Target will cut 1,800 corporate jobs as it seeks growth after stagnant sales. Incoming CEO Michael Fiddelke leads the move to streamline operations.
Meta Platforms stock declined sharply after the company warned of accelerated, aggressive capital expenditure plans for its artificial intelligence and infrastructure development over the next year.
The Federal Reserve enacted its second 25-basis-point rate cut of the year. Chair Powell warned a December cut is "far from guaranteed," citing mixed economic data and ongoing government shutdown risks.
Boeing announced a nearly $5 billion charge in its latest earnings report after confirming significant delays in the delivery timeline for its long-awaited 777X wide-body jet until 2027.
Deutsche Bank's Q3 profit rose 7%, beating forecasts, driven by strong bond trading and debt issuance in its investment banking division.
Caterpillar's Q3 profit fell to $4.95 per share from $5.17, hit by weak U.S. construction and Trump-era tariffs, reflecting global industrial slowdown.
Carlsberg reported a 1.4% drop in organic sales and 3% lower volumes in Q3, citing weak consumer demand and announcing cost-cutting measures.
GSK raised its 2025 sales and earnings outlook after strong Q3 results, driven by HIV and cancer drugs, ahead of Luke Miels taking over as CEO in 2026.
Nvidia neared a $5T value after revealing $500B in AI chip bookings and plans to build seven supercomputers for the U.S. Department of Energy.
Toyota denied pledging a new $10B U.S. investment, after Trump claimed the automaker planned to pour that amount into its American operations.
Google struck a deal to buy power from a U.S. plant using carbon capture to fuel Midwest data centers, supporting its AI growth amid tight power supplies.
The U.S. partnered with Westinghouse's Canadian owners to build $80B in nuclear reactors, marking a major push for Trump's energy expansion plan.
Mercedes' Q3 operating profit fell 70% to €750M, hit by hefty redundancy costs and fierce competition in the U.S. and China.
JetBlue reported a smaller-than-expected loss as strong demand for premium travel and cost controls helped boost margins despite reduced domestic capacity.
Royal Caribbean forecast lower-than-expected quarterly profit due to rising costs, sending shares down.
Amazon will cut about 14,000 corporate jobs to streamline operations and invest in AI, with more layoffs expected next year.
U.S. Treasury's Bessent urged Japan to pursue sound monetary policy, pressuring the BOJ ahead of its meeting as markets expect no rate hike.
Citigroup and Coinbase partner to offer digital asset payment solutions for institutional clients, bridging fiat and crypto transactions.
Qualcomm unveils two AI chips for data centers, available next year, boosting its AI push; shares jump nearly 15% on the news.
Goldman Sachs is in talks with Kuwait's wealth fund for a $10B mandate to invest in private equity, credit, and infrastructure.
Lululemon teams up with the NFL on a new apparel collection launching Tuesday, featuring all 32 teams; shares rise about 5% in premarket trading.
UnitedHealth investors, including Buffett's Berkshire, back CEO Stephen Hemsley's return to revive Optum and restore growth after a tough year.
HSBC will take a $1.1B charge in Q3 after partly losing an appeal in a Madoff-related lawsuit over funds tied to the Ponzi scheme.
American Airlines lags Delta and United in profits and luxury travel, earning just $12M vs rivals' billions despite offering most U.S. flights.