Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on strength…
SAN FRANCISCO, Oct 29 (Reuters) – OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the…
Stock futures moved lower on Wednesday night as investors digested a batch of Big Tech earnings and the Federal Reserve’s interest rate decision. Futures tied to the Dow Jones Industrial Average slipped 95 points, or 0.2%. S&P futures fell 0.2%,…
Meta, the parent of Facebook, Instagram and more, saw its top-line revenue jump 26% to a whopping $51.2 billion in the third quarter — a new quarterly record. But a provision of President Trump’s One Big Beautiful Bill Act led…
EXCLUSIVE: Paramount‘s motion picture divisions, including production, literary, marketing and music, were impacted today with many Melrose Ave lot vets exiting. The new David Ellison run conglom is handing out approximately 1,000 pink-slips as it looks to achieve $2 billion…
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned…
Traders work at the New York Stock Exchange on Oct. 28, 2025. NYSE U.S. stock futures were little changed Tuesday night after the major averages hit fresh records ahead of the Federal Reserve’s interest rate decision. Dow Jones Industrial Average…
Elon Musk has launched Grokipedia, a crowdsourced online encyclopedia that the billionaire seeks to position as a rival to Wikipedia. Writing on social media, Musk said that Grokipedia.com is “now live” and its goal is the “truth, the whole truth…
On Tuesday, Westinghouse announced that it had reached an agreement with the Trump administration that would purportedly see $80 billion of new nuclear reactors built in the US. And the government indicated that it had finalized plans for a collaboration…
On Tuesday morning, some Amazon employees learned they had lost their jobs — through text messages. Amazon sent two text messages early Tuesday to inform employees their jobs had been eliminated, according to people familiar with the matter and screenshots…