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Charles Schwab stock rises 14% after strong quarterly earnings report
Charles Schwab's stock rose over 14% in July after a rebound from an initial dip following its strong quarterly earnings report, which exceeded expectations with a net revenue of $7.1 billion. The increase in trading ac…
Hearst acquires Disney's 50% stake in A+E Global Media for $1.2 billion
Hearst has acquired Disney's 50% stake in A+E Global Media for $1.2 billion, gaining full control of popular networks like A&E and History. This sale allows Disney to refocus on its core businesses amidst streaming chal…
DOJ settles with OpenAI for $3.2 million over hiring discrimination
The U.S. Department of Justice has settled with OpenAI for $3.2 million over allegations of hiring discrimination against U.S. workers, claiming the company favored applicants with temporary visas. The settlement requir…
DuPont's quarterly earnings showed a 10% revenue drop, leading to initial investor disappointment; however, analysts believe the company's strong fundamentals …
New Jersey's attorney general has filed an antitrust lawsuit against Amazon, claiming the company unlawfully controls delivery contractors, hinders unionizatio…
AST SpaceMobile is developing a satellite network for smartphone connectivity, reporting significant revenue growth but facing heavy losses and debt, while Fir…
SpaceX will release its first quarterly earnings report today, with analysts predicting $6.82 billion in revenue. However, the upcoming lockup expiration allow…
Hannah graduated college debt-free by reselling thrift-store clothes, earning nearly $50,000 in a year. Her success reflects the growing trend of young entrepr…
Spotify has surpassed 300 million paying subscribers, significantly outpacing Apple Music’s 88 million. This growth is crucial as the audio streaming market is…
TechCrunch is offering an extra $100 discount on passes for its Disrupt 2026 conference in San Francisco, valid for one week. This promotion aims to increase a…
BNY Mellon will offer institutional crypto staking services in partnership with Galaxy Digital, aiming to attract clients in the growing digital asset market. …
T-Mobile has launched a new financing plan, EIP Flex 36, allowing customers to purchase smartphones with no upfront payment while covering the device cost, tax…
Analysts warn that selling Tesla's operations in China could significantly harm the company's value, as it represents about 20% of its revenue and is crucial f…
CoreWeave is investing $200 million in Singapore and Melbourne data centers to meet surging AI demand. The expansion targets a $200 billion market, positioning…
