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Delta Air Lines Announces Major Leadership Reshuffle, Appointing New President, COO, and CFO
Delta Air Lines announced significant changes to its executive leadership team, prompted by the upcoming retirement of its Chief of Operations. The reshuffle...
Barclays Reduces Adobe's Price Target to $335 Ahead of Earnings
Barclays cut its Adobe price target to $335 on Wednesday. The previous target was $415. The firm maintains an "overweight" rating. Increased competition and...
Chinese Tech Stocks, Including Baidu, Weaken Amid AI Spending and Competition Fears
China’s major technology stocks, including Baidu, faced a selloff. Investor concerns over rising costs and intense artificial intelligence competition drove...
BJ's Wholesale Shares Slide 2.5% as Weak 2026 Guidance Offsets Q4 Earnings Beat
BJ's Wholesale Club Holdings, Inc. reported adjusted earnings of $0.96 per share for the fourth quarter of fiscal 2025. This result exceeded the analyst...
IREN Shares Slide as $6B Equity Offering Sparks Dilution Fears Following NVIDIA Deal
IREN shares fell approximately 5% during early trading on Thursday. This decline reversed a portion of the 12.84% gain recorded on Wednesday. The initial...
Virtuix Achieves 41% Revenue Growth and Major Margin Turnaround in First Nine Months of Fiscal 2026
Virtuix Holdings Inc. announced financial results for the third quarter and nine months ended December 31, 2025. Net sales for the nine-month period...
Ford U.S. Sales Slide 5.5% as F-150 Lightning Plunge Offsets Surging SUV Demand
Ford Motor Company reported a 5.5% year-over-year decline in U.S. sales for February 2026. The automaker sold 149,962 vehicles during the month. Year-to-date...
Sony Reverses PC Strategy, Restricting Major Single-Player Titles to Drive Console Sales
Sony is halting the release of major single-player PlayStation titles on PC, reversing a multi-platform strategy maintained for the past six years. This shift...
Bank of America Backs Klarna With Buy Rating Amid Negative Margins and Volatility
Bank of America analyst Matthew O'Neill resumed coverage of Klarna Group plc (KLAR) with a Buy rating. O'Neill established a price target of $21 for the...
AppLovin Stock Surges 10% on Plans to Enter E-Commerce Market 10x Larger Than Gaming
AppLovin shares rose 10% following management’s presentation at the Morgan Stanley Technology, Media & Telecom Conference. CEO Adam Foroughi identified a...
Eli Lilly Launches Employer Connect to Bridge Obesity Drug Coverage Gap for Millions of Workers
Eli Lilly and Company launched its Employer Connect platform on March 5, 2026. This initiative increases employee access to obesity medications through...
Amova Asset Management Boosts Circle Stake by 222% Amid Crypto Market Surge
Amova Asset Management Americas Inc. increased its position in Circle Internet Group, Inc. by 222.1% during the third quarter. The firm disclosed the...
China Chip Leaders Push for National Lithography Breakthrough to Rival ASML by 2030
Chairmen from Naura Technology Group and Yangtze Memory Technologies Corp. have issued a public call for a coordinated national effort to develop domestic...
Meta Expands Custom Silicon to AI Training in Bid to Reduce Nvidia Dependency
Meta Platforms is expanding its custom silicon program to develop proprietary chips for complex AI model training. CFO Susan Li confirmed the company will...
Mastercard Launches Open Standard to Secure Autonomous AI Agent Transactions
Mastercard has introduced a new open standard to verify purchases executed by artificial intelligence agents on behalf of consumers. The framework establishes...
NVIDIA Caps OpenAI Investment at $30B to Prioritize Hardware Sales and Infrastructure Revenue
NVIDIA CEO Jensen Huang announced at the Morgan Stanley Technology, Media & Telecom Conference that the company’s $30 billion investment in OpenAI is likely...
Alibaba CEO Takes Command of New AI Task Force to Accelerate Open-Source Strategy
Alibaba established a special task force to accelerate foundational AI model development. CEO Eddie Wu, Group CTO Wu Zeming, and Alibaba Cloud CTO Zhou Jingren...
AWS Launches Amazon Connect Health to Tackle Healthcare Administrative Burden
Amazon Web Services (AWS) launched Amazon Connect Health, a suite of AI-powered tools for the healthcare industry. The move marks a strategic expansion into...
ARK Invest Acquires $387M BitMine Stake as Company’s Crypto Treasury Hits $9.9B
ARK Investment Management LLC acquired 7,469,813 shares of BitMine Immersion Technologies, Inc. (BMNR) according to a recent SEC filing. The investment is...
Berkshire Hathaway Resumes Buybacks to Deploy $373 Billion Cash Pile After Stock Slide
Berkshire Hathaway resumed repurchasing its Class A and Class B shares on March 4, 2026. The company disclosed the move in a Form 8-K filing on March 5....