Business

940 articles published

GM Raises 2026 Earnings Forecast After Strong Second Quarter Results

The automaker posted adjusted earnings per share of $3.57, beating Wall Street's estimate of $3.20, and raised its full-year adjusted EBIT guidance to between $14 billion and $16 billion.

Jul 21, 2026

London Stock Exchange Plans Round the Clock Trading Starting Next Year

The exchange intends to launch 24-hour trading in 2027, a move that would represent a major shift from traditional market hours.

Jul 20, 2026

Kioxia Analysts Hold Buy Ratings Despite Sharp Stock Price Drop

Price targets on the Japanese chipmaker sit roughly 130 percent above where the stock is currently trading, with analysts pointing to improving supply and demand conditions ahead.

Jul 20, 2026

New Zealand Inflation Hits 4.1 Percent as Fuel Costs Soar

The country's annual inflation rate reached its highest point in more than two years during the second quarter of 2026, pushing the central bank to raise interest rates.

Jul 20, 2026

Gasoline Prices Top $4 a Gallon as Hormuz Tensions Tighten Fuel Markets

The price surge is hitting American drivers during the peak summer driving season as a crisis in the Strait of Hormuz disrupts global fuel supplies.

Jul 20, 2026

AI Startup CuspAI Raises $450 Million to Speed Materials Discovery

The Cambridge-based company is now valued at $2.6 billion and has launched a coalition of more than 45 firms including Nvidia, Meta, and Samsung.

Jul 20, 2026

South Korean Retail Investors Lose Billions on Leveraged Chip ETFs

The KODEX SK Hynix Single Stock Leverage ETF has fallen about 70% from its June record high after a sharp reversal in semiconductor stocks.

Jul 20, 2026

TSMC Commits Additional $100 Billion to Arizona Chip Manufacturing

The company's total Arizona investment now stands at $265 billion as AI demand drives a full-year capital spending increase to as much as $64 billion.

Jul 20, 2026

Spain Beats Argentina 1-0 in Extra Time to Win 2026 FIFA World Cup

Ferran Torres scored the decisive goal in extra time at New York/New Jersey Stadium, giving Spain its second World Cup title.

Jul 19, 2026

Trump Media Stock Rises 13 Percent on Plan to Sell Real-Time Post Access

The company plans to launch Truth API on August 1, offering businesses a licensed feed of market-moving posts from top Truth Social accounts.

Jul 19, 2026

U.S. Death Toll Reaches 17 as Iran Fighting Enters Dangerous New Phase

A third American service member was killed Saturday during disposal of ordnance from a downed Iranian drone, bringing total deaths to 17 since February.

Jul 19, 2026

Spanish Goalkeeper Says He Hopes World Cup Handshake With Trump Passes Quickly

Borja Iglesias made the comments to Spanish media on Saturday before the World Cup final against Argentina.

Jul 19, 2026