The Latest Breaking News on Business

Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.

EV incentives were 73% higher than the industry average last month.

Chipotle sales skyrocketed after Brian Niccol started at the company in 2018

Here’s what could be next for bargain buyers.

Embraer’s turnaround has been remarkable. Over the past four years, Embraer’s revenue has grown at a compound annual rate of 26%, and it has moved from three straight years of operating losses into a period of gradually improving returns. According to FactSet, ERJ is forecast to make more than 2…

As suppliers of quick couplings for liquid cooling struggle to deliver their products in volume, makers of AI servers suffer.

The dollar index (DXY00 ) Tuesday fell by -0.55% and posted a 1-week low. The dollar moved lower Tuesday after T-note yields declined on the weaker-than-expected US July PPI report, which bolstered the chances for a Fed rate cut at the September FOMC meeting. Tuesday’s rally in stocks also reduced...

Palo Alto Networks has outperformed the broader market over the past year, and Wall Street analysts are bullish about the stock’s prospects.

Sep Nymex natural gas (NGU24 ) on Tuesday closed down by -0.041 (-1.87%). Sep nat-gas prices on Tuesday fell on a mixed US weather forecast, which may curb nat-gas demand. According to the Commodity Weather Group, forecasts shifted hotter in the eastern and southwestern parts of the US but cooler...