Ford's $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year One
The Ford Fathom is the first in an expected line of new, more affordable EVs.
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Uber, Wayve Bring Robotaxis to London
Starting Thursday, passengers using Uber's app in the U.K. capital could be matched with a vehicle outfitted with Wayve's autonomous-driving technology.
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The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and Travel
Venture capitalists are pivoting to physical experiences as they seek businesses insulated from the rapid development of artificial intelligence.
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Microsoft to Change Reporting Structure to Reflect Effects of AI
Microsoft is changing its reporting structure from three segments to two-Agents and Infra, and Devices and Consumer.
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Mac-and-Cheese Disruptor Goodles to Be Acquired by Barilla
The maker of flavors like Here Comes Truffle will remain as a stand-alone brand within Barilla Group.
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Broadcom Third-Quarter Profit Soars on Growing Custom Chip Demand
Broadcom more than tripled its profit and nearly doubled its revenue in the third quarter, as the company said demand for its custom semiconductors should continue growing for the next two years.
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HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter Profit
HPE lifted its long-term growth targets after revenue gains across both of its segments drove a more than fivefold increase in its profit during the third quarter.
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PVH Second-Quarter Revenue Falls on Pressure From Iran War
The owner of Tommy Hilfiger and Calvin Klein reported a second-quarter loss of $102.9 million, compared with a profit of $224.2 million a year earlier.
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Snowflake's stock soars as the company blows away estimates with its AI-fueled forecast
Companies looking to build AI tools on top of their data are turning to Snowflake, driving robust revenue growth.
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U.S. Government Backs OpenAI in Copyright Fight With Publishers
Trump administration officials said in a court filing that limiting AI companies' ability to train on content creates national security concerns.
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Google Avoids Breakup of Dominant Ad Business
A federal judge ordered an end to practices that depress ad rates for web publishers, but declined to order a divestiture of Google's ad exchange.
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Five Below Raises Outlook as Sales Gain on Trendy Products
The discount retailer said it now expects sales of $5.63 billion to $5.71 billion for the year, up from its forecast from June for $5.4 billion to $5.48 billion.
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Chevron to Invest $7 Billion in Venezuela, Doubling Production
Other oil-and-gas companies, including Italian giant ENI and smaller U.S. players Primavera and Aspect Holdings, signed production deals as well.
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Uber's $15 Billion Takeover Bid Gets Delivery Hero Board Backing
The German delivery company said its management and supervisory boards had independently reviewed the U.S. giant's offer.
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Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy Varonis
Shares of the cybersecurity firm, which had a market value of around $5 billion, jumped on news of the discussions.