Apple Scraps Electric Car Project
Apple Inc. is scrapping an ambitious, decade-long effort to develop an electric car with self-driving capabilities, according to reports on Tuesday. Project Titan Shutdown The project, known as Project Titan,…
Uniper’s 2024 Earnings Forecast
Uniper made a strong return to profitability in the previous year, but the energy market's uncertain future has cast a shadow over its upcoming earnings. The German gas importer anticipates…
Donaldson Sees Sales Surge
Donaldson Reports Strong Fiscal Second Quarter Results In its fiscal second quarter, Donaldson saw increased sales driven by a resurgence in the disk-drive sector, previously a drag on growth. Financial…
eBay’s Strong Q4 Performance
CEO Jamie Iannone's Optimistic Outlook During an interview, CEO Jamie Iannone expressed confidence in eBay's performance, forecasting a free cash flow of nearly $2 billion for the year. The company…
Walt Disney’s Indian Venture
Introduction Walt Disney Co. (DIS) revealed a groundbreaking agreement on Wednesday, teaming up with India's Reliance Industries Ltd. (500325) and Viacom 18 Media Private Ltd. The collaboration will merge the…
Progyny Revenue Concerns After Alabama Court Ruling
Progyny stock saw a decrease on Wednesday following a disappointing revenue outlook from the fertility-solutions company. Despite concerns stemming from the recent Alabama court ruling on in vitro fertilization, Progyny's…
Crown Holdings’ European VPPA
Crown Holdings, a leading packaging manufacturer, has recently entered into a significant 15-year virtual power purchase agreement (VPPA) with Enel Green Power España. This landmark deal marks Crown's first VPPA…
Acushnet Holdings Reports Decline in Golf Sales
Acushnet Holdings Reports Decline in Golf Sales Shares of Acushnet Holdings, the parent company of Titleist, took a hit as they reported a decrease in sales of golf clubs and…
Dell Technologies Q4 Earnings Report
Financial Performance Dell Technologies has exceeded market expectations with its latest quarterly earnings report, showcasing a robust demand for AI servers. Despite a year-over-year revenue decline of 11%, the company's…
SoundHound AI Reports Impressive Performance
In the latest financial report, SoundHound AI showcased a significant improvement in its fourth-quarter performance. The company reported a narrowed loss of $18 million, compared to $30.9 million in the…
Surging Asia-Pacific Stocks
Hong Kong Stocks Soar Hong Kong stocks made significant gains on Friday, with the Hang Seng Index (HSI) rising by 0.5% to 16,589.44. Meanwhile, the Nikkei 225 Index of Japanese…
Elon Musk Sues OpenAI
Elon Musk Sues OpenAI and CEO Sam Altman Elon Musk is embroiled in yet another high-profile battle, this time taking on artificial-intelligence start-up OpenAI and its CEO, Sam Altman. Musk…