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Sept 2 (Reuters) - Southwest Airlines on Wednesday unveiled plans to open its first-ever airport lounges, as the carrier steps up efforts to attract higher-spending premium travelers and diversify
The fast-casual Mexican chain’s first restaurant on the continent is in Seoul, South Korea, in partnership with Sangmidang Holdings.
The Federal Reserve may have changed the way it moves markets without changing interest rates. Kevin Warsh went to Jackson Hole to tell financial markets to stop staring at the Federal Reserve. He never explicitly called for a rate hike...
A federal judge ordered an end to practices that depress ad rates for web publishers, but declined to order a divestiture of Google’s ad exchange and other technology.
The AI boom could complicate the Fed's next move
Broadcom might be the biggest winner from the AI-chip craze after Nvidia, but circumstances have changed, and the disadvantages of its strategy are coming into sharper focus. Amid those shifts, its allure for investors is also changing.
Artisan Partners, an investment management company, released its second-quarter 2026 investor commentary for the “Artisan Global Opportunities Strategy”. The letter can be downloaded here. Global equities rebounded sharply during the quarter, with the MSCI ACWI Index returning 15.3% as resilient economic growth, strong corporate earnings, and continued enthusiasm around artificial intelligence supported markets despite persistent […]
By Jody Godoy Sept 2 (Reuters) - Alphabet's Google escaped a breakup of its advertising technology business on Wednesday, when a judge in Virginia rejected U.S. antitrust enforcers' bid to force a
Chevron Corp. Chief Executive Officer Mike Wirth talks about the deal to invest $7 billion in Venezuela through a series of joint venture partnerships. It's part of the Trump administration's push to revive the country's oil industry. He speaks to Bloomberg's Tyler Kendall in Caracas.
The Dow Jones Industrial Average, S&P 500 and Nasdaq rose moderately today even as worries about rising bond yields and a surge in oil prices are top of traders’ minds. Here is what is driving the markets today: Bonds, treasuries and a global selloff: The bond market is dramatic again today.
Over the past six months, Booking has been a great trade, beating the S&P 500 by 5.5%. Its stock price has climbed to $196.08, representing a healthy 17.3% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Uber Technologies is cutting about 3,300 roles, or 10% of its staff globally, in a restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. Carmen Reinicke has more on "Bloomberg Open Interest."
US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks with Tyler Kendall in Caracas, Venezuela.
Palo Alto Networks says AI-driven threats are accelerating platform demand as record Q4 adoption and acquisitions support fiscal 2027 growth.
Dell Technologies stock (DELL) is jumping Wednesday morning after the computer company blew past fiscal full-year guidance forecasts. Yahoo Finance Executive Editor Brian Sozzi breaks down the positive stock reaction to Dell's latest earnings release.
A single line in U.S. customs law quietly bankrolled the ultra-cheap fashion giants shipping from Guangzhou to your door. Now that the loophole is closed, the bill is coming due and investors are only beginning to count the damage.
The payments giant has a moat that makes it a compelling buy.
Bond yields stayed elevated on Wednesday as oil prices hovered near $95 a barrel, spurring worries of higher inflation.
Broadcom Inc. (NASDAQ:AVGO) reports fiscal third-quarter earnings after the bell Wednesday, and prediction traders see little suspense over whether it beats expectations. The bigger question may be what CEO Hock Tan says about Broadcom’s AI customers and growing competition for...
Record sales and tariff refunds boosted margins as both brands hit quarterly highs.
New York Fed President John Williams indicated that he doesn't see clear-cut evidence right now that the Fed must raise interest rates to respond to persistent inflation. In an interview with CNBC, Williams said the current spate of rising prices is due in part to passing causes: one-time price increases from the Trump administration's tariffs and higher energy prices from the Iran conflict. It is not yet certain, he said, that those trends are snowballing into a broader bout of inflation that the Fed must respond to.
The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday’s jobs report.
The Fed chair expressed concern over stubbornly high inflation, which could be bad news for the market.
Chipotle Mexican Grill today announced the opening of its first restaurant in Asia at 423 Gangnam-daero, Seocho-gu, Seoul, South Korea, in partnership with Sangmidang Holdings (formerly SPC Group). South Korea will serve as a reference market for Chipotle’s expansion across Asia, establishing a model for how the brand can enter new markets while maintaining its […]
Nvidia and CrowdStrike are addressing what they see as one of cybersecurity’s biggest gaps: the need for cyber defenders to harness AI at the velocity of cyber attackers. In the current cyber landscape, frontier AI models are discovering bugs at machine speed—raising alarm bells among experts, who warn that when autonomous hacking models go rogue or attack companies, chaos is on the horizon.
The venture comes from former Ukraine defense chief Mykhailo Fedorov
Chevron (NYSE:CVX) said Wednesday it had agreed updated terms for its joint ventures in Venezuela and plans to invest more than $7 billion in the country over the next five years. The company said the investment is intended to support an increase in production to approximately 600,000 barrels per day.
Broadcom Inc. will release earnings for its third quarter after the closing bell on Wednesday, Sept. 2. Analysts expect the Palo Alto, California-based company to report quarterly earnings of $3.24 per share. That’s up sharply from $1.69 per share in...
Great earnings are now old news. The next market hurdles are the jobs report, CPI, and the Fed’s rate decision.
MongoDB Stock Takes a Hit as AI Costs Cloud Strong Earnings
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