The stock market is on a roll, with the S&P 500, Dow Jones, and Nasdaq all pushing towards new highs. This surge comes after a recent report showed inflation isn't as bad as some feared. Lower inflation is good news for everyday folks struggling with high prices. It's also a green light for the Fede
David Zaslav, the CEO of Warner Bros. Discovery, could make a huge profit if the company is sold. Reports say he could get $500 million from his shares if the sale goes through. This is because his contract says his shares become fully his if the company is sold. The company has been in talks about
P&G recently shared its financial results for the first quarter of 2026. The company saw a rise in profits, driven by strong sales in beauty and grooming products. However, the celebration might be short-lived as P&G warned about upcoming challenges, particularly rising costs due to tariffs. Despite
Applied Materials, a major player in the semiconductor manufacturing equipment industry, is making some big moves. They plan to let go of 4% of their workforce. This means around 1, 400 people will lose their jobs. The company expects to spend between $160 million and $180 million on these layoffs,
Shareholders of GigaCloud Technology Inc. might have grounds to question the actions of some company leaders. A legal team is looking into possible wrongdoing by certain officers and directors. If you bought GigaCloud stock before August 18, 2022, you could have options to seek changes in how the co
Meta, the tech giant behind Facebook and Instagram, has recently announced that some jobs in its risk division are being cut. This is because the company is shifting towards using more automated processes instead of manual reviews. Michel Protti, Meta's chief compliance and privacy officer of produc
Sherry Duhe, the former finance chief of Santos, has spoken out about her sudden departure from the company. She claims that the leadership style of CEO Kevin Gallagher was the main reason for her exit. Duhe had only been with Santos for a year before she decided to leave. She mentioned that she tri
Wall Street saw a slight dip in stock prices on Wednesday, pulling back from recent record highs. The S&P 500 fell by 0. 6%, while the Dow Jones Industrial Average dropped by 211 points, or 0. 5%. The Nasdaq composite also took a hit, down by 1. 2% as of early afternoon trading. Netflix was a major
Warner Bros. Discovery, the powerhouse behind HBO, CNN, and DC Studios, is thinking about selling some or all of its business. This comes just a few months after they announced plans to split into two companies. The company said they are looking at different options because they've had some unsolici
A big company in the payments world has found that its safety checks against money crimes are not all the same. This is what they learned after they looked into some complaints about fraud. The company, which is French, grew really fast by buying other companies. This quick growth might be why their
