Business
Arm by Softbank Gears Up for Landmark IPO Amid AI Era
SoftBank Group Corp.’s subsidiary, Arm Holdings Ltd., is poised to embark on what could be the most significant initial public offering (IPO) of the year,...
IBM to Sell The Weather Company Assets to Francisco Partners
In a significant strategic development, IBM has announced the sale of key assets of The Weather Company to the private equity firm Francisco Partners. The...
Lucid Motors Showcases EV Lineup in Monterey
Amidst the glitz, glamor, and bustling activity of this year’s Monterey Car Week, Lucid Motors (LCID), the prominent electric vehicle manufacturer, adeptly commanded attention even...
SVB Financial Group’s Venture Capital Rebound in Progress
SVB Financial Group, the embattled former parent company of Silicon Valley Bank, is taking decisive measures to resurrect its venture capital enterprise, following a recent...
Microsoft Adapts Acquisition Bid for Activision Blizzard
Microsoft Corporation (MSFT) has announced a strategic overhaul of its $69 billion acquisition of Activision Blizzard Inc (ATVI) in an effort to surmount the final...
Cost-Saving Drive: Charles Schwab Initiates Job Cuts and Office Downsizing
In a move aimed at bolstering operational efficiency, Charles Schwab revealed its plans to initiate a series of job cuts and office downsizing, according to...
Zoom Shares Dip 6% as Q2 Earnings Miss Analyst Projections
Zoom Video Communications Inc (ZM) encountered an unexpected hurdle as its stock plummeted by up to 6% on Tuesday morning, reflecting a Q2 earnings report...
Retail Crime Hits Dick’s Sporting Goods Stock, Dropping 20%
Dick’s Sporting Goods (DKS) witnessed a staggering plummet of more than 20% in its stock value during Tuesday morning trading as the prominent sporting goods...
Modelo Especial Takes Lead in U.S. Beer Sales, Bud Light Slips
In a significant shift in the American beer market, Modelo Especial, the Mexican lager, has emerged triumphant, dethroning Bud Light from its long-standing reign as...
Macy’s Q2 Earnings Shine Amid Credit Card Revenue Slump
Macy’s Inc (M) delivered better-than-expected earnings for the second quarter (Q2) of the fiscal year, but the retail giant acknowledged challenges within its credit card...
