Apple CEO Tim Cook looks on during an event with President Donald Trump in the Oval Office of the White House on Aug. 6, 2025. Win Mcnamee | Getty Images Earlier this year, Mono Technologies assembled and shipped nearly 1,000 units of its flagship product, a $600 router development kit. Co-founder Tomaž Zaman, who started…
Oracle CEO Clay Magouyrk, right, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle just wrapped up its worst week on Wall Street in 25 years as concerns continue to mount about the software company’s debt load and whether…
Samuel Boivin | Nurphoto | Getty Images Micron Technology’s shares tumbled on Friday, giving back some of the gains from a post-earnings rally, as the memory chipmaker looked to wrap a rocky week of trading that has seen big swings. The stock sank more than 6% as other tech firms also struggled. Intel fell 3%, Arm shed nearly…
The Chicago Bulls celebrate during the game after Nikola Vucevic #9 of the Chicago Bulls scores the game winning buzzer beater against the Portland Trail Blazers on Nov. 19, 2025 at the Moda Center Arena in Portland, Oregon. Cameron Browne | National Basketball Association | Getty Images Walmart heir Lukas Walton and his wife, Samantha,…
The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and “endless shrimp” promotion backfired against company revenue. Brandon Bell | Getty Images Restaurant chain Red Lobster’s “Everyday $20 Ultimate Endless Shrimp” offering was described as a…
The Airwallex logo appears on a laptop computer screen in this photo illustration in Athens, Greece, on December 8, 2025. Nikolas Kokovlis | Nurphoto | Getty Images Airwallex has raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% leap from just six months ago, as…
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 11, 2026. Amirhosein Khorgooi/isna | Via Reuters The International Maritime Organization has paused its efforts aimed at evacuating ships and seafarers stranded inside the Middle East Gulf after a vessel was attacked in the Gulf of Oman. The pause follows a…
JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors. Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since…
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket…
Omar Marques | Lightrocket | Getty Images Micron soared in premarket trading on Thursday after the memory maker reported blockbuster third-quarter earnings as the AI boom causes demand for memory to surge. The company’s revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion in its fiscal third quarter, it reported on…
