Colgate-Palmolive Co. reported slightly higher third-quarter sales on Friday, as increased pricing helped offset a drop in product volumes. The New York-based consumer products company, which makes Colgate toothpaste, Ajax cleaners, and Softsoap, posted earnings that narrowly beat Wall Street estimates amid a challenging operating environment.Earnings beat analysts’ expectationsFor the…
Apple shares rose nearly 2% in premarket trading on Friday after the company forecast record sales for the key holiday quarter, driven by robust demand for its new iPhone 17 lineup despite supply constraints and sluggish performance in China.CEO Tim Cook told investors that iPhone and total revenue in the…
Nvidia shares rose in trading on Friday after a fresh wave of artificial-intelligence investment from Amazon.com and a string of new deals with major South Korean companies. The twin developments highlight Nvidia’s strengthening position at the center of the global AI infrastructure buildout.Amazon’s expanding AI investment boosts NvidiaNvidia shares gained…
Netflix Inc (NASDAQ: NFLX) is extending gains this morning after announcing a 10-for-1 stock split. The streaming giant will begin trading on a split-adjusted basis on November 17. While the stock split wouldn’t change the company’s fundamentals at all, it still adds to the overall bull case for NFLX shares.More…
Getty Images Holdings Inc (NYSE: GETY) opened roughly 50% higher today after announcing a multi-year licensing agreement with a San Francisco-headquartered fast-growing search startup – Perplexity AI.The deal will integrate GETY’s editorial and creative visuals into Perplexity’s artificial intelligence (AI) powered search engine and browser, Comet. Additionally, the startup will…
Despite growing chatter about an artificial intelligence (AI) bubble, recent earnings from Silicon Valley’s biggest names – Google, Apple, Meta, Microsoft, and Amazon – actually paint a different picture altogether.These companies aren’t just talking about AI; they’re investing tens of billions of dollars into chips, infrastructure, and data centres to…
On Saturday, the United States will mark one month since the federal government officially shut down — one of the longest and most disruptive shutdowns in the nation’s history. What began as a political standoff over spending priorities has spiralled into a nationwide crisis affecting millions of Americans, from federal…
China has taken a significant step toward easing tensions in the global semiconductor supply chain by announcing it will exempt certain Nexperia chips from an export ban that has rattled automakers worldwide.This move comes just days after a pivotal meeting between US President Donald Trump and Chinese President Xi Jinping…
Pfizer has escalated its fight for obesity biotech Metsera by filing suit against both Metsera and Novo Nordisk in the Delaware Court of Chancery on October 31.The litigation challenges Novo’s bombshell $8.5 billion offer as legally superior to Pfizer’s original $7.2 billion deal announced in September.Metsera’s board declared Novo’s bid…
Canadian Prime Minister Mark Carney publicly confirmed on Saturday that he has apologized to US President Donald Trump for an anti-tariff advertisement funded by Ontario’s provincial government.The controversial commercial, which featured former President Ronald Reagan defending free trade, sparked significant tension between the two nations and prompted Trump to suspend…