BMW Group cuts its 2026 profit outlook again due to weaker Chinese demand, rising energy expenses, and intensified cost restructuring efforts impacting the second half of the year.
After a major round of layoffs plunged morale at Meta, Mark Zuckerberg urged employees to engage in company events, but the response has been lukewarm amid ongoing workload pressures.
Robinhood announced a 10% staff reduction to streamline its operations and flatten its organizational hierarchy while continuing to focus on growth and performance.
The proposed acquisition of Warner Bros. Discovery by Paramount Skydance has ignited a politically charged debate involving accusations of antisemitism and concerns over media consolidation and free speech.
SpaceX’s shares climbed sharply after its IPO, fueled by retail enthusiasm and broader market optimism ahead of the Federal Reserve’s upcoming interest rate announcement.
The US Justice Department approved the Paramount Skydance bid for Warner Bros., yet state attorneys general and international regulators continue scrutinizing the merger, keeping its fate uncertain.
Mode Inc is growing its reach through acquisitions, aiming to pay everyday users for sharing personal data like emails and photos to train artificial intelligence.
Bitcoin miner IREN acquires Nostrum Group in Spain, securing 490 MW of power to boost its AI cloud infrastructure and strengthen its European presence.
Centene offers buyouts to most employees amid membership losses, prompting questions about potential layoffs and effects on millions relying on its government-backed insurance.
SpaceX will publish all earnings reports and material news exclusively on its own website and X, bypassing traditional wire services amid intense scrutiny of its $85.7 billion IPO.
Shareholders have filed a lawsuit against Microsoft, accusing the company of misleading investors about Azure’s growth slowdown and the costs of AI infrastructure investments.
SpaceX completed the largest IPO in history, raising close to $86 billion as top underwriters exercised their share overallotment, signaling strong investor confidence.