Articles

Universal Music warns it’ll pull songs off TikTok after licensing deal expires Wednesday

Universal Music Group, which represents megastars such as Taylor Swift, Bad Bunny and Drake, is warning it will pull its songs from TikTok after failing to agree to new licensing terms.

Teradyne shares fall 7% after forecasting another drop in revenue

Shares of Teradyne declined in post-market trading on Tuesday after it warned of weaker demand for some systems and forecast another drop in revenue.

Here’s where Walmart stock would rank in the Dow after 3-for-1 stock split

‘It was a good time to split the stock and encourage our associates to participate,” Walmart CEO Doug McMillon said.

Elon Musk’s $56 billion Tesla pay package in limbo after court voids it

A Delaware judge late Tuesday voided Tesla Inc. Chief Executive Elon Musk’s $56 billion compensation package.

Starbucks’ results miss expectations. But one analyst says this is may be why the stock is up.

Starbucks Corp. on Tuesday reported fiscal first-quarter profit and sales that missed Wall Street’s expectations, amid what management referred to as “headwinds” during the period, but shares rose after hours.

Oreo-maker Mondelez calls for slower growth this year

Global snacks giant Mondelez International Inc. late Tuesday called for slower growth this year, hedging that its outlook comes amid “greater-than-usual volatility as a result of geopolitical uncertainty.”

Soccer game’s popularity is delivering for EA — and creating a higher bar to clear for growth

Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer franchise, but signaled a slowdown in a key demand metric for its fourth quarter.

Microsoft earnings beat across the board as cloud, AI drive momentum

Microsoft notched beats across the board with its latest results, calling out momentum in the cloud and traction with artificial intelligence.

SALT deduction fight slows tax deal as lawmakers seek relief

A handful of lawmakers demanding inclusion of state and local tax relief in a congressional deal helped snarl proceedings in the House of Representatives on Tuesday, turning up pressure make SALT a part of any tax agreement that passes Congress.

Today’s Big Tech-dominated stock market has shades of dot-com bubble, strategists warn

A team of quantitative strategists at J.P. Morgan see shades of the dotcom bubble in the stock-market rally that has carried the S&P 500 to six record closing highs since the beginning of 2024.

PayPal to cut another 9% of its workforce in continued bid to rein in costs

The company intends to reduce its workforce by 9% through a mix of layoffs and elimination of some open roles over the course of this year.

Avon slammed over ongoing Russia links. It says it’s providing ‘critical support’ to women there.

Moral Rating Agency, established after the Russian full-scale invasion of Ukraine in February 2022, issues boycott call.
1 1,360 1,361 1,362 1,363 1,364 2,159