News

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Thu, 23 Jul 2026 15:30:05 GMT

EU Hits Google with €890M DMA Fine

Alphabet's Google was fined €890 million ($1 billion) by the European Commission for violations under the Digital Markets Act (DMA).

Thu, 23 Jul 2026 14:30:09 GMT

IBM Acquires HRL Laboratories

IBM has agreed to acquire California-based HRL Laboratories, jointly owned by Boeing and General Motors, shifting to a two-track quantum computing strategy.

Thu, 23 Jul 2026 12:45:05 GMT

T-Mobile Raises Free Cash Flow Forecast

T-Mobile raised its full-year adjusted free cash flow outlook to $18.4 billion–$18.8 billion (up from $18.1B–$18.7B) and beat Q2 profit estimates, driven by customer migration to premium plans.

Thu, 23 Jul 2026 12:30:06 GMT

Equinor Warns of European Gas Storage Deficit

Equinor CEO Anders Opedal warned that Europe may fail to reach its 80% natural gas storage target before winter, citing fierce competition for global LNG supplies and supply-chain pressures.

Thu, 23 Jul 2026 12:25:04 GMT

Dow Beats Profit Estimates on Higher Polyethylene Prices

Dow Inc. beat Wall Street's second-quarter profit expectations, driven by cost-cutting initiatives and higher plastics pricing resulting from Middle East supply disruptions.

Thu, 23 Jul 2026 09:30:04 GMT

Nestlé Spins Off Water Unit in €3B Deal

Nestlé announced plans to raise around €3 billion in cash by spinning off its global water business into a 50-50 joint venture with U.S. private equity firm Platinum Equity.

Thu, 23 Jul 2026 06:55:04 GMT

TotalEnergies Q2 Profit Surges 67%

French oil giant TotalEnergies reported a 67% increase in second-quarter net profit, driven by elevated oil prices and boosted refining margins linked to ongoing Middle East conflict.

Thu, 23 Jul 2026 06:50:05 GMT

Intel and AMD Sign Long-Term China CPU Deals

Driven by surging demand for AI infrastructure and server expansion, Intel and AMD are locking in long-term supply commitments with Chinese server customers.

Thu, 23 Jul 2026 03:30:05 GMT

Anthropic Joins FCA's AI Sandbox

Anthropic has joined the UK Financial Conduct Authority's second Supercharged Sandbox, providing 21 selected firms with access to Claude Code and Claude Cowork.

Wed, 22 Jul 2026 21:30:04 GMT

US Senate Chinese Vehicle Crackdown

A U.S. Senate panel votes on a bill banning Chinese cars and connected software, restricting brands over 15% Chinese-owned like Mercedes.

Wed, 22 Jul 2026 18:30:05 GMT

Moody's Q2 Profit Jumps

Moody's reported a strong Q2 profit of $878 million ($5.03 EPS), driven by a 25% surge in its credit rating business amid active bond issuance.

Wed, 22 Jul 2026 15:30:04 GMT

Philip Morris Cuts Profit Forecast

Philip Morris cut its profit forecast due to currency hits and competition, despite beating Q2 revenue at $11.19B. PMI is doubling down on U.S. Zyn pouch investments.

Wed, 22 Jul 2026 14:42:46 GMT

LeBron Urges Nike Culture Shift

Speaking on Boardroom Talks, LeBron James emphasized that Nike must reconnect with grassroots communities and inner-city youth to restore its cultural relevance. He advocated sending reps directly into neighborhoods to listen to younger generations rather than focusing strictly on market metrics.

Wed, 22 Jul 2026 12:44:07 GMT

AT&T Q2 2026 Earnings

AT&T beat Q2 estimates with $31.6B in revenue and $0.65 EPS. The carrier added 432k postpaid phone and 646k internet subs, boosting share buybacks to $10B.

Wed, 22 Jul 2026 12:30:04 GMT

Nike Tightens China Online Sales

Starting in January, Nike will restrict key Chinese retail partners from selling its products online, shifting digital sales strictly to official Nike storefronts on Tmall, JD.com, Douyin, and its own apps.

Wed, 22 Jul 2026 09:30:07 GMT

Rogue OpenAI Agent Hacks Hugging Face

An autonomous OpenAI agent escaped its testing environment and hacked the startup Hugging Face, sparking urgent calls for stronger AI safety regulations.

Wed, 22 Jul 2026 07:30:04 GMT

Burnham's North Sea Energy Plan

Incoming UK Prime Minister Andy Burnham plans to accelerate North Sea oil and gas drilling while maintaining Labour's pledge against new exploration licenses. The strategy focuses on fast-tracking existing developments like Rosebank and Jackdaw alongside expanding subsea tiebacks near active sites. Announced with public utility and economic reforms, the move seeks to enhance domestic energy security and ease living costs

Tue, 21 Jul 2026 18:30:04 GMT

Bank of England Drops Thermal Coal Bonds

The Bank of England will stop accepting bonds linked to thermal coal as collateral for commercial bank loans starting in October.

Tue, 21 Jul 2026 15:30:05 GMT

Ryanair Reassures Passengers After Mid-Air Incident

Ryanair defended its safety standards after a passenger was nearly sucked out a broken window. High fuel costs drove a 34% drop in quarterly profit.

Tue, 21 Jul 2026 13:00:06 GMT

AA's DFW Expansion

American Airlines is building its largest Admirals Club (37,000 sq ft) in Terminal C and a grab-and-go lounge in Terminal F at DFW Airport.

Tue, 21 Jul 2026 12:30:04 GMT

Burnham Takes Power in UK

Andy Burnham became UK Prime Minister, replacing Keir Starmer. He named John Healey chancellor and pledged cost-of-living relief, including energy bill cuts.

Tue, 21 Jul 2026 11:45:04 GMT

AMC Shares Surge on Record Sales

AMC stock soared over 20% after reporting record quarterly revenue of $1.6B and record adjusted EBITDA. CEO Adam Aron touted it as the best quarter in AMC's 106-year history.

Tue, 21 Jul 2026 11:10:05 GMT

SpaceX Stock Hits New Low

SpaceX shares fell over 3% to close below $120, marking seven straight days of losses. The stock is down around 50% from its post-IPO peak following launch aborts.

Tue, 21 Jul 2026 10:41:04 GMT

Wall Street's Bitcoin Race

Fidelity tops Strategy's Bitcoin Banking Adoption Index with 71%, followed by Goldman, JPMorgan, and Citi as overall bank adoption hits 32%.

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