SpaceX dives 10% after AI spending surge rattles investors
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at…
Novo Nordisk releases earnings and guidance
Novo Nordisk CEO Maziar Mike Doustdar waits for the start of the pharmaceutical company’s annual general meeting in…
Snap CEO Sees New Wearable Glasses As ‘Largest Long-Term Opportunity’
Shares of Snap were up 12 percent after hours Monday as the social media platform beat second-quarter revenue…
NZ sharemarket up 0.5% after strong start to reporting season – Market close
“It was a great start to the reporting season. I’m feeling good about the local reporting – I…
Tech’s pricey AI buildout: Dwindling cash and soaring memory costs
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises…
Apple drops 9%, Amazon surges 14% after earnings
Amazon shares surged 14% on Friday while Apple dropped 9% as investors reacted starkly differently to their June…
US refiners see billions in profits from global fuel crunch
War and refinery attacks keep global fuel supplies under pressure. Photo / Getty Images Valero’s second-quarter net income…
AWS earnings Q2 2026
Amazon Web Services CEO Matt Garman speaks at the HumanX Conference in San Francisco on April 7, 2026.…
Amazon (AMZN) Q2 earnings report 2026
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael…
Meta tanks 9%, Microsoft jumps 8% as the AI trade splits Big Tech
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella. Getty Images | Reuters Microsoft shares jumped in…
Samsung Electronics second-quarter operating profit beats estimates
The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 7, 2026.…
PayPal Shifts Its Comeback From Checkout to the Wallet
PayPal’s turnaround hinges on a digital rebuild that includes stabilizing the checkout button consumers know today while preparing…