Shares of International Business Machines suffered their steepest daily decline in more than 25 years on Monday, after comments from AI startup Anthropic reignited investor anxiety about the future of legacy software businesses ... ....
The United States' new round of global tariffs at a rate of 10% took effect on Tuesday, reviving trade tensions only days after the Supreme Court struck down PresidentDonald Trump’s sweeping “liberation day” tariffs from last year ... ....
The report, co-authored by Alap Shah, suggests that by June 2028, the global economy may be caught in an "intelligence displacement spiral"—a negative feedback loop where abundant machine intelligence renders human labor obsolete ...Source ... Source ... ....
Domino's Pizza reported stronger-than-expected fourth-quarter US same-store sales on Monday, as aggressive promotions and new menu launches helped draw budget-conscious diners, sending shares up about 5% in premarket trading ... ....
Merck said on Monday that it will split its human-health operations into two separate divisions, a move designed to sharpen focus across its portfolio and ensure smoother launches of new medicines ... She previously served as president of Merck’s U.S.
A viral thought exercise by Citrini Research has sparked a sharp selloff in the stocks of several companies mentioned in the model scenario ... Citrini’s authors were careful to frame the document as a thought experiment ... ....
US economic growth slowed to 1.4% in Q4 as a government shutdown hit spending, while inflation stayed stubbornly high, complicating the Fed’s policy outlook.
Stocks climbed in the immediate aftermath, with investors betting that the removal of the emergency tariffs could ease cost pressures on businesses and consumers ... whether ....
The reshaping leaves the company concentrated on coffee, petcare, nutrition and food, a structure management says will allow for sharper execution and faster decision-making.
Walmart reported stronger-than-expected fourth-quarter results on Thursday, but its shares slid after the retailer forecast annual sales and profit below Wall Street expectations.