Cisco Reports Higher Fourth-Quarter Profit as AI Orders Roll In
The company continued to receive billions of dollars in orders from artificial-intelligence hyperscalers.
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Cerebras Systems Reports Solid Earnings. The Stock Is Plunging.
Cerebras Systems stock has had a wild ride in a crowded field. Its stock was down despite a strong earnings report.
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Paramount Has Discussed Creating a Board to Ensure CNN's Independence
Talks about an oversight committee began before a lawsuit to block the Warner deal was filed.
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Wendy's Stock Soars on Report Trian Partners Prepares Bid to Take Company Private
Wendy's tells Barron's it would 'thoroughly review any proposal submitted by Trian consistent with its fiduciary duties.'
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Home Depot Chief Executive to Take Medical Leave of Absence
A senior vice president and the chief financial officer will oversee operations during CEO Ted Decker's absence.
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Eli Lilly Sues Sellers of Black Market Weight-Loss Drugs
Eli Lilly has filed six new lawsuits against U.S. entities that it alleges are selling a version of the company's investigational weight-loss drug on the black market.
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Nebius Stock Soars 28% as Revenue Beat Bolsters AI Rally. Michael Burry May Be Helping.
Nebius stock surges after second-quarter numbers from the AI cloud infrastructure company beat expectations. Short pressure may be helping, too.
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Brinker Forecasts Continued Growth on Chili's Momentum
Brinker International guided for another year of profitable growth, as its Chili's chain continues to attract value-seeking diners with its Triple Dipper appetizer, burgers and ribs.
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Bank of America to Deploy $250 Billion to Bolster AI and Energy Infrastructure
The bank is joining rivals that are rolling out pledges to back investments in U.S. critical industries.
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Norway Oil Fund Makes Record Profit, Buoyed by Asia Tech Stock Rally
The investment portfolio of the world's largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.
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Performance Food Sales, Profit Rise on Higher Prices
Performance Food logged higher sales and profit in the fiscal fourth quarter, as both costs and prices increased.
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Tata Sons Chairman to Exit After a Decade at the Helm
Natarajan Chandrasekaran has resigned as chairman of Tata Sons, putting an end to a decade at the helm and casting a spotlight on leadership at one of India's oldest and most prominent business groups.
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New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The probe targets the marketing practices of four prediction markets with operations in the city.
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Foxconn Ramping Up Global AI Server Production to Ride Booming Cloud Investment
The Taiwanese company reported another strong quarter as it boosted production of servers and other tech hardware for the global artificial-intelligence build-out.
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AI Spending Snuffs Out Tencent's Profit-Growth Run
Tencent has reported promising progress on the AI front in recent months, including the release of its Hy3 model.