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Colleen Cabili

Colleen Cabili

Quartz

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Jerome Powell says he will remain on the Fed board after stepping down as chair

It would be a blow to Trump, who has mounted a relentless pressure campaign against Powell and would be deprived of the chance to nominate someone to...

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Colleen cabili

Ford is raising its full-year profit outlook after a $1.3 billion tariff refund

The automaker's adjusted EBIT more than tripled year-over-year, and it lifted its full-year earnings guidance by $500 million at the midpoint

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Colleen cabili

Google Cloud revenue grew 63% as Alphabet beat first-quarter expectations

Alphabet reported $109.9 billion in revenue for the first quarter, topping analyst projections of $107.2 billion

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Colleen cabili

Microsoft's AI business surpassed a $37 billion annual run rate as cloud growth beat forecasts

Azure revenue grew 40% year over year, topping analyst expectations, as total quarterly revenue rose 18% to $82.9 billion

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Colleen cabili

PayPal is reorganizing Venmo into its own standalone business unit

The move would make it easier to track Venmo's performance or sell the app, which has almost 100 million users

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Colleen cabili

Universal Music is selling half its Spotify stake to fund a doubled share buyback

First-quarter revenue held flat at €2.9 billion as a weak U.S. dollar offset 8.1% constant-currency growth

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Colleen cabili

Uber is adding hotel bookings to its app through a new Expedia partnership

U.S. users will be able to search and book from more than 700,000 hotels directly in the Uber app, with Vrbo rentals coming later this year

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Colleen cabili

Walmart is opening a $350 million milk processing plant in Texas

The Robinson, Texas facility will supply more than 650 Walmart and Sam's Club locations across the South Central U.S. and create over 400 jobs

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Colleen cabili

FDA is launching real-time monitoring of drug trials, with AstraZeneca and Amgen as first test cases

The agency says 45% of drug development time is currently "dead time" — real-time data access could cut months or years from the process

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Colleen cabili

General Dynamics beat profit and revenue estimates as defense shipbuilding revenue rose 21%

The defense contractor posted $13.5 billion in revenue and diluted EPS of $4.10, both exceeding Wall Street forecasts

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Colleen cabili

Garmin's fitness segment revenue jumped 42% as demand for premium wearables held up

Total revenue rose 14% to $1.75 billion, topping analyst estimates, as the GPS and wearable company posted record operating income

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Colleen cabili

Kone is buying German rival TK Elevator in a $34.4 billion deal

The cash-and-stock transaction would create the world's largest elevator maker, surpassing Otis and Schindler

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Colleen cabili

Humana stock sinks after insurer keeps full-year profit forecast despite strong Q1

The health insurer's first-quarter benefit ratio came in better than expected, but investors wanted a guidance raise

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Colleen cabili

UBS profit rose 80% as trading revenue hit an all-time high

The Swiss bank's investment bank posted $4 billion in revenue for the quarter, driven by records in equities and foreign exchange

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Colleen cabili

Erasca stock sinks almost 50% after patient death in cancer drug trial

A 66-year-old man developed severe lung inflammation about a month after starting ERAS-0015 and later died after withdrawing supportive care

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Colleen cabili

Impulse COO Eric Romo discusses Rigel’s place in firm’s in-space mobility fleet

Impulse president and chief operating officer Eric Romo discusses Rigel’s place in firm’s in-space mobility fleet

tuesday 1

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Colleen cabili

Robinhood posts $1.07 billion in revenue as crypto trading falls 47%

Net income rose 3% to $346 million, but a slump in cryptocurrency trading weighed on transaction revenue

tuesday 3

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Colleen cabili

Starbucks is posting its first profit growth in over 2 years and raising its outlook

Global same-store sales rose 6.2% and adjusted EPS of 50 cents topped Wall Street's 43-cent estimate

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Colleen cabili

U.S. ordered chip equipment makers to halt some shipments to China's No. 2 chipmaker

Applied Materials, Lam Research, and KLA were among companies receiving Commerce Department letters restricting tool shipments to Hua Hong

tuesday 4

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Colleen cabili

Ghirardelli is recalling 13 powdered drink mixes over salmonella concerns

The recall covers bulk frappe, hot cocoa, and sweet ground powder mixes sold to food service customers and through e-commerce platforms

tuesday 2

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Colleen cabili

Subway is launching its first-ever value menu with 15 items under $5

The Fresh Value Menu features Deli Faves subs for $3.99, Protein Pockets for $3.99, and a rotating Sub of the Day for $4.99

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Colleen cabili

McDonald's is rolling out 6 new specialty drinks at U.S. locations starting May 6

The lineup includes 3 refreshers and 3 crafted sodas, featuring freeze-dried fruit, popping boba, and cold foam

tuesday 2

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Colleen cabili

JPMorganChase becomes first bank to join Olympic top sponsor program

The deal covers the Los Angeles 2028 and French Alps 2030 Games, and includes a separate agreement making the firm the Official Bank of Team USA

tuesday 2

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Colleen cabili

S&P Global revenue climbs 10% as ratings and indices drive growth

The data and analytics company posted $4.17 billion in revenue and GAAP diluted EPS of $4.69, up 32% year over year

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Colleen cabili

Kevin O'Leary's company is planning a 9-gigawatt AI data center campus in Utah

The off-grid project would span about 40,000 acres in Box Elder County, powered by a nearby natural gas pipeline

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Colleen cabili

Corning is beating earnings on AI fiber demand, signs 2 new hyperscale deals

The glassmaker's optical communications division posted $1.85 billion in Q1 sales, up 36% year over year, driven by data center buildout

tuesday 4

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Colleen cabili

BYD's quarterly profit fell 55% as China's EV price war eroded margins

Net income dropped to 4.08 billion yuan ($597 million) in Q1, extending the Chinese automaker's streak of profit declines to four straight quarters

tuesday 2

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Colleen cabili

600 Google employees are urging CEO Sundar Pichai to block classified Pentagon AI deals

Workers from DeepMind and Cloud signed a letter citing concerns about lethal autonomous weapons and mass surveillance

27.04.2026 2

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Colleen cabili

Accenture is rolling out Microsoft's AI assistant to 100,000 workers, with plans to double that

The professional services firm says 97% of employees using the tool complete routine tasks up to 15 times faster

27.04.2026 3

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Colleen cabili

Marvell cancels POET Technologies orders after confidentiality breach, stock falls 46%

Marvell told POET it had publicly disclosed details of purchase orders tied to Celestial AI in violation of confidentiality obligations

27.04.2026 2

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Colleen cabili

Ex-DeepMind researcher raises $1.1B seed round for London AI startup Ineffable Intelligence

The round, led by Sequoia and Lightspeed, values the months-old startup at $5.1 billion — the largest seed round ever in Europe

27.04.2026 1

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Colleen cabili

EssilorLuxottica heir wins approval to buy out 2 siblings in €10 billion deal

The deal gives Leonardo Maria Del Vecchio a 37.5% stake in Delfin, the family holding company that controls the Ray-Ban maker

27.04.2026 3

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Colleen cabili

Intellia is seeking FDA approval for what could be the first in vivo CRISPR gene editing therapy

The company's treatment for hereditary angioedema reduced attacks by 87% vs. placebo in a Phase 3 trial, clearing the way for a potential 2027 launch

27.04.2026 2

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Colleen cabili

Thermo Fisher is selling its microbiology unit to Astorg for $1.08 billion

The unit generated $645 million in revenue in 2025 and supplies products used in clinical, pharmaceutical, and food safety testing

27.04.2026 2

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Colleen cabili

Spotify is launching a fitness hub with more than 1,400 Peloton workout classes

Premium subscribers in most of Spotify's global markets will get access to Peloton strength, yoga, and meditation classes at no extra cost

27.04.2026 1

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Colleen cabili

Oruka Therapeutics drug cleared skin in 64% of psoriasis patients in trial

ORKA-001 also met secondary endpoints at 16 weeks, and updated data support the potential for once-yearly dosing

27.04.2026 2

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Colleen cabili

Customers Bank is embedding OpenAI engineers to automate commercial lending

The regional lender aims to cut commercial loan closing times from 30-45 days to about 7 days using AI agents

27.04.2026 3

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Colleen cabili

Supreme Court heard arguments in Bayer's Roundup cancer case that could gut 100,000 lawsuits

The justices are weighing whether federal pesticide law blocks state failure-to-warn claims — a ruling could end most of 100,000-plus suits Bayer...

27.04.2026 2

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Colleen cabili

Satellite intelligence firm HawkEye 360 is seeking a $2.4 billion valuation in its U.S. IPO

The Virginia-based signals intelligence company plans to raise up to $416 million by offering 16 million shares priced between $24 and $26

27.04.2026 1

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Colleen cabili

Oprah Winfrey is bringing her podcast and TV archive to Amazon in a multiyear deal

Under the agreement, Amazon's Wondery will gain distribution and ad-sales rights to "The Oprah Podcast," her book club, and 25 seasons of her talk...

27.04.2026 2

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Colleen cabili

Taiwan sentenced a former Tokyo Electron engineer to 10 years for stealing TSMC chip secrets

The case is the first in Taiwan to use national security legislation to prosecute theft of critical chip technology

27.04.2026 2

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Colleen cabili

OpenAI is reportedly building an AI smartphone with Qualcomm and MediaTek chips

Analyst Ming-Chi Kuo says mass production of the device is expected in 2028, with Luxshare as the exclusive manufacturing partner

27.04.2026 2

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Colleen cabili

Related Digital and Blackstone secure $16 billion to build Oracle's Michigan AI data center

PIMCO anchored about $10 billion of the $14 billion bond sale, which will fund a 1-gigawatt campus in Saline Township built for Oracle and OpenAI

27.04.2026 4

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Colleen cabili

AMD stock climbs 12% as Intel earnings signal CPU boom for AI

Intel's better-than-expected results prompted analysts to upgrade AMD, its main CPU rival, citing surging demand from agentic AI workloads

24.04.2026 6

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Colleen cabili

Tesla is starting production of its Cybercab robotaxi

CEO Elon Musk confirmed the launch on Tesla's Q1 2026 earnings call, though he warned initial output will be slow before ramping late in the year

24.04.2026 5

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Colleen cabili

Xpeng is targeting 2027 for full-scale delivery of its flying cars

The Chinese EV maker has already received more than 7,000 orders for the vehicle and expects to begin early deliveries later this year

24.04.2026 5

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Colleen cabili

China is requiring government approval for U.S. investment in Chinese AI companies

The move follows Meta's $2 billion acquisition of AI startup Manus, which triggered a Beijing probe into foreign investment and tech exports

24.04.2026 7

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Colleen cabili

CMS and FDA are creating a fast-track Medicare coverage pathway for breakthrough devices

The RAPID pathway could cut the wait for Medicare coverage from over a year to about 2 months after FDA market authorization

24.04.2026 4

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Colleen cabili

Falling in the NFL Draft can cost players millions — here's the full 2026 pay breakdown

The No. 1 pick earns more than $57 million over four years; dropping out of the first round entirely costs a player roughly $40 million in guaranteed...

24.04.2026 8

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Colleen cabili

Porsche's new all-electric Cayenne Coupe starts at $113,800, tops out at 1,139 hp

The top-spec Cayenne Turbo Coupe Electric reaches 60 mph in 2.4 seconds and carries a $168,000 price tag

24.04.2026 3

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Colleen cabili