American graphics chip manufacturer Nvidia Corp. significantly boosted its net income and revenue in the initial quarter of fiscal 2027, with both surpassing market predictions. The firm also revealed an $80 billion repurchase plan and raised its dividend, yet its stock declined slightly in...

American semiconductor manufacturer Advanced Micro Devices (AMD) intends to allocate more than $10 billion towards several chip production initiatives in Taiwan. The company’s press release states that the funds will be allocated to enhance strategic partnerships and boost production capacity for...

NextEra Energy and Dominion Energy Inc., two American energy firms, revealed a merger in a transaction worth around $67 billion. A press release from NextEra states that the merger of both companies will establish a massive power entity and a significant energy infrastructure platform for the North...

The companies announced in a joint statement that Franco-Italian Stellantis and Chinese Dongfeng have reached an agreement to produce Peugeot and Jeep cars in China. These vehicles will be available for sale in China and shipped to other nations. The overall investment is anticipated to surpass 8...

Japanese Honda Motor Co. reported an operating loss for fiscal 2026 as a result of write-downs associated with its updated electric vehicle strategy. The company's financial reports indicate an operating loss of 414.3 billion yen ($2.6 billion) for the year ending March 31, in contrast to a profit...

A family trust linked to Elon Musk has agreed to pay $1.5 million to resolve allegations brought by the Securities and Exchange Commission (SEC) concerning the billionaire's untimely reporting of his acquisition of Twitter (now known as X) shares in 2022, according to The Wall Street Journal citing...

According to a press release from the bidder, American video game and consumer electronics retailer GameStop has made a non-binding proposal to purchase eBay Inc., the largest online auction platform in the world, for $55.5 billion. The bidder plans to pay 50% of the transaction amount in cash and...

Warren Buffett's investment firm, Berkshire Hathaway, reported a first-quarter net profit that more than doubled compared with the same period last year, while operating earnings rose by 18%, according to the company's financial statement. Net income for the three months ending in March reached USD...

The combined initial public offering of shares of Bill Ackman's Pershing Square USA closed-end investment fund and Pershing Square management company raised $5 billion, Bloomberg writes, citing a statement from the companies. This amount includes a private placement of $2.8 billion. The IPO will...