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(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms

LTM's first-quarter 2026 revenues benefit from increases in passenger revenues and cargo revenues.

Every now and then, a limited-time offer captures the public's attention in a way that drives tremendous interest in the brand. When Starbucks, for example, first introduced the Unicorn Frappuccino, it became something people had to try at least once. McDonald's created a similar phenomenon with ...

Apple (AAPL) is spending much of the artificial intelligence boom looking like the company that missed the memo. Apple took a more cautious approach as Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta Platforms (META) rushed to construct larger data centers, purchase more CPUs, and ...

Cerebras Systems increased the size and expected price range of its initial public offering, which n

(Bloomberg) -- Pressure built on Keir Starmer to lay out a time table for his departure after the British prime minister’s latest attempt at a reset fell short what of what critics said was needed to quell the rebellions within the Labour Party. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting

The battery recycling and energy storage company has hired former Tesla finance chief Deepak Ahuja, reuniting him with former Tesla CTO JB Straubel.

Satya Nadella is expected to testify about Microsoft’s partnership with OpenAI and the company’s support of Sam Altman.

Watch how Amazon and a host of other companies are trying to catch up with SpaceX’s Starlink network.

Babcock's bad news actually looks kind of good.

Chipmaker Cerebras Systems increased the size of an upcoming initial public offering in a sign of continued strong demand for AI stocks.

BABA heads into Q4 earnings with rising revenue estimates but steep profit declines, heavy subsidies and AI-driven spending clouding the near-term outlook.

By Karen Freifeld WASHINGTON, May 11 (Reuters) - Nvidia CEO Jensen Huang is not going to Beijing during President Donald Trump's trip to China this week, a person familiar with the matter said on

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.29%, and June E-mini Nasdaq futures...

SHEL's Q1 beat, buybacks and dividend hike highlight strong cash visibility and trading strength amid volatility.

California's Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false advertising and unfair business ‌practices laws. The lawsuit – filed Monday in Santa Clara County Superior Court on behalf of all California residents – ‌accuses the social media giant of tolerating fraudulent advertising on a global basis. The suit seeks restitution, civil damages and an order prohibiting ​Meta from engaging in unfair business practices.

Sharplink Gaming (NASDAQ:SBET) reported a sharp increase in first-quarter revenue as management emphasized its Ethereum treasury strategy, while the company also posted a large net loss tied to accounting treatment and weaker Ether market conditions during the quarter. On the company’s earnings cal

Markets Await Key Inflation Data This Week.

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Elon Musk, Apple's Tim Cook, GE Aerospace's Larry Culp and ‌Boeing's Kelly Ortberg will join U.S. President Donald Trump on his visit ‌to China this week, a White House official told Reuters. Others taking part include Meta's Dina ​Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman, Cisco's Chuck Robbins, Micron's Sanjay Mehrota, Mastercard'ss Michael Miebach, Qualcomm's Christiano Amon and Visa's Ryan McInerney, the official said.

Following IonQ’s earnings, Rigetti Computing and D-Wave quantum are set to report first-quarter results.

US markets head into the new week with inflation data, AI enthusiasm, and a fresh batch of corporate earnings all competing for investors’ attention after major indexes recently pushed back toward record highs. The biggest event on the calendar will arrive Tuesday with the April Consumer...

We'll see new inflation data the same week the Senate is likely to confirm Kevin Warsh - an advocate of cutting interest rates - as Fed Chair.

Copa Holdings heads into Q1 earnings with revenues projected to rise 15%, backed by stronger air-travel demand and passenger growth.

Circle (CRCL) Co-Founder & CEO Jeremy Allaire joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss earnings and Arc token.

Circle (CRCL) Co-Founder & CEO Jeremy Allaire joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss earnings and Arc token.

Look at the most actively traded stocks on the S&P 500 this morning and you'll find some of the past few days' usual suspects: After powering the index to a fresh record Friday, chipmakers are the stocks changing hands the most this morning, extending their breakneck run-up.

Circle Internet Group, Inc. (NYSE:CRCL) shares fell 3% in premarket trading after the digital payments and stablecoin company reported first-quarter fiscal 2026 results that topped earnings expectations but missed revenue forecasts.

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) shares climbed nearly 7% following the release of its first quarter 2026 results, after the company reported earnings, production, and cash flow that significantly exceeded analyst expectations. For the quarter ended March 31, Barrick posted adjusted...

Tracey Ryniec and John Blank discuss the US economy and what stocks to buy right now.