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AI boom lifts Intel stock as demand for CPUs outpaces supply

SAN FRANCISCO, California: Intel shares surged sharply after the chipmaker reported unexpectedly strong demand for its processors,...

Rising oil costs to dent P&G profits by $1 billion in 2027

CINCINNATI, Ohio: Procter & Gamble has warned that surging oil prices could shave about US$1 billion off its fiscal 2027 profit, underscoring...

Amazon drops job titles for ‘builder’ roles in two product units

SAN FRANCISCO, California: Amazon is experimenting with a new way to define roles within parts of its business, replacing traditional...

U.S. stocks bolstered by expected resumption of Iran peace talks

NEW YORK, New York - U.S. stock markets closed mixed on Friday, with the technology-heavy Nasdaq Composite surging to a fresh record,...

Microsoft plans first-ever employee buyout program in history

SEATTLE, Washington: Microsoft is preparing to launch its first-ever voluntary employee buyout program, marking a notable shift in...

SpaceX, OpenAI, Anthropic IPOs test investor risk appetite

NEW YORK CITY, New York: A new wave of blockbuster stock market listings led by SpaceX, OpenAI, and Anthropic is set to test investor...

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