
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Feb 04, 2026 02:28 am UTC| Business Technology
Advanced Micro Devices (AMD) delivered a solid quarterly earnings beat, topping Wall Street expectations on both revenue and profit, yet its stock slipped in extended trading after the company projected a sequential...

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Feb 04, 2026 02:26 am UTC| Business Technology
Nintendo shares fell sharply on Wednesday after the Japanese gaming giant reported weaker-than-expected fiscal third-quarter results, intensifying investor concerns over profitability and margins tied to its highly...

CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Feb 04, 2026 02:18 am UTC| Business Law
A subsidiary of CK Hutchison Holdings (HK:0001) has initiated international arbitration proceedings against the Republic of Panama following a landmark court ruling that threatens its long-standing port operations in the...

Boeing Signals Progress on Delayed 777X Program With Planned April First Flight
Feb 04, 2026 02:17 am UTC| Business
Boeing is preparing for the first flight of a production 777X aircraft in April, marking a significant milestone for the long-delayed widebody jet program. According to a company document reviewed by Reuters, this planned...

Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition
Feb 04, 2026 02:05 am UTC| Business Health
Novo Nordisk, the maker of blockbuster weight-loss drug Wegovy, has warned that profits and sales could fall by as much as 13% this year, marking its first potential decline in years. The Danish pharmaceutical giant cited...

Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations
Feb 03, 2026 05:42 am UTC| Business
Qantas Airways has announced plans to sell its minority stake in low-cost carrier Jetstar Japan, marking another strategic step by the Australian flag carrier to sharpen its focus on core domestic and international...

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Feb 03, 2026 03:07 am UTC| Business Technology
Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...