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Business

Amazon Announces Further Job Cuts in AWS Amid Revenue Misses, What's Next?

Amazon.com Inc. has announced further layoffs within its Amazon Web Services (AWS) division, following a third consecutive quarter of revenue misses. The company vows to support af...

Business

OpenAI's ChatGPT Unleashes Revolutionary 'Agent Mode' for Autonomous Task Management

OpenAI's ChatGPT now features an autonomous 'agent mode' for handling multi-step tasks, combining web interactivity and analytical skills. Available to Pro, Plus, and Team users, i...

Business

Coca-Cola Announces $0.51 Quarterly Dividend and Welcomes New Senior Vice President

Coca-Cola declares a $0.51 quarterly dividend payable October 1 and appoints Jennifer Henry as Senior Vice President to lead strategy development, marking a significant update for ...

Business

Breaking: US House Passes Landmark CLARITY Act to Shape Future of Crypto Market

The US House has passed the CLARITY Act, a groundbreaking bill to regulate the cryptocurrency market, with strong support from President Trump. The act seeks to define the SEC's ro...

Business

Netflix Surges Ahead: Q2 Revenue Hits $11.08B with 15.9% Growth Amid High Expectations

Netflix reports a 15.9% increase in Q2 2025 revenue to $11.08B, meeting market expectations. Operating income jumps 45% to $3.77B, with EPS at $7.19. The company raises its 2025 re...

Business

GE Aerospace Soars with a 21% Revenue Jump to $11B in Q2 2025, Beating Expectations

GE Aerospace reports a 21% increase in Q2 2025 revenue to $11B, surpassing expectations with a 65% profit jump to $2.39B and a 56% rise in EPS to $1.87. CEO Lawrence Culp, Jr. high...

Business

Jaguar Land Rover Announces Major Job Cuts in UK Amid Trump Tariff Challenges

Jaguar Land Rover announces up to 500 job cuts in the UK, attributing the decision to challenges from US tariffs. The company also reports significant sales declines, while the Bri...

Business

Uber's $300M Boost Propels Lucid Shares Skyrocketing 50% in Robotaxi Venture

Lucid Group shares skyrocketed over 50% after Uber's $300M investment in a new robotaxi initiative, partnering with Nuro to deploy 20,000 autonomous vehicles, with services expecte...