EBay Forecasts Strong Quarterly Revenue on High-Value Category Growth
eBay forecasts upbeat quarterly revenue as momentum builds in high-value product categories, signaling resilience in the e-commerce marketplace sector.
economy
Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
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Coverage (4809 articles)
Uber investe 10 mil milhões de dólares para liderar corrida dos robotáxis
Uber planeia investir mais de 10 mil milhões de dólares para se tornar líder global em veículos autónomos, com ambição de lançar 120 mil robotáxis nos próximos anos.
Uber's Ride-Sharing Surge Fails to Impress Markets Amid Weak Profit Outlook
Uber's stock dropped 5% despite booming ride-sharing revenue, as weak profit guidance and slowing growth forecasts disappointed investors who are skeptical of the company's robotaxi pivot strategy.
Small Ohio mini mart rallies community support against Buc-ee's lawsuit
Beaver's Mini Mart in Ohio faces a lawsuit from Buc-ee's, but local businesses and officials are mobilizing support through merchandise sales and legislative action to defend the small business.
Flutter CEO Steps Down After Earnings Miss, FanDuel Growth Slows
Flutter's CEO is stepping down following a significant earnings miss and profit guidance reduction, with shares plummeting as the company's U.S. sports-betting business FanDuel shows slowing growth.
Ex-CFO questioned for six hours in Tabung Haji graft probe
Malaysian Anti-Corruption Commission detained a former CFO and CEO of Tabung Haji following a Royal Commission inquiry into alleged abuse of power and misappropriation involving RM370 million in share acquisitions.
Gold surges past $4,200 as weak July jobs data signals economic slowdown
Private sector job creation fell short of expectations with only 44,000 jobs added in July, prompting investors to seek safe-haven assets as gold prices surged above $4,200.
Explosão de carro deixa diretor de fábrica russa de drones gravemente ferido
Um diretor de fábrica russa de drones sofreu ferimentos graves em uma explosão de carro, em um incidente que pode estar relacionado a atividades de sabotagem contra a indústria de defesa russa.
Realme 16x 5G launches August 12 with 144Hz display, 7,000mAh battery
Realme confirms August 12 launch of Realme 16x 5G in India, featuring a 144Hz display, MediaTek Dimensity 6300 processor, 50MP camera, and 7,000mAh battery with 45W fast charging.
Italian waste workers recover €1m lottery ticket from landfill after miraculous two-day search
An Italian lottery player who accidentally discarded a €1m winning ticket recovered it after waste workers searched through collected refuse for two days, following a family member's alert about drawn numbers.
MACC grills former Tabung Haji CFO for six hours over RCI findings
Malaysia's anti-corruption agency questioned a former CFO for six hours regarding findings from a Royal Commission inquiry into Tabung Haji's RM370 million share purchases. The official is suspected of abusing power in the transaction.
Cardinal's 20-year fight yields $150m settlement for 1,373 Peruvians poisoned by US smelter
A Peruvian cardinal's 19-year campaign against a US mining company resulted in a $150m settlement for 1,373 people poisoned by lead emissions from a toxic smelter in the Andes, marking one of the longest civil lawsuits against a multinational for environmental harm.
South Korea police raid Starbucks HQ over 1980 massacre promotion scandal
South Korean police raided Starbucks Korea headquarters investigating a May promotional campaign that appeared to trivialize the 1980 Gwangju Uprising massacre. The company's internal investigation was deemed insufficient, prompting criminal inquiry into potential deliberate trivialization.
Redmi K100 Pro confirmed with custom Snapdragon chip, 185Hz display
Redmi confirms K100 Pro specs including custom Snapdragon 8 Elite Gen 5 V chip, 185Hz display, and advanced cooling system ahead of August 11 China launch.
Apple May Limit Heavy Siri AI Use to iCloud+ Subscribers
Apple may limit heavy AI usage to iCloud+ subscribers while keeping basic Siri functions free, bundling advanced features like image generation with existing cloud storage plans.
Light Lens Lab Launches High Performance Series with New 35mm f/2 Apochromatic Lens
Light Lens Lab unveils its first High Performance Series lens, a 35mm f/2 apochromatic design marking a departure from the company's classic lens reimagining focus toward original optical engineering.
Disney Reports Q3 Earnings as D'Amaro Charts Growth Strategy
Disney reports Q3 fiscal earnings with focus on streaming and theme parks performance under new CEO Josh D'Amaro, who has implemented cost-cutting measures including recent layoffs across divisions.
Panasonic to Relocate Technics Production From Malaysia by 2027
Panasonic will close its Malaysia Technics factory by early 2027, relocating production to an undisclosed facility. The hi-fi audio brand, revived in 2014, continues strong demand despite manufacturing uncertainty.
Skubal's solid debut wasted as Dodgers fall to Cubs, extend skid to five
The Dodgers fell 5-1 to the Cubs in Tarik Skubal's debut, dropping their fifth consecutive game. Despite Skubal's strong pitching performance, LA's offense and bullpen struggles continue.
Experiential Activations and High-Touch Service Drive Client Retention in MICE
MICE industry leaders highlight personalized service and experiential activations as key drivers of long-term client retention, with brands pivoting toward sustainability and modern audience values.
Pokémon Pokopia Dives Deep With Underwater Expansion, Free Update
The Pokémon Company releases Bubbly Basin, the first paid DLC for Pokémon Pokopia on Nintendo Switch 2, alongside a free Version 2.0.0 update introducing underwater town-building mechanics and the Dive move.
MACC arrests former CEO, CFO over RM370m plantation deal abuse of power
Malaysia's anti-corruption commission arrested a former CEO and CFO over alleged abuse of power in a RM370 million plantation share acquisition by a statutory body company.
SpaceX dispara ingresos 92%, pero acciones caen por gasto masivo en IA
SpaceX registró ingresos de US$ 7.800 millones con crecimiento del 92%, pero sus acciones cayeron 8% debido a pérdidas de US$ 541 millones y gastos masivos en inteligencia artificial que superaron expectativas.
SpaceX's revenue surge dwarfed by AI capex explosion as cash burn accelerates
SpaceX's revenue nearly doubled to $11.1B, but capital expenditures skyrocketed to $18.4B, driven by massive AI infrastructure investments. Share prices fell as investors questioned whether spending will ever generate proportional returns.