xAI’s CFO Steps Down, the Latest in a String of Executive Departures
Mike Liberatore departed after only a few months on the job.
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Google Ruling Shows Antitrust Tools Struggle to Keep Up With Tech Markets
The marketplace moves faster than the legal system, and judges are skittish about crafting industry rules.
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American Eagle Credits Sydney Sweeney Ads for ‘Brand and Business Reset’
The apparel retailer says it expects comparable sales to increase by low single-digit percentages in the third and fourth quarters
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Hewlett Packard Enterprise Is All In on Networks After Juniper Acquisition
The server and cloud-software company ‘s acquisition of Juniper helped fuel a 54% jump in quarterly networking revenue.
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Salesforce Shares Slip as Investors Fret Over Light AI Returns
The customer-relationship management platform’s light sales outlook and investor concerns about artificial-intelligence returns weighed on its shares, despite higher-than-expected revenue and profit in the second quarter.
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Nippon Steel Drops Lawsuit Against Leaders of Cleveland-Cliffs, Union
The lawsuit accused the leaders of Cleveland-Cliffs and the steelworkers’ union of conspiring to scuttle Nippon Steel’s deal for US Steel.
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Figma Second-Quarter Revenue Jumps as Businesses Spend More on Design
Figma posted a double-digit increase in revenue in its latest quarter as customers continue to spend more money on its design and product-development software.
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GitLab Boosts Profit Outlook as Revenue Jumps; CFO to Step Down
The company raised its profit outlook for the year after posting double-digit revenue growth in the second quarter.
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C3.ai Stock Tumbles as Chairman Cites ‘Unacceptable’ Performance
Stephen Ehikian has taken over as CEO, effective Monday.
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Amazon Pauses Delivery Fleet Redeployments After Outcry Over Repair Costs
The e-commerce giant said it would suspend reassignment of vans after delivery-company owners complained about surprise repair bills.
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ConocoPhillips Is Latest U.S. Oil Producer to Announce Major Layoffs
The driller said it would cut up to a quarter of its workforce, or about 3,250 jobs.
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Credo Stock Surges on a Big Earnings Beat. The AI Play’s Revenue Grew 274%.
Credo is a leader in connectivity crucial to AI, and its dominance in active electrical cables promises to be a source of great growth.
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Former Opendoor CEO Reaps Unlikely Windfall From Meme Rally
Carrie Wheeler, who resigned under pressure in August, filed paperwork giving notice of her intent to sell 7 million Opendoor shares worth roughly $35 million.
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Dollar Tree Shares Fall as Tariffs Dampen Near-Term Outlook
The discount retailer warned that tariff-related costs would pressure earnings in the near term, overshadowing an uptick in second-quarter sales.
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Trump Brothers-Backed Bitcoin Mining Company Surges After Nasdaq Listing
American Bitcoin’s public listing comes days after the Trump family made as much as $5 billion on paper from a separate digital token.
