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Warner Bros. Discovery CEO David Zaslav and CFO Gunnar Wiedenfels argue in a recent court filing that a federal securities class action brought by purchasers of WBD stock is without merit. The plaintiffs say they were misled by WBD’s statements and omissions about negotiations for a new NBA TV deal last year. Jonathan D. Polkes …...
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(Bloomberg) -- President Donald Trump said he reached a deal with Indonesia that will tariff its goods at 19%, adding that the Southeast Asian nation agreed to erase all duties on US imports and buy more than $19 billion of American products including 50 Boeing Co. jets.Most Read from BloombergThe Dutch Intersection Is Coming to Save Your LifeAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsLA Homelessness Drops for Second YearManhattan, Chicago Murder Rate...
Continue ReadingJune CPI, PPI, and Retail Sales hit this week, offering key macro information for investors and policymakers...
Continue ReadingSee more on Alphabet's Q2'25 earnings preview with forecasts of $93.75B revenue, key growth drivers like AI & Cloud, and why GOOG is rated HOLD at $185/share...
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xAI's first AI companions on the Grok app are a lustful anime girl and a homicidal panda...
Continue ReadingNvidia stock jumps after the chip maker says it soon expects to again begin selling its H20 AI chip in China, while earnings from JPMorgan Chase, Wells Fargo, and Citigroup beat analysts’ estimates...
Continue ReadingIBM’s July 25 launch of its Power11 AI servers, following strong earnings and a 56% stock surge, could mark a turning point as the company aims to cement its leadership in enterprise AI infrastructure...
Continue ReadingTesla Inc. (NASDAQ:TSLA) has faced declines in deliveries in many European regions, which could be attributed to weaker demand for electric vehicles, calls for boycotts over CEO Elon Musk's political views, or increased competition from other .....
Continue ReadingTesla stock tumbled Tuesday following a report that said one of the company’s sales executives had departed. With CEO Elon Musk spending more time at Tesla and less time in Washington, heads are starting to roll. Shares of the EV maker traded as high as $321.20, pushing Tesla’s market value back above $1 trillion, but ended the day down 1.9%, closing at $310.78...
Continue ReadingTesla Model Y launches in India at $70,000...
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