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A Texas jury ruled on Wednesday that Exxon Mobil (NYSE:XOM) was not liable in a lawsuit accusing the energy giant of misleading investors through disclosures connected to its Canadian oil sands business and Rocky Mountain natural gas operations. Investors Failed to Prove Fraud ClaimsThe case, originally filed in 2016, alleged that Exxon hid losses tied to its Canadian bitumen assets, failed to properly reflect carbon-cost assumptions in reserve valuations, and postponed impairment charges relate

Hims & Hers continues growing rapidly, but shrinking margins and rising costs are beginning to test the company's long-term profitability story.

Tesla (TSLA) came under pressure from an Australian judge, who questioned whether the automaker was

Stock futures in the U.S. and global markets were lower with little information emerging from the Trump-Xi summit.

Applied Materials’ outlook suggests a windfall from AI chipmaking equipment could be coming sooner than expected.

TAIPEI, May 15 (Reuters) - TSMC, the world's largest contract chipmaker, said on Friday it plans to sell up to 152 million shares in Vanguard International Semiconductor through a block trade to

The UK watchdog will examine whether Microsoft has SMS in business software and whether it limits customer choice and competition.

By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares dived on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets

(Bloomberg) -- Alphabet Inc. sold ¥576.5 billion ($3.6 billion) of bonds in the biggest ever yen deal by a non-Japanese company as competition to fund data centers and AI infrastructure intensifies.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That China Will Open Up MoreTrump Says China Offered Help

Overbought warnings come ahead of a massive tech and retail earnings lineup.

LinkedIn built its business around helping people find jobs, grow their careers, and connect with employers. Now, the Microsoft-owned professional networking platform is delivering difficult news to some of its own workers. This comes within weeks of Microsoft’s voluntary buyouts for its ...

Jason Calacanis used Block (NYSE:XYZ) as a case study on a recent This Week in Startups episode to argue that AI-driven productivity gains have become a prisoner’s dilemma for every public company CEO. Block cut over 4,000 people in February 2026, taking headcount from over 10,000 to under 6,000. Three months later, the company posted ... Block’s 40% Layoffs Will Drive 62% Earnings Growth: ‘If You Don’t Have Time to Use AI, You Don’t Have a Job’

Inflation worries are preying on investors as they weigh the outcomes of the Trump-Xi summit in China.

Unusual Machines, Inc. (UMAC) delivered earnings and revenue surprises of -41.67% and +60.95%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Bitcoin’s recent rally and a wave of crypto IPO enthusiasm helped fuel one of Wall Street’s hottest digital asset debuts this year. But the mood shifted quickly after one closely watched earnings report landed on May 14. Peter Thiel-backed crypto exchange Bullish fell sharply after reporting ...

AI is rarely the sole reason companies cite when taking layoffs, with most still pointing to wider corporate restructuring or macroeconomic headwinds. On Wednesday, Cisco Systems announced plans to cut under 4,000 jobs, or about 5% of its workforce. The announcement arrived the same day the tech giant unveiled record revenue for its third fiscal quarter, amid soaring demand for its AI tools and infrastructure.

The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago

After a long and controversial process, the U.S. Senate approved Kevin Warsh as the next chair of the Federal Reserve.

Cisco (NASDAQ: CSCO), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI. Cisco calls itself “The critical infrastructure for the AI era.” That is a way to drive a stock up without really saying much. Cisco’s results ... AI Causes Another 4,000 Layoffs

FSLY sinks nearly 42% after a Q1 beat. Investors eye slower Network Services growth, pricing erosion and rising 2026 infra spend.

Bullish (NYSE:BLSH) shares fell sharply in premarket trading Thursday after the company reported first-quarter results that missed Wall Street expectations on both earnings and revenue. The stock declined 6.

The latest financial results of cryptocurrency exchange Bullish (NYSE: $BLSH) have come up short as trading activit...

Investing.com -- Venezuela announced Wednesday that it has started a comprehensive process to restructure its sovereign and state oil company debt, following the lifting of U.S. sanctions earlier this year.

Shares of Bullish fell Thursday after the cryptocurrency exchange reported deep losses and weaker-than-expected revenue in the first quarter. Adjusted revenue totaled $92.8 million, up 49% from a year ago but below analysts’ consensus estimates of $94.9 million, according to FactSet. Bullish stock dropped 8.3% to $38.33 in premarket trading.

The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.

Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan’s Eneos for $2.17 billion, as it continues to streamline its international portfolio.

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk reportedly accompanied President Donald Trump on his trip to China without seeking permission from the Judge currently presiding over the OpenAI trial. Elon Musk Defies ‘Recall Order’ Amid the ongoing trial in Oakland, California, U.S. District Judge Yvonne Gonzalez Rogers placed Musk on a “recall status” order, but the billionaire failed to seek permission from the Judge before leaving, NBC News reported on Wednesday, citing anonymous sources familiar with

AI and agentic automation have been the biggest game changers the financial industry has seen in decades, as transformative to the sector as ATMs and online banking were in the 1980s and early 2000s. As the world’s largest bank by market capitalization, JPMorgan Chase & Co. (JPM) has been ...

GameStop CEO Ryan Cohen told eBay's board on Wednesday that they should not reject his $56 billion takeover proposal and the e-commerce company's shareholders deserve a chance to evaluate it. Cohen reacted ‌one day after eBay rejected his unsolicited offer to buy the company, calling the proposal "neither credible nor attractive." In a letter ‌to eBay's chairman and separate online interview with journalist Piers Morgan, Cohen, a billionaire investor, signaled his intention to keep going and hinted at possible next steps to try ​and win his prize.

GameStop CEO ‌Ryan Cohen on ‌Wednesday told eBay's board that ​the company should not reject his $56 billion takeover proposal and ‌that ⁠the company's shareholders deserve a chance ⁠to evaluate it. Cohen wrote to the ​chairman of ​eBay ​that he requested ‌a meeting with the company's board but that the board declined, according to the ‌letter which ​was seen ​by ​Reuters. Cohen sent ‌his letter one day ​after ​eBay on Tuesday rejected his stock ​and ‌cash offer.