Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains. The company, widely regarded as a barometer of global trade, said the decision to halt the FM1 service, connecting the Far ...
Elon Musk has made an investment in Skydance of roughly $1 billion, according to a person familiar with the matter who asked not to be named because they were not authorized to speak publicly. The financial injection comes as the company looks to cut costs. Paramount closed its acquisition of Warner ...
Meta shares slumped roughly 6% on Thursday as the social media giant showed negative free cash flow in its third-quarter earnings and raised the floor of its full-year capital expenditures. The spread on the social media giant's five-year credit default swaps reached all-time highs on Thursday, a signal ...
Meta reported better-than-expected revenue in its third-quarter earnings report on Wednesday and issued strong guidance for the current period. The stock rose about 2.5% in extended trading. It's not clear if earnings were comparable to the $5.75 per share expected by analysts.
Shares of South Korean chipmaker SK Hynix's were down as much as 3% in Seoul on Friday morning after the company halted a review of a potential U.S. initial public offering for its subsidiary Solidigm.
Elon Musk has made an investment in Skydance of roughly $1 billion, according to a person familiar with the matter who asked not to be named because they were not authorized to speak publicly.
Meta shares slumped roughly 6% on Thursday as the social media giant showed negative free cash flow in its third-quarter earnings and raised the floor of its full-year capital expenditures.
Would-be homebuyers are pulling back as mortgage rates remain in the mid-7% range.
Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is "off the charts," but scarce capital is holding back growth.
U.S. equity futures slid early Thursday after investors digested third-quarter earnings from Big Tech names including Meta Platforms and Tesla.
James Talarico, the Democratic nominee seeking a Senate seat from Texas, fired back Wednesday night at Elon Musk for an X post in which the world's richest man hours earlier had said, "There is something deeply wrong with Talarico."
Meta reported better-than-expected revenue in its third-quarter earnings report on Wednesday and issued strong guidance for the current period. The stock rose about 2.5% in extended trading.
Tesla reported better-than-expected third-quarter results after the bell on Wednesday, even as automotive revenue dropped. The stock rose slightly in extended trading.
Tanglewood Forest is Austin’s hottest neighborhood of 2026, followed by Buttercup Creek and Behrens Ranch. The list includes neighborhoods close to downtown Austin as well as suburbs farther out.
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