cheer the potential of data centers in outer space
Nvidia’s CEO acknowledged that “the economics are poor today” but should “improve over time.”
Urban Outfitters’ once-struggling namesake stores are now driving its sales gains
Shares of Urban Outfitters were flat after hours on Wednesday, after the clothing retailer reported fourth-quarter results that beat estimates, […]
Paramount says Warner Bros. acquisition would be an ‘accelerant’ for its turnaround strategy
Paramount saw losses rise in its latest quarter, while revenue and streaming subscribers grew in the first full reporting period […]
These are the ‘secret words’ Trump wants to hear as U.S., Iran prepare to meet this week
U.S. and Iranian negotiators are set to meet again later this week, and President Donald Trump made a clear ask […]
Trump backs stock-trade ban for Congress during State of the Union. Here’s where the effort stands.
President Donald Trump got applause from Democrats and Republicans alike when he called in his State of the Union address […]
