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Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals.
Revenue for the Atlanta company increased to $47.86 billion from $45.28 billion, edging out the $47.24 billion that Wall Street had expected, according to a survey by FactSet. In the U.S., comparable store sales rose 1.3%. “We saw broad based demand across the business as customers continued to engage in smaller projects.”
It’s always noteworthy when a CEO of a multibillion-dollar company agrees to resign without severance and other perks. L3Harris only said that an investigation found the CEO had violated the company’s code of conduct and that his alleged behavior wouldn’t impact the company’s financial performance, business relationships and operations. The company may have reasons to stay silent, but the secrecy could also be a bad sign—if it continues and if the company doesn’t discuss Kubasik’s actions even with its employees, according to Guido Palazzo, a professor at Switzerland’s Université de Lausanne and co-author of last year’s book “The Dark Pattern: The Hidden Dynamics of Corporate Scandals.”
The Chinese internet titan’s second-quarter net profit and revenue came in below analysts’ expectations.
In some markets, the retailer’s insurance products will integrate pharmacy, vision and hearing benefits.
U. S. stock futures moved lower on Tuesday as investors monitored another rise in oil prices and the risk that disruption to the Strait of Hormuz could persist, while fresh U.
Paramount Skydance is demanding California and other US states suing to block its merger with Warner Bros. put up $1.9 billion to cover fees the company will have to pay if the deal gets delayed, according to a lawsuit filed Monday.If a judge approves the move at a hearing on Wednesday, California and the other 11 states, as well as the Writers' Guild of America, which is also suing to block the merger, would be on the hook for the cash if their legal action fails.
By David Shepardson WASHINGTON, Aug 17 (Reuters) - Paramount Skydance on Monday asked a U.S. judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88
FOREIGN EXCHANGE The WSJ Dollar Index is down 0.07 point or 0.07% today to 95.96 —Down for two consecutive trading days —Down 0.30 point or 0.31% over the last two trading days —Largest two-day point and percentage decline since Friday, July 31, 2026 —Off 8.
Nike stock hit its lowest closing price since 2014 on Monday, pushing the athletic apparel retailer to last place in the Dow Jones Industrial Average. The company shaved 9.75 points off the index. Shares are down about 78% from Nike's all-time closing high of $177.
By Karen Brettell NEW YORK, Aug 17 (Reuters) - U.S. stocks ended down on Monday and the dollar hit a two-month low against the euro as soft U.S. economic data, including an unexpected drop in retail
A child safety trial opening Tuesday in federal court is hammering Meta Platforms stock and pulling Pinterest and Snap down with it, even though neither faces the bench, as potential damages the company itself has flagged approach its entire market cap.
The only thing Nike is 'just doing' is serving up stretches of weak quarters and outlooks.
Stellantis stock tumbled to a new low on Monday after it announced a recall of almost 1 million vehicles worldwide. The recall is a software issue in the radio systems of Jeep, Dodge and Chrysler brand cars. The glitch interferes with their rear view cameras, the company said, but will be fixed via an over-the-air software update.
Klarna shares are shedding gains right before the BNPL firm's most watched earnings release since its IPO, and the moves rippling through Sezzle, Affirm, and PayPal tell very different stories about where investor conviction actually sits.
Goldman Sachs was the most bearish, pointing to market share losses, lower profitability and muted trading activity.
The EEOC said Nike has complied with its request for information connected to its probe into the company's DEI policies.
The defense contractor preserved guidance, but investors punished the surprise leadership break.
A federal appeals court just stripped away the legal shield that social media platforms have relied on for decades, and Snap is absorbing the first blow with thousands of lawsuits now cleared to proceed against it.
Home Depot stock has fallen 15% over the past 12 months. A persistently slow housing market has made home-improvement retailing a tough neighborhood to compete in.
On this episode of Stock Movers: - Shares of Alibaba (BABA) rise after disclosing a deal to sell its gaming arm and touting claims of more than 3 billion downloads for its open AI model. - Shares of DR Horton (DHI) and Macy's (M) are moved higher after Berkshire Hathaway disclosed stakes in the companies in a filing. - Shares of Snap (SNAP) are down in trading Monday. The stock is set to end its win streak over past two sessions.
The Department of Defense has been pushing contractors to ramp up production of critical munitions. RTX stock rose about 1% on Monday.
The defense contractor that overhauled the Qatar-donated jet to be Air Force One has replaced Christopher Kubasik.
L3Harris on Monday replaced Chairman, CEO Christopher Kubasik over conduct concerns following investigation. LHX stock falls.
Michael Saylor continues to run his Bitcoin accumulation flywheel in reverse.
Investing.com -- Analysts at Citi downgraded shares of SentinelOne and Netskope to Hold from Buy, saying the stocks have rallied sharply since April and now reflect expectations for a near-term demand inflection that may take longer to materialize.
Investing.com -- L3Harris Technologies shares fell roughly 2.7% in premarket trading Monday after the defense contractor announced the immediate departure of CEO Christopher Kubasik following a conduct review.
Odds of a Fed rate hike in September or 2026 slip further after Goldman Sachs says markets are still too hawkish even as inflation cools. As a result, US stock futures and Bitcoin price are bouncing today. Ad Ad Fed Rate Hike Odds Slip as Goldman Sachs Warns Markets Still Overly Hawkish The Wall Street
By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) - Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm
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