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Browsing: Business
Best Buy Q2 revenue hit $9.44B, beating forecasts, with gains in online and global sales, while the retailer maintained its full-year guidance.
Amtrak begins rolling out its $2.4 billion fleet of new Acela trains, designed to deliver higher speed and better comfort on the heavily used Northeast Corridor.
S&P 500 closes higher as Nvidia leads tech gains, while investors downplay Trump’s Fed actions and await upcoming inflation and job market data.
Bitcoin tumbled under $110000 alongside Ethereum losses and ETF redemptions, signaling a shift in investor behavior toward lower-risk assets.
Fears of an AI bubble grow as analysts warn that tech stock valuations and market behavior are starting to mirror the lead-up to the 2000 dot-com crash.
Puma shares surged over 17 percent as the Pinault family’s Artémis considers selling its 29 percent stake in the German sportswear company.
Keurig Dr Pepper will acquire JDE Peet’s for €15.7B and split into two U.S.-listed companies, reshaping beverage and coffee markets worldwide.
President Trump confirms tariffs on imported furniture will begin in 2025, citing national security concerns and a goal to restore U.S. manufacturing.
The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.
Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.
