GameStop stock fell 10 percent after CEO Ryan Cohen dodged analyst questions about the details of the 5.55 billion dollar eBay takeover deal raising concerns about the transaction feasibility
BYD passenger vehicle deliveries declined year-over-year in April, marking the eighth consecutive monthly drop, while Stellantis-backed Leapmotor posted record deliveries in the same period.
Oil prices pulled back Tuesday after Brent crude surged nearly 6% the previous day, as traders weigh escalating Iran tensions against ceasefire prospects.
Escalating military conflict in the Strait of Hormuz sent Wall Street tumbling from its record highs on May 4, with crude oil prices surging and global shippers continuing to avoid the strait, raising fears of a broader economic crisis.
Amazon announced it is opening its internal logistics infrastructure to external business customers, formally entering the third-party logistics market and directly challenging FedEx and UPS.
The Reserve Bank of Australia raises rates again, warning that Middle East conflict is pushing up fuel and commodity prices, keeping inflation elevated for an extended period.
Europe largest bank HSBC reports Q1 pre-tax profit of $9.4 billion, slightly missing analyst estimates, with higher expected credit losses being the main drag.
Palantir’s Q1 earnings beat expectations with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut, fueled by government and enterprise AI demand.
The Dallas Mavericks have officially named Masai Ujiri as team president and alternate governor, bringing the executive who led the Toronto Raptors to a 2019 NBA Championship to a new chapter in his career.
With the 2026 FIFA World Cup just weeks away, nearly 80% of surveyed hotels report bookings below projections, raising concerns about tourism revenue.