
Rivian Hints at New R2 Variants as Production Ramps Up Ahead of 2027 Launch
May 06, 2026 02:15 am UTC| Business
Rivian is preparing additional versions of its upcoming R2 electric vehicle lineup, CEO RJ Scaringe revealed shortly after the company began volume production of the highly anticipated midsize SUV. The announcement signals...

Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift
May 05, 2026 08:16 am UTC| Business Technology
Apple Inc. (NASDAQ: AAPL) is reportedly exploring new partnerships with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) to manufacture its main processors, signaling a potential shift in its long-standing...

Hugo Boss Beats Q1 Profit Expectations Despite Market Headwinds
May 05, 2026 08:10 am UTC| Business
German luxury fashion group Hugo Boss reported stronger-than-expected first-quarter results, demonstrating resilience amid a difficult global market environment. The company posted earnings before interest and taxes (EBIT)...

Volvo Car Sales Drop 10% in Early 2026 Despite Growth in Electric Vehicles
May 05, 2026 08:03 am UTC| Business
Volvo Cars (ST: VOLCARb) reported global vehicle sales of 162,864 units for the three-month period ending April 2026, marking a 10% decline compared to the same period last year. Despite the drop in overall sales, the...

Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain
May 05, 2026 04:12 am UTC| Business Technology
Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) as part of a strategic effort to expand its chip manufacturing partnerships. According...

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations
May 05, 2026 03:15 am UTC| Business Technology
Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Pinterest Stock Surges After Strong Q1 2026 Earnings Beat Expectations
May 05, 2026 03:12 am UTC| Business
Pinterest Inc. (NYSE: PINS) delivered a strong first-quarter performance for 2026, surpassing Wall Street estimates on both earnings and revenue, driving a sharp rally in its stock price. The company reported adjusted...