Business

Nvidia shares slump 3% in premarket as quarterly revenue growth slows

Despite nearly doubling sales year-on-year, Nvidia’s third-quarter results show a slowdown from previous quarters.

Massive storm pummels Northern California with rain and snow as largest ‘atmospheric river’ of season hits region

The storm system, which first hit Tuesday, is considered a “ bomb cyclone,” which occurs when a cyclone intensifies rapidly. Read ...

High demand for weight loss drugs like Ozempic and Wegovy is impacting employer health care costs—but it can be critical for retaining talent

“While the rising costs of health benefits pose challenges, ensuring employees have access to quality care is paramount.” Read More

Big Tech is the nuclear industry’s new best friend: Amazon, Microsoft and Google rush to sign deals

The companies are depending on nuclear energy to power their massive AI operations. Read More

Inflation, China’s stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there’ll be no bust

Elko, Nev., site of the largest gold mine in the world, bears little resemblance to the gold rush town it ...

Russia fires intercontinental ballistic missile at Ukraine for first time

Moscow responds after Kyiv fired US and UK-made long-range missiles on to Russian territory

Google’s departing EMEA president is a former Olympian and likes to kick off his morning rowing on the river Thames

Fortune sat down with Matt Brittin to discuss how European leaders can narrow the productivity gap with the U.S., uncover ...

Adani Group slams ‘baseless’ New York fraud and bribery charges

India’s Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group’s chair ...

Angela Merkel, once celebrated as one of the world’s most popular politicians, now faces growing scrutiny over her legacy

“Freedom”, co-written by Merkel and her political adviser Beate Baumann, will be published on Tuesday just as Germany grapples with ...

Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S., bond strategists say

Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis.

Former UK deputy prime minister John Prescott dies at 86

Politician was central to Tony Blair’s New Labour project

British regulators will soon announce competition remedies for the multibillion-pound cloud industry

The U.K. competition regulator will soon announce “behavioral” remedies to address anti-competitive practices in the cloud industry, two sources told ...

French AI startup backed by Arnault plans to raise more funds

H, the French AI startup founded by veterans of Google’s DeepMind AI lab and backed by billionaires including LVMH’s Arnault, ...

Thrive Capital: the venture firm staking billions on a few big bets

The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay ...

The man who links Donald Trump with war-torn Lebanon

Massad Boulos, father of Tiffany Trump’s husband Michael, has met Middle Eastern politicians in the US

Scholz faces his ‘Biden moment’

German chancellor under pressure from own party to mirror US president and drop out of election race

John Lewis chief criticises UK Budget as ‘two-handed grab’ from business

Nish Kankiwala is latest retail head to warn of additional costs for retailers and higher prices for consumers

UK merger regulator to explore deal remedies after anti-growth criticism

CMA chief says agency is very aware that boosting the economy is an important part of its mandate

Japan urgently needs to plug its CFO deficit

Investors expect to deal with people fluent in shareholder-focused language

Apple proposes Indonesian factory in bid to reverse iPhone 16 ban

Investment of $100mn in key market would help meet requirement for 40% local content in smartphones

Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and ...

Hyundai reveals all-electric Ioniq 9 three-row SUV

Hyundai Motor’s newest all-electric vehicle is the 2026 Ioniq 9 SUV a three-row, up to seven-passenger SUV for the U.S. ...

OpenAI CEO received $76,001 in pay last year, filing shows

Altman, who is worth at least $2 billion, has previously said he gets paid “whatever the minimum for health insurance is.” Read More

Inside Elon Musk’s plans for a private pre-school in Texas, which just got a permit to open and where children will learn to sweep, draw, and explore

Ad Astra — Latin for “to the stars” — just received its initial permit, and can now open its doors ...

Nvidia’s dizzying growth is now everyone’s business

Chip giant’s earnings are a big event for US equity investors, and not just because of its $3.6tn heft

Nvidia’s Jensen Huang pledges to ‘comply fully’ with Trump trade policies as uncertainty looms over chip industry

Despite Trump’s tough-on-China stance, previous comments casting doubt on America’s commitment to help Taiwan defend itself against a potential Chinese ...

Cheaper turkey prices make Thanksgiving 2024 a little easier on your wallet

A 10-pound frozen turkey averages $10.40 this year, a 19% decrease from 2023. Read More

A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme

The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in ...

Wall Street avoids Nvidia sell-off after blowout earnings call

Last quarter, a modest revenue and earnings beat was not enough to prevent a massive sell-the-news event, but that didn’t ...

How Dr. Oz could change Medicare under President Trump

What you might expect from Oz if he runs Medicare, Medicaid, and management of the Affordable Care Act at the ...