Home Depot Posts Higher Sales, Backs Outlook
Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot's sales higher and giving the company confidence to back its full-year outlook.
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Baidu's Profit, Revenue Continue to Fall as It Pivots to AI
The Chinese internet titan has been pouring money into AI, autonomous driving and chip design even as its bread-and-butter advertising business has continued to shrink.
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Costco Sells Vacations, Gas and, Soon, Medicare Plans
In some markets, the retailer's insurance products will integrate pharmacy, vision and hearing benefits.
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Xiaomi Has Another Weak Quarter Amid Memory-Price Hikes, Slow Demand
Xiaomi continues to face headwinds, with pricier memory chips pressuring smartphone margins, and reduced subsidies adding to already subdued consumer demand.
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BHP Annual Profit Rises on Record Copper Prices
The world's biggest miner by market value reported a 9% increase in annual net profit and an even bigger gain in underlying earnings as prices of copper surged to all-time highs.
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Paramount Wants $1.88 Billion Bond From States, Writers Challenging Warner Deal
The company says the litigants who sued to stop the deal should have to cover financial damages if they lose their lawsuit.
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Frasers Group Increases Hugo Boss Stake to 48% After Offer Period
The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company.
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Unitree IPO Could Mark New Era for China's Robotics Sector
Humanoid-robot startup Unitree's coming listing could unleash a fundraising frenzy across China's robotics sector, with the debut serving as a key test of market appetite
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Toll Brothers Earnings Will Offer Read on Luxury Home Demand
Toll Brother's wealthy clientele provides some insulation from the stagnant housing market. The company builds homes with an average price point around $1 million.
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Google Will Buy Spirit Airlines' Data for $10 Million to Help Fuel Its AI Ambitions
Google wins an auction to purchase a vast array of financial and operational data from the defunct budget airline.
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Nvidia's Huang Says OpenAI Data Center Could Generate $600 Billion in Revenue
Nvidia stock was reacting to its latest financial support for OpenAI's huge data-center plans.
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L3Harris Ousts Its CEO After Investigation Into Conduct
The defense contractor that overhauled the Qatar-donated jet to be Air Force One has replaced Christopher Kubasik.