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Consumers are not lovin’ it: McDonald’s has its worst quarter since 2020

McDonald’s reported its worst quarterly sales for the United States since the height of the pandemic in 2020, the latest restaurant chain…
Investing

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and…
Investing

Amazon is stepping up to fill a gap in Hollywood’s movie slate

Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie…
Investing

Tesla denies report that the EV maker is looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching…
Investing

Nvidia CEO Jensen Huang warns China is ‘not behind’ in AI

Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most…
Investing

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing…
Investing

Trump-Bezos call sets stage for tense earnings report from Amazon

President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a…
Investing

JetBlue to partner with another U.S. airline in the coming weeks

JetBlue Airways is getting ready to announce a partnership with another U.S. airline with a larger network in the coming weeks, the carrier’s…
Investing

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing…
Investing

IBM pledges $150 billion to boost U.S. tech growth, computer manufacturing

International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30…
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