Latest News
UnitedHealth Slashes Subsidiary Disclosure in SEC Filing
UnitedHealth Group has dramatically reduced the number of subsidiaries disclosed in its annual SEC filing to just 10, down from approximately 3,100 previously, offering investors a narrower view of its corporate structure.
Exxon Mobil Diverts Fuel to Australia Amid Hormuz Closure, Lifting Oil Prices
Exxon Mobil is sending its first fuel cargo from the U.S. Gulf Coast to Australia since December to address Asian supply shortages caused by the Strait of Hormuz closure. Brent crude surged 4.7%.
JPMorgan CEO Urges Banks to Bolster Cyber Defenses Amid Rising Iran Tensions
JPMorgan Chase CEO Jamie Dimon has cautioned financial institutions to prepare for potential cyber retaliation linked to Middle East tensions. U.S. intelligence indicates increased threat activity from groups aligned with Iran.
Coherent Launches 224Gbps Chip for Next-Gen AI Data Centers
Coherent Corp introduced its CHR1074 224Gbps quad-channel transimpedance amplifier, targeting 800G and 1.6T optical modules for AI data centers. The company also secured new funding from an expanded partnership with Nvidia to prioritize production capacity.
Intel Considers Opening 18A Chip Process to External Foundry Clients
Intel's CEO is reconsidering making the advanced 18A chipmaking process available to external foundry clients, a strategic shift that sent shares higher. The announcement coincides with a planned board leadership transition.
Ripple Payments Expansion Fuels XRP Rally; Market Eyes U.S. Jobs Data
XRP gained approximately 6% to $1.45 following Ripple's announcement of platform upgrades supporting fiat currencies and stablecoins. Market attention now shifts to the upcoming U.S. employment data for signals on monetary policy and risk sentiment.
Okta Shares Slip on Tempered Growth Outlook Despite Strong Quarter
Okta shares fell in extended trading after the company projected approximately 9% revenue growth for its upcoming fiscal year, despite reporting better-than-expected fourth-quarter results and expanding its security offerings for AI agents.
Silver Recovers as Dollar Retreats, Traders Eye Key Jobs Report
Silver prices climbed Wednesday, recovering from a steep selloff as the U.S. dollar weakened. Traders are now focused on upcoming U.S. employment data for signals on future Federal Reserve interest rate moves.
AppLovin Surges on E-Commerce Ad Expansion Plans
AppLovin shares rallied 9.4% late Wednesday as management detailed growth in gaming ads and a planned expansion into web and e-commerce advertising, outperforming sector peers.
Apple Launches $599 MacBook Neo, Targets Education Market Amid Rising Costs
Apple introduced the MacBook Neo, a $599 laptop with an A18 Pro chip and 8GB memory, shipping March 11. The device targets the education segment and undercuts Apple's previous entry-level MacBook Air.