Profit
Tesla Shares Plunge 13.5% in Worst Single-Day Drop in Years
Elon Musk's electric vehicle maker suffered a sharp selloff amid mounting investor concerns over heavy spending on artificial intelligence and robotics alongside weak profits.
Reckitt Benckiser Expects £175M Hit from Russian Business Exit
Consumer goods firm Reckitt Benckiser reports a £175m financial impact from selling its Russian operations to Arnest Management amid wider Western corporate withdrawals.
Apple Reaches $5tn Valuation Amid Broader Technology Sector Sell-Off
The iPhone maker became the second company to cross the $5tn threshold as investors rotated out of artificial intelligence shares.
Apple and Amazon Post Strong Second-Quarter Revenues
Both technology giants surpassed Wall Street revenue expectations in their second-quarter earnings reports, offering a test of investor confidence amid concerns over artificial intelligence spending.
CXAI Reports Mixed Second-Quarter 2026 Financial Results
CXAI posted mixed results for the second quarter of 2026, prompting heightened volatility in shares of the company.
Goldman Sachs Upgrades SoftBank Group on AI-Driven Profit Growth
Goldman Sachs has upgraded its rating on SoftBank Group, citing stronger profit potential driven by the company's expanding artificial intelligence solutions.