Business News

Business

Investors Tighten Contracts Amid BluSmart Crisis: A Wake-Up Call for Startup Governance

Investors are tightening investment contracts and demanding greater accountability from startups following governance lapses at BluSmart and Gensol Engineering. Enhanced due dilige...

Business

Sam Altman Steps Down as Oklo Board Chairman to Focus on AI and Clean Energy Collaboration

Sam Altman, OpenAI CEO, leaves his chairman role at Oklo Inc., a nuclear tech firm, to focus on AI and clean energy. Oklo plans to continue collaborations and explore partnerships ...

Business

Boeing's Q1 Earnings Under Scrutiny Amid China Trade Tensions and Fighter Jet Deal

Boeing faces a mixed Q1 outlook with a projected loss per share but a revenue increase. Trade tensions with China and a new fighter jet deal are key factors influencing its perform...

Business

SAP SE Reports a 12% Surge in Q1 Revenue, Hitting €9 Billion in Fiscal 2025

SAP SE has reported a 12% year-on-year increase in its Q1 revenue for fiscal 2025, reaching €9 billion, highlighting its strong market performance and growth trajectory.

Business

Tesla Faces a 9% Drop in Q1 Revenue: A Deep Dive into the $19.34 Billion Figures

Tesla reports a 9% decrease in Q1 revenue, totaling $19.34 billion, sparking discussions on its growth and market position.

Business

RTX Corp. Reports 5% Sales Growth to $20.3B in Q1 Amidst Dynamic Market Challenges

RTX Corp. announced a 5% increase in Q1 revenue to $20.3 billion, despite a 10% drop in net income. Segment performances varied, with Collins Aerospace and Pratt & Whitney seeing g...

Business

Lockheed Martin Surges Ahead: Q1 2025 Net Sales Climb 4.7% to $18 Billion Amidst Global Demand

Lockheed Martin Corporation reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings and EPS also seeing significant growth. CEO Jim Taiclet expresses confide...

Business

Regeneron and Fujifilm Forge $3 Billion Partnership to Expand US Biologic Medicine Production

Regeneron Pharmaceuticals Inc. partners with Fujifilm Diosynth Biotechnologies in a $3 billion deal to enhance US production of biologic medicines, with total investments in produc...