Nidec shares plunge 22% on accounting probe

Signage at the Nidec Corp. Qingdao Industrial Park in Qingdao, China, on July 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of Nidec Corp plunged as much as 22.44% Thursday, after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics…

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Trump asks Supreme Court to take up tariffs appeal

U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump’s administration on Wednesday appealed to the Supreme Court a federal court ruling that said that most of his country-specific tariffs are illegal, setting up a legal clash that…

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Asia-Pacific markets: Nikkei 225, bonds, Treasurys

The Exchange Centre, which houses the Australian Securities Exchange (ASX), in Sydney, Australia, on Tuesday, Aug. 12, 2025. The S&P/ASX 200 index extended gains to 0.3% after the central bank cut the key cash rate by 25 basis points, a move widely expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Bloomberg |…

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Salesforce CEO calls guidance ‘appropriately conservative’ as stock declines after earnings

In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted its quarterly results Wednesday after…

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Salesforce (CRM) Q2 earnings report 2026

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company…

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