Business & Finance
Shake Shack stock hasn't been this cheap in years. Stifel says it's time to buy
The investment firm upgraded the fast casual chain to buy from hold.
Business & Finance
Business & Finance
The Tech Download: Meta, Google enter AI agent race as ‘agentic wars’ heat up
The viral personal assistant OpenClaw has triggered a rush among Big Tech to build agentic tools.
Business & Finance
Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
While hardware sales took a hit in Sony's fourth-quarter, strong revenue from its image sensing and music businesses offset the dip.
Business & Finance
Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
President Donald Trump said he will give the European Union until July 4 to ratify its trade agreement with the U.S.
Business & Finance
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world's largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
Business & Finance
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.
Business & Finance
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
Business & Finance
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
CoreWeave has been raising debt to finance its data center buildout, and S&P has boosted the company's credit rating.
Business & Finance
Coinbase posts steep first-quarter loss after slide in crypto prices; shares fall 4%
Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Business & Finance
IREN inks AI infrastructure deal with Nvidia
Data center operator IREN announced a partnership with semiconductor giant Nvidia.