Microsoft Posts Record $331 Billion Revenue as Azure Surpasses $100 Billion Milestone
REDMOND, Wash. (AP) — Microsoft Corp. reported record fiscal year revenue exceeding $331 billion on Monday, driven by a surge in cloud computing and artificial intelligence services, even as its stock...
U.S. Bancorp CEO Sells $1.7 Million in Shares in Routine Transaction
MINNEAPOLIS — Gunjan Kedia, President and Chief Executive Officer of U.S. Bancorp, sold 27,267 shares of the bank's common stock on Sept. 1, 2026, generating approximately $1.7 million in proceeds. Th...
U.S. and Iran Exchange Strikes in Escalating Middle East Conflict
TEHRAN — The United States military launched a new series of airstrikes against Iranian targets on Tuesday, prompting immediate retaliatory missile and drone attacks by Tehran on U.S. bases across the...
Global Energy Markets Surge Amid Middle East Escalation and Corporate Consolidation
WASHINGTON — A convergence of military escalation in the Middle East, aggressive corporate acquisitions, and tightening global supply chains has driven energy prices to multi-year highs, triggering a ...
SonicWall Warns of Active Exploitation in SMA1000 Series Zero-Day Flaws
SAN JOSE, Calif. — SonicWall issued an urgent security advisory on Tuesday, warning that two previously unknown vulnerabilities in its SMA1000 series network appliances are being actively exploited in...
Chinese Cybercrime Cluster Compromises Brazilian Public Servers for Gambling SEO
SAO PAULO — A Chinese-speaking cybercrime cluster identified as Gambling Goblin has compromised public-sector servers in Brazil to redirect search engine traffic toward illegal online gambling and spo...
SentinelOne Valuation Scrutinized Against Rivals Amid AI Security Expansion
NEW YORK — Investment analysis released Monday highlights a divergence in market valuation between SentinelOne Inc. and its established cybersecurity peers as the sector accelerates toward artificial ...
ADM to Invest $100 Million in Expanding U.S. Oilseed Crushing Capacity
CHICAGO — Archer-Daniels-Midland Co. announced plans Monday to invest approximately $100 million to expand capacity at four oilseed-crushing plants across the United States, a strategic move designed ...
ARK Invest Rotates Capital from Roblox to Nuclear Supplier BWX Technologies Amid Data Center Push
NEW YORK — ARK Invest executed a significant portfolio shift on Monday, selling $6.5 million in shares of gaming platform Roblox Corporation while simultaneously acquiring $7.6 million in stock of nuc...
Rezolve AI Reports Surge to $130.8 Million in First-Half 2026 Revenue
SAN FRANCISCO — Rezolve AI announced on Monday that it generated $130.8 million in revenue during the first half of 2026, marking a dramatic increase from the $6.3 million reported for the same period...
Regis Reports Stronger Adjusted EBITDA and Cash Flow for Fiscal 2026
NEW YORK, Sept. 1 (AP) — Regis Corp. announced on Monday that it posted higher adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) alongside improved unrestricted operatin...
Micron Workers in Taiwan Threaten Strike Over Dispute on Record AI Profits
TAIPEI — Employees at Micron Technology Inc.'s largest production facility in Taiwan have threatened to launch a strike, escalating a labor dispute centered on demands for a substantial one-time bonus...
Drone Sector Shares Slide as Rising Yields and Geopolitical Tensions Compress Valuations
Shares of major drone manufacturers and defense contractors tumbled on Monday as a broad withdrawal of market risk appetite, driven by macroeconomic headwinds, overshadowed company-specific fundamenta...
Medtronic Beats Q1 Estimates, Raises Full-Year Outlook on Broad Demand
DUBLIN — Medtronic plc reported strong first-quarter fiscal 2027 financial results on Monday, posting revenue growth and raising its full-year outlook as the medical technology giant cited broad-based...
AI Infrastructure Stocks Slide as Rising Yields Hike Financing Costs for Data Center Buildouts
Shares of major artificial intelligence infrastructure providers tumbled Monday as surging long-term Treasury yields drove up borrowing costs, threatening the financial viability of debt-funded data c...
Enovis to Acquire eCential Robotics for €155 Million in Strategic Expansion
NEW YORK — Enovis Corporation announced a binding agreement Monday to acquire eCential Robotics for an enterprise value of 155 million euros, marking a significant step in the medical technology compa...
Israeli Forces Arrest Hamas Internal Security Chief in Northern Gaza Raid
GAZA CITY — Israeli security forces arrested the head of internal security for the Hamas terrorist organization in the Gaza Strip on Monday, marking a significant operational development in ongoing ef...
U.S. Embassy in Jerusalem Issues Broad Security Alert for Americans in Middle East
JERUSALEM (AP) — The U.S. Embassy in Jerusalem issued a new security alert on Monday advising American citizens traveling throughout the Middle East to exercise increased caution due to an unspecified...
U.S. Forces Launch Strikes on IRGC Targets in Iran Following Regional Attacks
TEHRAN — U.S. military forces initiated a series of precision strikes against Islamic Revolutionary Guard Corps (IRGC) facilities within Iran early Monday, marking a direct escalation of hostilities b...
Explosions Rock Iranian Naval Base in Chabahar Following Alleged U.S. Strike
CHABAHAR, Iran — Ten heavy explosions shook the Imam Ali naval base in southeastern Iran on Monday afternoon, marking a significant escalation in regional tensions following an alleged attack by Ameri...
Hotchkis & Wiley Large Cap Fund Details Workday Strategy in Second-Quarter Letter
NEW YORK, Sept. 1 (AP) — The Hotchkis & Wiley Large Cap Fundamental Value Fund released its second-quarter 2026 investor letter on Monday, outlining the fund's performance and detailing its investment...
Cramer Highlights Amgen's Repatha as Key Growth Engine Amid Cardiovascular Market Push
NEW YORK — Financial analyst Jim Cramer identified Amgen Inc.'s cholesterol-lowering drug Repatha as a primary catalyst for the biotechnology firm's future expansion, citing robust second-quarter sale...
Baron Capital's Fifth Avenue Fund Cites TSMC as Key Driver in Second-Quarter Gains
NEW YORK — Baron Capital Corp. reported strong performance for its Baron Fifth Avenue Growth Fund in the second quarter of 2026, attributing a significant portion of the fund's returns to its position...
Wall Street Analysts Adjust Ratings and Targets Amid AI and M&A Shifts
NEW YORK — A wave of rating changes and price target adjustments swept through U.S. equity markets on Tuesday as major financial institutions recalibrated their outlooks for publicly traded companies ...
Baron Capital Reports Strong Second-Quarter Gains for Fifth Avenue Growth Fund
NEW YORK — Baron Capital released its second-quarter 2026 investor letter on Monday, reporting robust financial performance for its flagship Baron Fifth Avenue Growth Fund. The disclosure, filed with ...
UK Unveils Sanctions Package Against Israeli Settlements in West Bank
LONDON — The United Kingdom announced on Monday a comprehensive package of measures targeting illegal Israeli settlements in the occupied West Bank, marking a significant escalation in diplomatic pres...
Germany Closes Russian Consulate in Bonn Following Leipzig Airport Drone Attack
BERLIN — Germany officially accused Russia of orchestrating an attempted drone attack on Leipzig Airport and announced the immediate closure of the Russian consulate in Bonn as a retaliatory measure. ...
Scotiabank Reports Third-Quarter Profits Exceeding Medium-Term Targets
TORONTO — The Bank of Nova Scotia reported third-quarter financial results on Monday that surpassed its medium-term profit targets, signaling robust performance across its core Canadian and internatio...
Microsoft's Fiscal Strength Contrasts with Tesla's Margin Squeeze in Market Review
SEATTLE — A diverging financial trajectory has emerged between two of the United States' most prominent technology giants as Microsoft Corporation solidifies its earnings-driven growth while Tesla, In...
Onto Innovation Director Lynch Sells Shares Under Pre-Scheduled Trading Plan
NEW YORK — Lynch, a director at Onto Innovation Inc., sold 1,000 shares of the company's stock for $302,300 on Monday, executing a transaction under a pre-arranged trading plan designed to remove disc...