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Economy

Economy

HPE suffered £730 million loss in Autonomy deal with Mike Lynch, UK court rules

More than a decade after Hewlett Packard Enterprise’s (HPE) troubled $11 billion acquisition of Autonomy, a London judge has ruled the company…
Economy

The effects of AI on the economy are real — but not in the way most expect

For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The AI economy…
Economy

Dow Futures trade in red today: 5 things to know before Wall Street opens

Investors are approaching Tuesday’s trading session with caution as the Dow futures slipped in early hours, a sign of nerves ahead of…
Economy

GM stock drops 3.5% as warning of steeper Q3 tariff hit offsets earnings beat

General Motors Co. reported better-than-expected adjusted earnings for the second quarter of 2025 despite grappling with $1.1 billion in tariff-related costs. However,…
Economy

Lockheed Martin shares fell 8% after company cuts earnings outlook

Lockheed Martin Corporation [NYSE: LMT], the world’s largest defense contractor, reported second-quarter 2025 earnings that fell well below analyst expectations, driven largely…
Economy

Top catalysts to move the SCHD and JEPI ETFs this week

The Schwab US Dividend Equity ETF (SCHD) and the JPMorgan Equity Premium Income ETF (JEPI) have rebounded in the past few months,…
Economy

Asian markets close higher: Kospi ends 0.7% up, Sensex surges 450 points

Asian markets ended Monday on a mixed note, with a slight upward tilt as investors appeared cautious following Japan’s ruling coalition’s loss…
Economy

Alphabet, Tesla earnings this week: what analysts are saying about GOOG, TSLA

The second-quarter earnings season for the influential “Magnificent Seven” technology stocks begins this week with results from Alphabet Inc. and Tesla Inc.,…
Economy

BP taps Albert Manifold as new chairman amid strategic crossroads

On Monday, BP announced Albert Manifold, former head of building materials producer CRH, as its new chairman.  This appointment comes as the…
Economy

Dow Futures soar 100 points ahead of big tech earnings: 5 things to know before Wall Street opens today

Wall Street is gearing up for a key week, with Dow futures jumping 100 points in early trading Monday. Investors are entering…
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