Tech sector pullbacks this year, negative cash flow at major firms and analyst warnings suggest the recent slump could deepen.
Posts published in “Business”
ExxonMobil, Shell and Chevron reported combined earnings of over $36 billion this quarter, driven by higher Brent prices after the Iran conflict disrupted supply.
The FBI says a North Korean hacking group known as TraderTraitor stole $6.3 billion from Binance, prompting a request for exchanges to block related transactions.
Two California sisters are among more than 200 passengers left in Cambodia after a Florida‑based cruise line halted its long‑term residential voyage, citing soaring fuel prices.
Gold fell to its lowest level since October 2025, slipping below $4,000 amid higher oil prices, a strong economy and looming US midterm elections.
Financial‑risk consultant Eric Schiffer says the $6.3 billion Binance theft could foreshadow a wave of AI‑enabled hacks, urging firms to treat cybersecurity as a proactive priority.
The Bank of Japan kept its policy rate at 1.25% after noting that underlying inflation aligns with its 2% target for the first time since 2013, while upgrading its inflation outlook.
Polymarket halted trading on its international platform for about an hour on Thursday after a security incident involving third‑party provider DebugBear, promising full reimbursement to affected users.
Amazon's stock slid as much as 9% in after‑hours trading after the company posted Q3 earnings below expectations and warned of a potentially lower‑than‑expected Q4 revenue outlook.
Microsoft CFO Amy Hood expects no more than 3,000 employees to accept the latest voluntary exit buyout, citing strong growth opportunities as the reason for low uptake.