Category: Latest News
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Apple and Google agree to app store reforms following UK competition scrutiny
Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) have agreed to introduce changes to their mobile app marketplaces aimed at improving fairness and transparency for developers, Britain’s competition watchdog said on Tuesday. The Competition and Markets Authority (CMA) said the undertakings mark an important early move under its strengthened regulatory framework. As part of the commitments, both companies…
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Wesco shares slide after Q4 profit shortfall eclipses solid revenue growth
Wesco International (NYSE:WCC) posted fourth-quarter results on Tuesday that disappointed on earnings, overshadowing a modest revenue beat and triggering a sharp sell-off in the stock. Shares of the industrial distributor fell about 7.5% in pre-market trading following the release. The Pittsburgh-based group reported adjusted earnings of $3.40 per share for the quarter, well below the…
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LuxExperience swings back to profit as Mytheresa drives strong Q2 performance
LuxExperience B.V. (NYSE:LUXE) said on Tuesday that it returned to profitability in the second quarter of fiscal 2026, as modest top-line growth and improving margins marked progress in its ongoing turnaround. Net sales rose 1.1%, or 5.7% excluding currency effects, to €645.1 million from €638.0 million a year earlier. The luxury multi-brand online retailer outperformed…
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Oscar Health stock drops after Q4 results fall short despite upbeat 2026 guidance
Oscar Health Inc. (NYSE:OSCR) reported fourth-quarter 2025 results on Tuesday that came in below market expectations, overshadowing an otherwise confident outlook for the year ahead. The disappointing earnings prompted a sharp reaction from investors, with the stock down 4.58% in pre-market trading. The health insurer posted a fourth-quarter loss of $1.24 per share, wider than…
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Zimmer Biomet tops Q4 expectations but strikes measured tone on 2026 guidance
Zimmer Biomet Holdings, Inc. (NYSE:ZBH) posted better-than-expected fourth-quarter results on Tuesday, although its outlook for 2026 came in slightly below market forecasts, weighing modestly on sentiment. The company’s shares were down 0.81% in pre-market trading following the announcement. The medical technology group reported adjusted earnings of $2.42 per share for the quarter, edging past the…
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Globex Mining takes a very different approach to mineral exploration and development
Today we’re speaking with Globex Mining (TSX:GMX) (USOTC:GLBXF), a company that takes a very different approach to mineral exploration and development — one built on scale, diversification, and optionality. Globex holds more than 200 mineral properties, spanning dozens of commodities, across multiple jurisdictions. That breadth not only spreads risk for investors but also gives early…
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Cisco rolls out new chip to challenge rivals in booming AI infrastructure space
Cisco Systems (NASDAQ:CSCO) on Tuesday introduced a new chip and router designed to accelerate data movement inside large-scale data centres, marking a push to take on competitors such as Broadcom and Nvidia as spending on AI infrastructure surges toward an estimated $600 billion. The newly launched Silicon One G300 switch chip is slated for commercial…
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ON Semiconductor shares slide after Q4 revenue meets forecasts and 2026 guidance lands in line
Shares of ON Semiconductor Corporation (NASDAQ:ON) fell around 5% in premarket trading on Tuesday after the chipmaker reported fourth-quarter results that slightly topped profit expectations but delivered revenue and forward guidance broadly in line with market forecasts. The Arizona-based group posted adjusted earnings of $0.64 per share for the quarter ended December, edging past analysts’…
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Oil prices dip as markets assess supply risks linked to U.S.–Iran tensions
Oil prices edged lower on Tuesday as traders weighed the risk of potential supply disruptions, with attention still firmly on rising tensions between the United States and Iran following new U.S. guidance for ships passing through the Strait of Hormuz. Brent crude futures slipped 24 cents, or 0.35%, to $68.80 a barrel by 10:02 GMT,…
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Mobix secures FAA drone platform certification, paving the way for commercial deployment
Mobix Labs (NASDAQ:MOBX) has received Federal Aviation Administration (FAA) certification for its next-generation drone‑based airborne sensing platform, a pivotal regulatory milestone and officially moving the program from development into commercial execution. Following the FAA’s approval, Mobix Labs has begun expanding real‑world field operations and initiating customer pilot programs. The certification enables the company to broaden operations…