timef 11/04/2025

"The idea that chips and ontology is what you want to short is bats--- crazy," Alex Karp said.

Amazon, Target and UPS are laying off thousands of employees, but the reasons behind the cuts go a lot deeper than AI.

The clash reflects the shifting landscape for weight loss and diabetes drugs, with Novo Nordisk trailing Eli Lilly as companies like Pfizer race to break in.

A report by U.S. short seller Hindenburg derailed Adani Enterprises' plans to raise money in 2023.

Pfizer hiked its full-year profit guidance, citing its strong business performance and cost cuts, even as sales for the period fell.

Yum Brands will explore strategic options for Pizza Hut, which has struggled in recent years.

Ferrari recently notched its worst-ever trading day after its 2030 guidance fell short of analyst expectations.

Artificial intelligence companies racing to expand in India are not just chasing customers, but they are enlisting millions of users to help train AI models for the world.

Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal.

The CEO of Binance has dismissed claims the company went out of its way to boost a Trump-backed stablecoin ahead of pardon of its co-founder Changpeng Zhao.

European stocks opened in negative territory on Tuesday, reversing positive sentiment seen at the start of the new trading month.

Even as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based index ended the day lower.

BP's results come just over eight months after the company launched a fundamental strategic reset.

U.K. Chancellor Rachel Reeves is expected to give a clearer indication that tax rises are coming in her Autumn Budget later this month when she gives a speech this morning.

Global markets may be due for a reality check after this year's relentless rally, said Goldman Sachs and Morgan Stanley.

Nintendo is riding a wave of momentum after launching its latest console called the Switch 2.

Alphabet, Meta, Microsoft, and Amazon collectively expect $380 billion in capex this year, while OpenAI has announced $1 trillion in infrastructure deals.

The speed at which both businesses and consumers are adopting AI sets this boom apart from other bubbles, Antler founder Marcus Grimeland told CNBC.

Third-quarter revenue came in at 418.16 billion Saudi riyals from 416.63 billion Saudi riyal in the same period of the previous year.

Even as the S&P 500 and Nasdaq Composite rose on the back of the tech behemoths, more than 300 stocks in the broad-based index ended the day lower.

Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a tech-fuelled rally stateside.

In recent years, the coffee giant has seen its sales in China plummet.

Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.

The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.

Elon Musk's automaker faces a widening probe concerning alleged safety defects with the company's flush-mounted, electronic door handles.

In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.

The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.