Key Points South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) has signed a significant contract to design two nuclear reactors at Bulgaria’s Kozloduy nuclear
Key Points Over 32,000 Boeing machinists are set to vote Monday on a new contract proposal that could end a seven-week strike disrupting the company’s
Key Points This week, cloud computing was in the spotlight on Wall Street. Google’s cloud growth outpaced its rivals, signaling promising artificial intelligence (AI) traction
Key Points On Friday, U.S. oil giants Exxon Mobil (XOM.N) and Chevron (CVX.N) reported better-than-expected third-quarter earnings. Both companies outperformed their European counterparts due to
Key Points Chinese tech giant Huawei reported a significant dip in net profit despite a substantial increase in revenue for the first nine months of
Key Points Microsoft announced in its latest quarterly earnings report that it expects a $1.5 billion reduction in income this quarter due to anticipated losses
Key Points Alphabet, Google’s parent company, reported strong third-quarter earnings on Tuesday, highlighting the success of its AI investments and a substantial boost in its
Key Points According to a Wall Street Journal report on Tuesday, Elon Musk’s artificial intelligence startup, xAI, is reportedly in discussions to raise a new
Key Points Cadence Design Systems (CDNS.O) raised its annual profit forecast on Monday, reflecting its optimism about the booming demand for generative AI and advanced
Key Points Microsoft is projected to report its slowest revenue growth in a year on Wednesday, with analysts and investors closely watching for signals of
Key Points According to a source familiar with the matter, Boeing is expected to launch a substantial $15 billion capital-raising initiative as early as Monday.
Key Points Delta Air Lines has filed a lawsuit against cybersecurity firm CrowdStrike in Georgia state court, seeking damages following a massive software outage in
Key Points Alphabet’s autonomous driving division, Waymo, announced on Friday that it had completed a $5.6 billion funding round led by its parent company. The
Key Points Hyundai Motor is ramping up its efforts to solidify its position in India’s rapidly evolving automotive market, leveraging a diverse product range from
Key Points Intel has emerged victorious in a long-running legal battle against the European Union, overturning a €1.06 billion ($1.1 billion) fine imposed in 2009.
Key Points South Korea’s SK Hynix, the world’s second-largest memory chipmaker, reported a record-breaking quarterly operating profit of 7 trillion won ($5.07 billion) for the
Key Points Boeing CEO Kelly Ortberg outlined a cautious plan to steer the company towards recovery after posting a quarterly loss of $6 billion, largely
Key Points OpenAI and Microsoft have launched a major initiative to bring artificial intelligence (AI) tools into newsrooms, offering grants totaling up to $10 million
Key Points Taiwan Semiconductor Manufacturing Company (TSMC) has alerted U.S. authorities about a potential attempt by Huawei to circumvent export restrictions that prevent producing high-end
Key Points Qualcomm, the world’s leading supplier of mobile phone chips, announced on Monday that it is incorporating technology initially developed for its laptop processors
Key Points Honeywell (HON.O) and Google (GOOGL.O) announced on Monday that they have signed a strategic agreement to integrate artificial intelligence (AI) technology into their
Key Points Perplexity AI, the artificial intelligence startup backed by Jeff Bezos, has entered fundraising talks to raise $500 million in its latest funding round.
Key Points Nippon Steel Corp.’s ambitious plan to acquire U.S. Steel faces significant opposition from U.S. steelworkers and the Biden administration. Still, the Japanese steelmaker
Key Points Spirit AeroSystems, a key supplier for Boeing, announced on Friday that it will furlough 700 employees for 21 days due to the ongoing
Key Points Hyundai Motor Group and Toyota, two of the world’s top three auto manufacturers, have announced a partnership to accelerate advancements in artificial intelligence
Key Points Netflix is scheduled to report its third-quarter earnings after the market closes on Thursday. Wall Street is closely watching how the company’s evolving
Key Points As inflation continues to impact economies across Europe and the effects of the war in Ukraine ripple through industries, numerous companies have announced
Key Points Dutch chip equipment giant ASML faced a wave of criticism from shareholders on Wednesday after the company accidentally published its third-quarter earnings report
Key Points LG Energy Solution (LGES), South Korea’s leading battery manufacturer, has secured two significant agreements with Ford to supply 109 gigawatt-hours (GWh) of batteries
Key Points Boeing announced on Tuesday that it might raise $25 billion in shares or debt over the next three years. This move comes as
Key Points Alphabet’s Google has made history by signing the world’s first corporate agreement to purchase power from multiple small modular reactors (SMRs) to meet
Key Points Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, is poised to announce a 40% rise in third-quarter profit, driven by the
Key Points General Motors (GM) and Barclays have entered into a long-term credit card partnership to offer GM-branded credit cards that allow customers to earn
Key Points Chinese state-owned automaker GAC is considering manufacturing electric vehicles (EVs) in Europe to avoid potential tariffs imposed by the European Union. The company’s
Key Points Boeing announced on Monday that it will cut 17,000 jobs—about 10% of its global workforce—as part of its restructuring plan in response to
Key Points Swedish electric vehicle battery manufacturer Northvolt is discussing with investors and lenders to secure around €200 million ($218 million) in short-term funding, according
