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IBM’s stock heads toward its worst day since 2021 after earnings

[unable to retrieve full-text content]IBM’s earnings showed continued AI momentum, though overall re ...View More

Korean chip maker SK Hynix returns to net profit after five-quarter losing streak

[unable to retrieve full-text content]SK Hynix returned to a net profit in the first quarter after a ...View More

A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say

[unable to retrieve full-text content]UBS analysts have suggested that e-commerce isn’t done upendin ...View More

Cidara Therapeutics shares surge 30% after reacquiring flu treatment

[unable to retrieve full-text content]Shares of Cidara Therapeutics rose sharply after the company a ...View More

Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data

[unable to retrieve full-text content]Shares of Acrivon Therapeutics advanced in post-market trading ...View More

Ford keeps EV losses in check, stock rises 3%

[unable to retrieve full-text content]Carmaker reports a better-than-expected quarter, and EV losses ...View More

Blackstone to acquire Tropical Smoothie Cafe restaurant chain

[unable to retrieve full-text content]Blackstone said it is acquiring acquire Tropical Smoothie Cafe ...View More

Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors

[unable to retrieve full-text content]Using a different index to measure Social Security’s cost-of-l ...View More

Transportation stocks sink, with industry ETF booking biggest drop since October

[unable to retrieve full-text content]Transportation stocks were punished Wednesday, with sharp drop ...View More

How AI and EVs are boosting demand for copper

[unable to retrieve full-text content]Copper prices have outperformed both gold and silver this year ...View More

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