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Prudential Financial settled for $100M over FTC charges that its Assurance IQ unit misled consumers on healthcare coverage. Assurance was shut down last year.
Maersk raised its full-year profit forecast as container demand beats trade dispute fears, expecting 2-4% volume growth in 2025 but slower in H2.
Spain dropped plans to buy U.S. F-35 jets and will choose between Europe's Eurofighter or Future Combat Air System.
United Airlines fixed a tech issue that caused flight groundings and delays on Wednesday. The team is working to restore normal operations, but some delays remain.
The Walt Disney Company reported strong financial results for its third fiscal quarter ended June 28, 2025, with revenues up 2% to $23.7 billion and income before taxes rising 4% to $3.2 billion. Total segment operating income grew 8% to $4.6 billion, while diluted EPS more than doubled to $2.92. Adjusted EPS increased 16% to $1.61. A major highlight was the
McDonald's reported strong results for Q2 2025, with global comparable sales up 3.8%. U.S. sales rose 2.5%, driven by higher average check sizes. International Operated Markets grew 4.0%, while International Licensed Markets increased 5.6%, led by Japan. Systemwide sales rose 8% (6% in constant currency), and revenue reached $6.84 billion, a 5% increase. Operating income grew 11% to $3.23 billion,
Sideways trading range between major support at 3282.30 and strong resistance at 3422.42. Currently, the price action has a clear bullish tilt. After bouncing from the bottom of the range, Gold has rallied decisively above the key mid-range pivot point at 3372.25. This upward momentum is confirmed by a bullish "golden cross" of the moving averages and an RSI reading
China's July exports beat forecasts as firms rushed shipments amid a tariff truce. Markets await a U.S.-China trade deal by Aug 12 to avoid steep new duties.
Trump announced Apple will invest an extra $100B in the U.S., raising its 4-year commitment to $600B, aiming to avoid tariffs and boost domestic growth.
SoftBank posted a $2.87B net profit in April–June, rebounding from a $1.2B loss last year and beating the $880M average analyst estimate.
GM and Hyundai plan to jointly develop 5 vehicles to cut costs, with 4 models set for 2028 launch in Latin America, offering both gas and hybrid options.
Brian Robbins steps down as Paramount Global co-CEO after its Skydance merger. David Ellison will lead the new company as CEO starting August 7.
Toyota will build a new factory in Toyota City, Japan, set to open in the early 2030s. Production models and other details are yet to be decided.
The Monetary Policy Committee (MPC) voted by a slim 5-4 majority to cut the Bank Rate by 0.25 percentage points to 4.0%. The decision reflects the substantial disinflation achieved over the past two years and an economy showing subdued growth and emerging slack. Despite this rate cut, the MPC noted that headline CPI inflation recently rose to 3.5% and is
Uber launches $20B buyback, sees Q3 bookings beat estimates. Uber One members hit 36M, driving 1/3 of bookings and 3x more profit than single-service users.
After a sharp sell-off, the price has found temporary footing and is now moving sideways in a narrow range directly on top of the critical support level at 42.60. The bearish outlook is strongly reinforced by the moving averages, which are stacked in a bearish formation and remain far above the current price, acting as heavy resistance. Furthermore, the slow-moving 100-period
AMD reported record revenue of $7.7 billion in Q2 2025, up 32% from last year. Net income was $872 million, with earnings per share at $0.54. On a non-GAAP basis, net income was $781 million and EPS was $0.48. Profit margins dropped due to a $800 million charge from U.S. export restrictions on its MI308 AI chips. Without this, the adjusted
McDonald's Q2 global same-store sales rose 3.8%, beating estimates of 2.4%, driven by value deals and strong U.S. and international demand.
German industrial orders fell 1% in June for the second month, hit by weak foreign demand and rising U.S. tariffs, data showed on Wednesday.
Sainsbury's is selling its travel money business to Ireland's Fexco. The deal's financial terms weren't disclosed.
Wells Fargo expands AI use with Google Cloud to aid staff across roles, automating tasks and boosting efficiency with Google's Agentspace platform.
The daily chart for Bitcoin shows a strong and sustained uptrend that is currently undergoing a natural corrective pullback. After a powerful move from lows around 80,000 to a peak above 120,000, the price has entered this correction, a development that was anticipated as the Relative Strength Index had reached overbought territory. Currently, the price is testing the 30-day moving
UK services sector saw biggest drop in new orders in 3 years, raising pressure on the Bank of England to cut rates from 4.25% amid economic slowdown fears.
Walt Disney's ESPN will acquire NFL Network and more, giving the NFL a 10% stake in ESPN to boost content for its upcoming streaming service.