Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise
Stock rose after the shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia.
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Lenovo Posts Record Revenue, Expects to Hit $100 Billion Goal This Year
Lenovo Group kicked off its fiscal year on a strong note with record-high revenue thanks to robust artificial-intelligence infrastructure demand and its resilient personal-computer business.
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SMIC Posts Earnings Beat as Mature-Node Orders Surge
China's biggest chip foundry recorded a surge in net profit and revenue in the second quarter, cashing in on robust orders for legacy and specialty semiconductors.
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Vanguard Conquered the ETF World. Where It's Aiming Next.
Here's how CEO Salim Ramji plans to bring Vanguard's low-cost, high-return formula to cash savings, financial advice, and active fixed income.
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Adyen Shares Jump as Earnings Rise and Growth Accelerates
Stock in the Amsterdam-based payments provider rose more than 9% after first-half earnings increased.
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Antofagasta Posts Higher Earnings But Cuts Production Guidance After Heavy Rain in Chile
Higher prices helped offset a rise in operating costs, but the copper miner cut its full-year production outlook after severe weather temporarily closed a mine.
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Hapag-Lloyd Earnings Recover on Strong Asia Exports
The earnings growth comes after operational disruptions weighed on the first quarter, and was mainly driven by robust exports out of Asia and better U.S. demand.
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Apple in Talks to Pay Publishers to Improve AI-Powered Siri
The content deals could provide the tech company's voice assistant with current news and information.
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DeepMind's Hassabis Pitched AI-Oversight Body Before Shake-Up
Alphabet's top scientist discussed the proposed new entity with heads of other AI labs and Trump administration officials including Treasury Secretary Scott Bessent.
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Cisco Reports Sharp Jump in Profit as AI Orders Roll In
"Customers know that if they pause or slow down they run the risk of being way behind," Chief Executive Chuck Robbins said.
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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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StubHub Fails to Turn Profit as Costs Outpace Revenue Growth
The company wasn't able to turn a profit in the second quarter despite surging revenue from the World Cup as costs climbed.