The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty…
A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family. Gotham City Research alleged Wednesday that the online used car…
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings. Here are…
Chairman and CEO of Microsoft Satya Nadella delivers a speech during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland on January 20, 2026. Harun Ozalp | Anadolu | Getty Images Microsoft shares fell 7% in extended trading on Wednesday after the software maker posted slowing cloud growth. Here’s how the company performed in comparison…
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of…
People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty Images Starbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per…
Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images South Korean memory giant SK Hynix announced Wednesday that it will set up a new U.S.-based company focused on artificial intelligence solutions, committing at least $10 billion as it seizes on new AI growth engines. The new…
SAN FRANCISCO, CALIFORNIA – SEPTEMBER 04: Anthropic Co-founder and CEO Dario Amodei speaks at the “How AI Will Transform Business in the Next 18 Months” panel during INBOUND 2025 Powered by HubSpot at Moscone Center on September 04, 2025 in San Francisco, California. (Photo by Chance Yeh/Getty Images for HubSpot) Chance Yeh | Getty Images…
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees….
General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in…
