Category: Top Story
-
Adobe beats estimates but announces CEO departure; shares slide
Adobe (NASDAQ:ADBE) said Thursday that long-serving chief executive Shantanu Narayen will step down after eighteen years in the role, adding that its board has begun the process of selecting a successor. The announcement came alongside quarterly results that exceeded analyst expectations on both revenue and earnings, as well as guidance for the current quarter that…
-
Apple lowers App Store commissions in China to 25%
Apple (NASDAQ:AAPL) said on Friday that it will reduce the commissions it charges app developers in China, a rare adjustment for the company in what is its largest market outside the United States. The tech giant announced that its fee on digital transactions made through the App Store in China will fall to 25%, down…
-
Mobix Labs Lands U.S. Navy Tomahawk Missile Component Order
Defense technology supplier Mobix Labs (NASDAQ:MOBX) has secured a significant production purchase order tied to the U.S. Navy’s Tomahawk cruise missile program—highlighting the company’s growing role in the defense electronics supply chain. The order calls for high-reliability filtering components used to protect sensitive onboard electronics from electromagnetic interference (EMI). These components are already integrated into…
-
Oil holds above $100 as Iran conflict keeps markets on edge — key drivers to watch: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly lower early Friday as crude prices stayed elevated amid ongoing hostilities in the Middle East. Brent crude continues to trade above the $100-per-barrel mark, with little sign of an imminent slowdown in the joint U.S.-Israeli offensive against Iran, which has now lasted more than a week. Rising energy costs have…
-
U.S. Stocks Tumble To Lowest Closing Levels In Over Three Months
After closing little changed for two straight days, stocks moved sharply lower over the course of the trading session on Thursday. With the steep losses on the day, the major averages dropped to their lowest closing level in well over three months. The major averages finished the day just off their lows of the session.…
-
Palantir teams up with Ondas and World View to develop AI-driven intelligence platform
Palantir Technologies Inc. (NASDAQ:PLTR) announced a strategic collaboration with Ondas Inc. (NASDAQ:ONDS) and World View Enterprises Inc. aimed at building artificial intelligence-powered intelligence, surveillance and reconnaissance (ISR) capabilities across multiple operational domains. The partnership will combine Palantir’s Artificial Intelligence Platform with World View’s high-altitude balloon systems and Ondas’ autonomous aerial and ground robotics technologies. The…
-
Build-A-Bear shares jump more than 23% despite fourth-quarter earnings miss
Build-A-Bear Workshop Inc. (NYSE:BBW) reported fourth-quarter results on Thursday that came in slightly below analyst expectations. Despite the miss, the company’s shares surged about 23.5% in premarket trading as investors focused on the retailer’s record full-year performance and its growth outlook for fiscal 2026. For the fourth quarter ended January 31, the specialty retailer posted…
-
Firefly Aerospace completes Alpha Flight 7 launch mission
Firefly Aerospace (NASDAQ:FLY) successfully carried out its Alpha Flight 7 mission on March 11, launching from Vandenberg Space Force Base at 5:50 p.m. PDT, according to a company announcement. The Alpha rocket lifted off from Space Launch Complex 2 and achieved orbital insertion, deploying a demonstration payload for Lockheed Martin. During the mission, the vehicle…
-
IBM introduces reference architecture for quantum-centric supercomputing
IBM (NYSE:IBM) on March 12, 2026 released its first reference architecture designed for quantum-centric supercomputing, outlining how quantum processors can be integrated with classical computing technologies such as CPUs and GPUs across on-premises systems, research facilities and cloud platforms. The framework links quantum hardware with traditional computing infrastructure, high-speed networking and shared data storage to…
-
Oil rebound could pressure Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures suggest a weaker start to Thursday’s session, with markets likely to face pressure after the major indices finished largely unchanged for two consecutive days. A renewed surge in crude prices may weigh on investor sentiment, as oil extends its rebound following Tuesday’s sharp decline. U.S. crude for April delivery has jumped $6.12,…