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Sidus Space (NASDAQ:SIDU) reported higher first-quarter revenue and a narrower net loss as management said the company is moving from technology development toward commercialization of its satellite, computing and data platforms. On the company’s first-quarter 2026 earnings call, Chairwoman and Chi
By Ju-min Park BEIJING, May 15 (Reuters) - GE Aerospace CEO Larry Culp was seen on Friday in Beijing leaving a meeting at the headquarters of China's powerful state planner, the National Development
Samsung Electronics' South Korean labour union said on Friday it remained committed to a planned strike starting next week, even after the company proposed resuming pay talks without conditions, sending shares down as much as 5.9%. Analysts attributed the share decline to growing uncertainty over the potential impact of a strike on production and concerns about Samsung's ability to meet its commitments to customers. "There appears to be rising concerns over delivery reliability if the strike takes place and sentiment that rivals could benefit from the uncertainty," said Ryu Young-ho, a senior analyst at NH Investment & Securities.
STOCKS Asian stocks started the day broadly lower, despite a positive lead from Wall Street overnight and a constructive tone from the meeting between President Trump and Chinese leader Xi Jinping. As the U.
(Bloomberg) -- President Donald Trump’s latest financial disclosures show that he made a slew of stock and bond purchases with major American companies in the first quarter of the year totaling in the tens of millions of dollars and possibly more. 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 Chi
Nano Nuclear Energy (NASDAQ:NNE) said it continues to advance its Kronos micro modular reactor program, highlighting a recent construction permit application tied to a planned deployment at the University of Illinois Urbana-Champaign, a strong cash position and expanding commercial discussions acros
NextNav (NASDAQ:NN) executives said the company continues to advance its regulatory, testing and commercialization efforts tied to a proposed terrestrial complement and backup to GPS, while reporting a first-quarter net loss that was partly offset by non-cash gains tied to warrant and derivative lia
(Bloomberg) -- South Korea’s benchmark stock index briefly breached the 8,000 mark for the first time on Friday, just seven sessions after it reached the 7,000 milestone.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 on Iran as Ship Taken Near U
(Bloomberg) -- OpenAI Chief Financial Officer Sarah Friar said the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever, as the company races to secure computing power to meet surging AI demand.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 Tru
By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs
May 14 () - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve valuations, and delayed recognizing impairment charges tied to Rocky Mountain dry gas assets.
May 14 () - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve valuations, and delayed recognizing impairment charges tied to Rocky Mountain dry gas assets.
Boeing is one of the largest aircraft makers in the world. It runs a complex business of making aircraft for airlines and militaries, while running a separate division for services that support customers’ needs. The company requires tens of thousands of skilled professionals, from executive ...
Samsung Electronics' South Korean labour union said on Friday the tech company had proposed resuming talks without conditions, days after government-mediated negotiations over pay and bonus schemes collapsed. Samsung Electronics shared a statement confirming its offer of unconditional talks, though it did not immediately provide further comment. Samsung's union said on Thursday it would sit down for talks if the company presented a detailed proposal addressing the union's demands by 0100 GMT on Friday.
GEN Restaurant Group (NASDAQ:GENK) said first-quarter traffic remained pressured by macroeconomic headwinds, including higher fuel prices that management said weighed on discretionary spending, particularly in California, where the company has a large store base. Chairman and CEO David Kim said sam
Nebius Group NV (NBIS) reports a remarkable 684% revenue growth, driven by its AI business, while raising CapEx guidance to support future expansion.
Deutsche Telekom AG (DTEGF) reports robust growth in organic service revenues and EBITDA, while expanding its fiber network and increasing its stake in T-Mobile.
Ambiq Micro designs ultra-low-power chips for wearables, IoT, and edge AI, targeting energy efficiency in connected devices.
Moby summary of Lightwave Logic, Inc.'s Q1 2026 earnings call
Wells Fargo made a significant call on interest rates six weeks ago. On May 13, its economists made a different one. And the reasoning behind the reversal says something important about how this bank reads the current inflation environment. The disagreement between Wells Fargo and two other major ...
Huang joining Trump's Beijing trip lifted hopes for wider Nvidia H200 chip access for Chinese AI firms.
Moby summary of Upexi, Inc.'s Q3 2026 earnings call
AI chipmaker priced shares above range as IPO demand exceeded available shares more than 20 times.
Brookfield says it owns $2 billion of pre-IPO SpaceX shares as Musk's company targets a valuation above $2 trillion.
FitLife Brands (NASDAQ:FTLF) reported sharply higher first-quarter 2026 revenue, driven by the acquisition of Irwin, while profitability declined as the company absorbed lower Irwin margins and higher acquisition-related expenses. Chief Executive Officer Dayton Judd said total revenue for the quart
DLocal (NASDAQ:DLO) reported another quarter of rapid payment volume growth, with management pointing to broad-based merchant expansion across emerging markets while also addressing higher operating expenses and a one-time tax adjustment that weighed on reported earnings. On the company’s first-qua
Gemini Space Station (Nasdaq: GEMI), the crypto exchange founded by Cameron and Tyler Winklevoss, just posted its first-quarter 2026 results — and simultaneously revealed a $100 million bet on itself at a time when few investors seem willing to make one. Total revenue for Q1 increased 42% ...
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 ...
Payments company posted $1 million net income while expanding debit and consumer finance offerings.
