Business news

Business news from Google News (RapidAPI).

9330 articles

Business news • Jun 23

FedEx Revenue Rises on Growth in Package Yields, Volume

The shipping company's revenue climbed 13% to $25.01 billion in its fiscal fourth quarter.

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Business news • Jun 23

Elon Musk loses his trillionaire status as SpaceX stock comes back to Earth

After SpaceX's IPO, Elon Musk's net worth reached new heights, but a tech stock sell-off has has pulled him back to billionaire status.

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Business news • Jun 23

Anthropic Customer Sues US Over Loss of Fable AI Access

An artificial intelligence startup that uses Anthropic PBC's AI models sued the US over a government order that the maker of Claude and Mythos keep its most...

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Business news • Jun 23

Wall Street ends lower on semiconductor selloff as AI spending concerns mount

June 23 (Reuters) - The Nasdaq and the S&P 500 closed at more than one-week lows on Tuesday, dragged down by sharp losses in semiconductor stocks as...

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Business news • Jun 23

Energy secretary says $17.5B in loans will help 'unleash the next American nuclear renaissance' for reactors

The Department of Energy announced $17.5 billion in conditional loans for utilities and energy companies to strengthen the commercial supply chain for...

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Business news • Jun 23

California intends to sue Trump administration over deal to end offshore wind project

California intends to sue the Trump administration over its deal to end an offshore wind project proposed off the state's central coast.

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Business news • Jun 23

SpaceX launches $25 billion notes offering for debt repayment, AI expansion

Elon Musk's SpaceX said on Tuesday it has launched a five-tranche notes offering to raise at ‌least $25 billion, as the newly public company seeks funding...

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Business news • Jun 23

Alphabet to Join Dow Jones Industrial Average, Replacing Verizon

S&P Dow Jones Indices, which oversees the venerable 30-stock index, said in a press release that Verizon's low stock price meant it had an “immaterial...

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Business news • Jun 23

SpaceX's wild ride is just getting started

Shares of Elon Musk's rockets-and-AI firm have surged as much as 67% since they started trading on June 12 and fallen 35% from there.

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Business news • Jun 23

Asian Stock Rebound Loses Steam as TSMC Declines: Markets Wrap

A cautious early rebound in Asian stocks following Tuesday's global tech-led selloff faded as losses in bellwether chipmaker Taiwan Semiconductor...

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Business news • Jun 23

Alphabet’s stock is set to join the Dow, pivoting index’s industrial roots toward tech

As Alphabet rolls out more data centers — and borrowing money to do it — it can be argued that it is becoming more of an industrial company,...

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Business news • Jun 23

U.S. Presses Meta to Agree to A.I. Reviews as Security Concerns Rise

The Trump administration is pressing Meta to submit its artificial intelligence models for voluntary review, which would allow the government to evaluate...

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Business news • Jun 23

FedEx sinks as trade policy whiplash weighs on results

What happened: International courier service FedEx (FDX) stock sank 5% in post-market trading on Tuesday. What's behind the move: FedEx fiscal fourth...

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Business news • Jun 23

White House PQC order ‘lights a fire’ under post-quantum transition

The White House is accelerating the governmentwide shift to post-quantum cryptography through new deadlines and pilots, but key questions remain about how...

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Business news • Jun 23

Alphabet added to Dow Jones Industrial Average, replacing Verizon

Alphabet will replace Verizon in the Dow Jones Industrial Average.

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Business news • Jun 23

MTA chair calls Amtrak's Penn Station planning 'bizarre,' declines to join as partner

MTA Chair Janno Lieber raised several concerns over Amtrak's oversight of the Penn Station reconstruction effort.

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Business news • Jun 23

Cerebras falls 10% after chipmaker forecasts shrinking margin in first earnings report since IPO

Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.

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Business news • Jun 23

FedEx Revenue Beats But Stock Is Sliding. This Is Why.

FedEx (FDX) easily beat revenue estimates for its fiscal fourth quarter after Tuesday's market close, its first report after executing a momentous...

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Business news • Jun 23

Here’s Why Micron Shares Fell 13% Tuesday

Micron shares plummeted over 13% on Tuesday, falling as South Korea's Financial Supervisory Service contributed to a global chip sell-off with a warning...

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