Assa Abloy posted higher second-quarter profit, benefiting from growth through acquisitions despite geopolitical uncertainty. The Swedish lock maker on Friday reported 4.42 billion Swedish kronor ...
Swedish buyout group EQT said it enters the second half of the year with strong fundraising momentum, after it reported rises in net profit and revenue for the first half aided by higher ...
China's Moonshot AI has launched an artificial-intelligence model it says outperforms some cutting-edge U.S. systems, the latest sign that Chinese labs can rival American counterparts in critical ...
Montage Technology extended losses, after the Chinese artificial-intelligence chip maker confirmed that South Korean prosecutors raided its office over a possible violation of competition laws. The ...
The startup's valuation jumps 40% as the AI boom has driven demand for its data-analytics software. Netflix Revenue and Profit Increase, but the Company Expects Growth to Slow The streamer said it ...
Oil futures ended lower in an indecisive session with the market awaiting clarity on whether the U.S. steps up its strikes on Iran or the sides look to resume talks. U.S. Natural Gas Futures Fall as ...
U.S. Bancorp notched record second-quarter revenue due to strong loan growth, broad momentum on fees and a one-month boost from the recent acquisition of financial-services firm BTIG. The Dallas Fed's ...
European stock futures traded lower early Friday. Asian stock benchmarks weakened; the dollar was flat; Treasury yields were flat; while oil futures inched higher and gold strengthened. Equities: ...
Verizon to Cut About 3,000 Jobs, Divest Itself of Some Retail Stores The company plans to divest itself of 274 of its retail stores to franchise owners. Most of Verizon's layoffs would come from the ...
Chinese artificial-intelligence company Z.AI's shares slumped after a key competitor released a powerful new large language model, compounded by a broader tech-sector decline. Shares of Z.AI, ...
U.S. futures for the S&P 500 were down 0.8% and futures for the Dow Jones Industrial Average declined 0.6%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, ...
Asian technology stocks were hammered, led by shares in Japan and Taiwan, as investors grow increasingly unsettled about massive spending on artificial intelligence. AI-related stocks have swung ...
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