Business
Synopsys pulls full-year guidance, citing new China export restrictions
Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company’s plans to have artificial intelligence take over parts of designing computer chips at the company’s annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Synopsys pulled its guidance for the full fiscal year on Thursday, citing a […]
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Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty Images Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% […]
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Jeep reveals new Cherokee SUV, confirms hybrid model
2025 Jeep Cherokee SUV Stellantis DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify […]
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Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing Co. 737 Max fuselages at the company’s manufacturing facility in Renton, Washington, on April 15, 2025. Bloomberg | Bloomberg | Getty Images Boeing‘s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact […]
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3 key takeaways from Nvidia’s earnings: China blow, cloud strength and AI future
Nvidia reported strong fiscal first-quarter earnings on Wednesday. Wall Street was pleased with Nvidia’s continued sales growth, which hit 69% during the quarter. The company’s data center division continues to surge as companies, countries, and cloud providers snap up Nvidia graphics processors, or GPUs, for artificial intelligence software. “The team continues to maintain a 1- […]
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Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]
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Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters When Lip-Bu Tan was named CEO of Intel a little over two months ago, he brought with him plenty of name recognition. Tan spent 12 years running Cadence Design Systems and […]
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Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Logo of Best Buy displayed outside a Best Buy store in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells. For […]
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United Airlines plans to return to JFK — again — in new partnership with JetBlue
A United Airlines plane takeoff as a JetBlue plane is landing at San Francisco International Airport (SFO) in San Francisco, California, United States on June 8, 2023. Tayfun Coskun | Anadolu Agency | Getty Images United Airlines has a new friend in Queens. The airline plans to return to New York’s John F. Kennedy International […]
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Elon Musk thanks Trump, says he’s leaving government work with DOGE
Tesla CEO Elon Musk reacts while wearing a cap with the words “Gulf of America” as he attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | Reuters With his official stint in government coming to an end, Elon Musk thanked […]
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