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Browsing: Business
Best Buy Q2 revenue hit $9.44B, beating forecasts, with gains in online and global sales, while the retailer maintained its full-year guidance.
Fears of an AI bubble grow as analysts warn that tech stock valuations and market behavior are starting to mirror the lead-up to the 2000 dot-com crash.
Puma shares surged over 17 percent as the Pinault family’s Artémis considers selling its 29 percent stake in the German sportswear company.
India aims for 50 rocket launches a year as Modi unveils bold space reforms, targets five unicorns, deep-space missions, and a USD 44 billion space economy.
The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.
Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.
US and EU sealed a landmark trade framework removing tariffs, securing energy deals worth 750 billion dollars, and expanding defense procurement.
CVS Caremark has been ordered to pay $289.9 million in penalties after a federal court found it overbilled Medicare by submitting inaccurate drug cost data.
Target CEO Brian Cornell will step down in February 2026 as sales drop for a fourth quarter and Michael Fiddelke takes over amid investor uncertainty.
Goldman Sachs and US Treasury predict stablecoin reserves could hit $3.7T by 2030 as Circle and Tether grow US Treasury holdings rapidly.
