Business - Page 19

The word was not being used openly in January, when the Iran war was still in its first days and oil was still trading below $80, but by Wednesday evening, with Brent

When Western Digital completed the separation of its flash memory business into standalone SanDisk Corporation in February 2025, the consensus view was that the separation made structural sense but that value realisation

Thursday’s session ended the way Wednesday’s did, with all three major indices lower and the word “stagflation” circulating more openly on trading floors than at any point since 2022. The S&P 500

While U.S. and European equities spent much of the week under pressure, South Korea’s stock market took a sharply different direction on Wednesday. The Kospi index surged more than 5% to close

Atlassian CEO Mike Cannon-Brookes sent a staff memo on March 11 announcing the elimination of approximately 1,600 positions, about 10% of the company’s global workforce of nearly 14,000 employees. The stated rationale

Jensen Huang used the opening keynote of Nvidia’s annual GTC conference in San Jose to dramatically raise the company’s own revenue ambitions, telling an arena packed with more than 30,000 attendees that

The numbers Micron reported Wednesday night are striking not just for their scale but for what they suggest about the structural transformation underway in the semiconductor sector. Revenue nearly tripling in twelve

Wednesday’s close on Wall Street was an uncomfortable one. The Dow Jones Industrial Average finished down 768 points, settling at 46,225.15 and recording a new closing low for 2026. With the month-to-date

Reports out of Reuters have sent Meta Platforms into an unusual position: its stock went up on news that roughly 16,000 people may lose their jobs. The social media giant is reportedly