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The Real Oil Market Shows $20-a-Barrel Price Collapse Is Excessive

(Bloomberg) -- Crude markets have suffered a disastrous few weeks, dragged down by alarm over the wider economy. But real oil demand still...

Google Is Falling Behind in AI Arms Race, Senior Engineer Warns

(Bloomberg) -- A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial...

‘Don’t let the earnings beats fool you’: Morgan Stanley advises investors to temper their optimism amidst a looming recession — use these 2 stocks...

There’s been an upsurge of positive sentiment recently, as the 1Q23 earnings reports have been better than expected. Late last week, with 53%...

Apple CEO Sees India at ‘Tipping Point’ as China Pivot Quickens

(Bloomberg) -- Apple Inc. chief Tim Cook singled out India on Thursday as pivotal for the iPhone maker, underscoring how the world’s most...

Alibaba’s Global Online Commerce Arm Weighs a US IPO

(Bloomberg) -- Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur...

Chinese Tropical Island at Center of Alleged Green Fuel Fraud

(Bloomberg) -- A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of...

Apple’s second-quarter revenue and earnings come in above estimates

Apple’s financial results came in above estimates in both revenue and earnings per share (EPS) as it reported on its second quarter Thursday...

Kenvue Shares Jump on First Day of Trading

Key Takeaways Shares of Kenvue, the consumer health spinoff of Johnson & Johnson, debuted on the markets on May 4, 2023. The company makes...

Futures: Apple Rises On Earnings; Two Cathie Wood Stocks Jump

Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Apple (AAPL) headlined key earnings, with Friday's jobs...

Icahn Enterprises Issues Dividend After Hindenburg Attack

(Bloomberg) -- Icahn Enterprises LP, under pressure from short seller Hindenburg Research, said it would pay a dividend of $2.00 per unit to...

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