Product that tells our story
Disney CEO Bob Iger has reportedly told allies that he plans to step down from his post before his contract expires at the end of the year. The Mouse House’s board of directors, chaired by ex-Morgan Stanley CEO James Gorman, is planning to meet next week and vote on who will replace Iger, The Wall […]
Saks Global Enterprises is in talks to secure a loan of about $1 billion as it prepares for a possible Chapter 11 bankruptcy filing in the coming weeks, Bloomberg News reported on Sunday, citing people familiar with the matter. The luxury retailer missed a $100 million interest payment due Dec. 30 and is negotiating a forbearance […]
Tesla posted its fourth-quarter 2025 vehicle production and deliveries report on Friday, marking a second annual decline for Elon Musk’s automaker. Shares closed 2.59% lower on the day. Here are the key numbers: Total Q4 deliveries: 418,227 Total Q4 production: 434,358 Total 2025 deliveries: 1.64 million Total 2025 production: 1.65 million Wall Street expected 426,000 deliveries for the […]
Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter. The company, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is exploring ways to boost cash, […]
Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change US interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street Journal reported on Sunday. Hammack opposed recent rate cuts as she is more worried about elevated inflation than the potential labor-market fragility that prompted officials to lower rates by […]
Lawmakers are aiming to crack down on so-called “dynamic pricing” in the wake of a jaw-dropping report showing that grocery delivery app Instacart charged shoppers different prices for the same items at the same stores without telling them, The Post has learned. Members of Congress “were displeased, shocked, engaged and ready to consider legislative and […]
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. AI-related stocks were hit following the report with, chipmakers Nvidia and Advanced Micro Devices each dropping about 1% and cloud provider CoreWeave sliding more than 3%. Here’s […]
Nvidia has reportedly developed location verification technology that will allow it to identify where its computer chips are being used – a move that comes as the AI giant faces pressure to prevent China from smuggling its most powerful gear. The software is expected to be implemented on Nvidia’s top-of-line Blackwell chips, which are subject […]
China is set to limit access to Nvidia’s advanced H200 chips – even after President Trump said the US chipmaker could resume exports to Beijing, according to a report. Chinese companies have been forced to use less-powerful domestic alternatives as the US has enforced strict export controls on its AI chips – fearful Beijing could […]
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Shares […]
