Nvidia's CEO warns of rising competition from China's chipmakers as they rapidly advance in AI technology, jeopardizing Nvidia's market position and stock performance. Will the U.S. giant maintain its lead?
Intel has announced its new Panther Lake processor, marking a significant upgrade in semiconductor technology. This innovation is set to reshape computing, with production based in Arizona and a focus on U.S. manufacturing.
Elon Musk's legal troubles continue as former Twitter executives sue for $128 million in severance payments. The lawsuit reveals Musk's alleged tactics in dealing with ex-employees.
Constellation Brands outperformed expectations in its fiscal Q2 earnings, reporting adjusted earnings of $3.63 per share. However, the company faced challenges with a drop in net sales and reiterated lowered full-year guidance due to macroeconomic issues.
In a surprising move, Verizon has appointed Dan Schulman as its new CEO, replacing Hans Vestberg who has led since 2018. This leadership change comes as the company navigates a challenging market and integrates with Frontier Communications.
Daniel Ek announces his resignation as Spotify's CEO, transitioning to executive chairman as Gustav Söderström and Alex Norström take over as co-CEOs. This shift comes amidst growing artist protests over Spotify's treatment of musicians.
Nike is bracing for a decline in quarterly sales, but investors are eager to see if CEO Elliott Hill's new strategy will turn things around. With restructuring underway, can Nike reclaim its market share before the holiday season?
Spotify announces a major leadership transition with Daniel Ek stepping down as CEO to become Executive Chairman, while Gustav Söderström and Alex Norström take over as co-CEOs effective January 1, 2026. Discover what this means for the future of the music streaming giant!
With the AI market projected to reach $4.8 trillion by 2033, Ford CEO Jim Farley warns of a critical labor shortage in data centers and manufacturing. Can America fill the gap?
Starbucks has closed at least 11 locations in Colorado as part of a broader strategy to shutter hundreds of stores worldwide. CEO Brian Niccol discusses the impact on partners and the community.