The Spy Scandal That Lays Bare Nvidia's Governance Vacuum
A false denial, a chairman-less board and no named successor highlight how Nvidia's board does things CEO Jensen Huang's way.
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Anthropic Prepares to Push Ahead With IPO Despite Market Jitters
The Claude maker is braving investor nerves around artificial intelligence and an Nvidia investigation.
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Exxon Takes First Step Toward Investing in Venezuela
The U.S. oil giant, whose CEO notably called the country "uninvestable" in January, has signed a memorandum of understanding to explore drilling opportunities there.
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Berkshire May Be Buying Class A Stock Directly From Holders to Boost Repurchases
During the third quarter, Berkshire repurchased $9.6 billion of stock. Most consisted of the more liquid Class B shares, but some $3.4 billion involved the A stock.
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Lucid's Earnings Miss and Expanded Saudi Loan Send Stock Lower
It has secured another $1.75 billion in liquidity from Saudi Arabia's sovereign-wealth fund ahead of its sub-$50,000 SUV launch next year.
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JBS Reports Lower Profit, Citing Difficult Operating Environment
The Brazilian meatpacking company Monday logged a profit of $164.4 million, or 15 cents a share, compared with a profit of $580.9 million, or 52 cents a share, a year earlier.
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New Type of Blood Thinner Approved to Prevent Repeat Strokes
Bayer's drug, when added to blood thinners, helped reduce the risk of second strokes without increased bleeding risks.
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Skydance Plans to Cut $6 Billion in Costs Following Warner Bros. Deal
Skydance plans to cut costs by eliminating layers of management, combining operations and reducing technology expenses.
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Jensen Huang's Affair Rings Alarm Bells for Nvidia Investors
Even if the woman Huang had an affair with isn't a spy, a relationship with an executive of a major customer should matter to shareholders.
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Take-Two Interactive Software Reports Lower Revenue Ahead of 'GTA VI' Launch
Chief Executive Strauss Zelnick said pre-orders for "GTA VI," which drops Nov. 19, have reached unprecedented levels.
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Hims & Hers' Climbing Costs Weigh on Outlook
The digital healthcare company narrowed its sales outlook after higher costs in the third quarter resulted in an unexpected loss.
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Stellantis Clinches Deal to Sell Canadian Factory to Defense Firm
The transaction, should it close as anticipated by the end of the year, would bring an end to car manufacturing at the Brampton, Ontario factory, which has emerged as a flashpoint in U.S.-Canada trade tensions.
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Trump Media & Technology Group Swings to Profit Ahead of TAE Technologies Merger
The parent of Truth Social on Monday reported a profit of $409.7 million in the third quarter, boosted by gains on digital assets.
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Rocket Lab Backlog Went to the Moon. The Stock Is Down Anyway.
Rocket Lab's third-quarter revenue of $268 million, topped Wall Street estimates of $257 million.