China faces devastating floods and droughts, resulting in casualties, evacuations, and infrastructure collapses. Heavy rainfall overwhelms drainage systems.
A closer look at Apple's Q3 financial results, with stagnant growth and declining sales in key regions. Can the tech giant bounce back?
Nikola reports a widened loss of $217.8 million in Q2 and announces a leadership change. Production and shipping numbers also decreased.
Morgan Advanced Materials reports a decrease in pretax profit for the first half of the year, citing higher costs and the short-term impact of a cyber incident. Revenue increased slightly. Adjusted operating profit fell. Company remains optimistic about future growth.
Block Inc., the payment-technology company, reports positive financial results for the quarter, increases profit forecast, and highlights efficiency efforts.
Amazon's AWS exceeds expectations with a 12% sales jump, showcasing its influential role in the cloud-computing industry.
The rally in technology stocks has come to a halt following the U.S. credit downgrade, with semiconductor and software stocks experiencing declines.
Bitcoin and other cryptocurrencies face a decline amidst a broader market sell-off. Analysts believe further decline is inevitable.
Germany's trade surplus exceeded expectations in June, with an increase in exports suggesting a small rise in global demand for manufactured goods. Tighter monetary policy and high inflation have put pressure on demand and led to decreased import activity.
Upwork, the leading freelance platform, reports impressive Q2 results with narrowed loss, adjusted profitability, and revenue surpassing expectations. Shares rally after the announcement.