FIFA, soccer’s highest governing body, is exploring raising more than $4 billion by selling a stake in a new commercial venture. The venture would be valued at around $20 billion and house the group’s broadcast rights, sponsorship, ticketing and licensing businesses across men’s, women’s and youth soccer, FIFA said Tuesday. It said is working with investment bankers at JPMorgan and advisers including OpenEconomics.
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Boeing's defense segment flipped from profit to loss despite posting double-digit revenue growth, and a single line item on one troubled government contract tells the whole story.
The industry is contending with one of its toughest challenges yet under the Republican administration.
Brown & Brown (NYSE:BRO) reported second-quarter revenue of $1.7 billion, up 30.4% from a year earlier, as acquisition activity and higher contingent commissions helped offset pressure from declining catastrophe-property insurance rates. Chief Executive Officer Powell Brown said the company’s resul
American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite data center business. President and CEO Steve Vondran said the company’s performance was supported by “robust
NBT Bancorp (NASDAQ:NBTB) reported second-quarter net income of $53 million, or $1.02 per diluted common share, as record net interest income, loan growth and fee-based revenue contributed to improved results. President and CEO Scott Kingsley said the company delivered “significantly stronger earni
Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. Its shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 trillion. The iPhone maker became the most valuable company in the world earlier this month, overtaking chip giant Nvidia - which had been at the top since June 2025 and was the first company ever to breach the $5 trillion threshold.
China's launch of a homegrown type of advanced lithography chip printing machine is spotlighting how European chip tool maker ASML, whose recent share price surge made it Europe's most valuable listed company, is being squeezed between two sides. On the one hand, U.S. controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, Beijing's push for technological independence in areas such as chip production raises the possibility of a China-based competitor. Reuters reported on Tuesday that a little-known Chinese state-owned firm called Shanghai Aishengna Electronic Technology Group was leading an effort to mass produce locally made immersion deep ultraviolet (DUV) lithography tools, key to modern chipmaking.
Paze faces an uphill battle to get people to use its online checkout button over Apple Pay and Google Pay.
Investors are locking in profits before Bloom Energy reports later today.
18% That's roughly how much cheaper shares in Elon Musk's space-exploration and AI company are today, compared with their IPO price of $135. The stock climbed above $200 shortly after its hotly anticipated market debut.
Interest rates have not moved since December's quarter-point cut to a range of +3.50-3.75%.
By Nate Raymond July 28 (Reuters) - EBay and three former top executives have agreed to pay $55.7 million to resolve a lawsuit by a Massachusetts couple who fell victim to a bizarre stalking and
The new commitments include expanded gateway pricing and temporary access to competing rail service if performance slips after the merger.
Applied Digital is scaling contracted AI capacity, securing lower-cost financing and targeting a $1 billion annual NOI run rate within one year.
A brutal year for Tesla investors is getting even more brutal.
The headline numbers for UPS (UPS) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AVY heads into the Q2 earnings release with higher revenue and EPS estimates as productivity gains and Intelligent Labels growth face cost and demand headwinds.
Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, said late on Tuesday it had begun gradually resuming operations at its Japan Advanced Semiconductor Manufacturing (JASM) plant in Japan's Kumamoto prefecture after a strong earthquake prompted the precautionary evacuation of workers. The company said all personnel at the Japan site were confirmed safe after being evacuated in accordance with internal safety procedures. JASM's construction site was unaffected, TSMC said, adding that parts of the construction work had been suspended as a safety precaution because there could still be occasional aftershocks.
Sherwin-Williams posts solid second-quarter earnings and raises guidance even as macro uncertainty persists.
Online used car dealer Carvana (NYSE: CVNA) will be reporting results this Wednesday after market close. Here’s what to look for.
The Apple Upgrade program will allow customers to pay monthly for new products and then return, upgrade or buy the device.
Can BBAI's contract momentum, AI growth and improving margins outweigh execution risks ahead of Q2 earnings?
Visa is cutting 2,600 jobs, or about 7% of its workforce, as it works to adapt to the rapidly changing payments industry. “To capture the opportunities ahead and best position Visa to lead this transformation, we must continue evolving how we work,” he wrote in a memo viewed by The Wall Street Journal. Visa joins other large companies seeking to streamline operations and improve efficiency with AI.
PayPal (NASDAQ:PYPL) reported second-quarter results that exceeded its expectations, citing growth in Venmo, credit products and Braintree, while raising full-year guidance for transaction margin dollars and non-GAAP earnings per share. CEO Enrique Lores said revenue increased 5% during the quarter
CommVault Systems (NASDAQ:CVLT) reported first-quarter fiscal 2027 results that exceeded its expectations, driven by continued growth in subscription and software-as-a-service offerings, while the company raised its full-year non-GAAP EBIT margin outlook and subscription revenue guidance. Chief Exe
Core Scientific (NASDAQ:CORZ) said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements. Chief Executive Officer Adam Sullivan said the initial agreements repre
Cadence Design Systems stock jumped Tuesday after the chip-design company reported better-than-expected earnings and reaffirmed its positioning as an artificial-intelligence beneficiary. Cadence reported adjusted earnings of $2.11 a share in the second quarter, up from $1.65 a year ago and above analysts’ consensus estimate of $2.05, according to FactSet. Cadence lifted its full-year guidance for adjusted earnings per share to between $8.05 and $8.15, up from a previous range of $7.85 to $7.95.