A pharma giant is moving past one patent cliff — but another is already looming
Disappointing data highlights Novartis' challenge to build its next generation of blockbuster medicines, following a series of clinical trial setbacks.
Business
Intel and Amazon Crater as the AI Boom Eats Its Own Tail in Asia
The damage started with Alphabet, spread through Intel and Amazon, and by the time Asia opened the shock had made its way straight into Samsung Electronics and SK Hynix. The KOSPI opened sharply lower, SK Hynix was hit …
DOJ escalates Alaska Senate lawsuit over dueling Sullivan candidacies
Alaska's election could determine which party has a majority in the Senate. GOP Sen. Dan Sullivan faces a strong challenge from Democrat Mary Peltola.
BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
The BOJ declared that its underlying inflation target of 2% has been met, the first time the central bank has done so since it set the target in 2013.
Israel faces weeks of coalition haggling as Netanyahu’s party claims election 'stolen'
Israel's election leaves the country facing weeks of coalition bargaining and an uphill battle for the opposition party to form a majority government.
Form 4 EnerSyn Global Inc: Liu Ming Hui (Director, 10% Owner) For: 27 October
The proposed Hearty Nova purchase remains unclosed; its anticipated US$1,173,000 joint-venture investment is subject to required approvals.
Circle, Tether freeze funds impacted by potential Binance 'security issue'
Several crypto firms, including Circle Internet Group and Tether, on Thursday froze roughly $1.8 billion worth of funds tied to a potential hack on cryptocurrency exchange Binance.
Form 144 SIERRA BANCORP For: 29 October
The notice lists an approximate sale date of October 29, 2026, and an aggregate market value of $170,044.
Earnings call transcript: Alignment Healthcare Q3 2026 revenue beats as shares slide
August 1, 2026, 3:57 AM EDT. Goodyear India Limited (NSE:GOODYEAR) is scheduled to go ex-dividend on August 5th, with shareholders set to receive a ₹26.50 per share dividend on September 11th. This results in a 3.2% yie…
Intel stock plunges 21% as chipmaker blames PC slowdown for weak guidance
Intel shares plummeted more than 20% in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
Why Intel’s stock is sinking toward its worst drop in two years
A hotter-than-expected September CPI report and a deepening selloff in AI names sent the S&P 500 down more than 1% for the first time in 54 sessions, with the Nasdaq and small caps falling nearly 2%.
Stocks Close Lower as Alphabet Disappoints and Chip Stocks Fall
Google parent Alphabet lost just over $500bn (£374bn) in value on Thursday after it rattled Wall Street with its last update of the year on its business operations.
Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise
Rivian Automotive beat Wall Street's third-quarter earnings expectations as it ramped up production of its new R2 entry-level SUV that the company has promised investors will lead it to profitability.
Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks
Reddit plans to require all users to create official accounts to access the social media platform, marking a major departure for the site known as "the front page of the internet."
Microsoft Vs. Alphabet: AI Spending Splits the Market
Microsoft and Alphabet reported earnings on the same Wednesday afternoon. By the time the after-hours session closed, one stock was up 4.3% and the other was down 7.5% — and the gap had almost nothing to do with who is …
Corn Slipping Back with Fractional Losses on Thursday Morning
Corn futures held on to the weakness into the close on Monday, though nearby contracts were 4 to 5 cents off their lows to close with fractional to 1 ¾ cent losses. Sharp weakness in the beans provided pressure. The Cmd…
You can’t rely on the S&P 500 as much as you may think
When the stock market hits a new record high, sometimes it can feel like a warning sign â as if the next move must be down. But an âall-time highâ is simply a new peak for an index such as the S&P 500; and in a ma…
Alphabet falls 12%, putting it on course for its biggest ever post-earnings drop
Alphabet shares were down sharply following the opening bell on Thursday while Microsoft traded largely flat as investors focused on the tech giants' latest spending and free cash flow numbers in their third-quarter ear…
Google Missed Earnings, But Is That the Whole Story?
In Alphabet's across-the-board earnings miss, one segment stood out above all else: search.
Nvidia responds to report Jensen Huang was target of Chinese asset, says diversion allegations were 'investigated and debunked'
An Nvidia spokesperson on Thursday pushed back on a New York Times report that detailed American intelligence agencies surveilling a person close to Nvidia CEO Jensen Huang because they thought she could be a Chinese in…
Norwegian shares surge 13% on earnings beat, guidance raise
Shares of Norwegian Cruise Line Holdings surged about 13% Thursday after the company posted better-than-expected third-quarter earnings and raised its outlook for the full year.
ServiceNow shares plunge 25% after earnings revive AI disruption fears
ServiceNow shares sank 25% on Thursday and headed for the worst day ever after the enterprise software company's third-quarter results underwhelmed, reigniting artificial intelligence disruption concerns.
DoorDash to acquire Instacart for $17 billion
The deal unites two delivery giants under one roof, with DoorDash's focus on restaurants and Instacart's robust stable of grocery partners.
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
In Alphabet's across-the-board earnings miss, one segment stood out above all else: search.