Sarah Jenkins

Markets

Albertsons shares slide after grocer cuts 2026 outlook

Albertsons reduced its profit and sales guidance, citing softer grocery demand and more cautious household spending.

By Sarah Jenkins · 2 months ago

Markets

Crypto contract puts CXMT near $425 billion before Shanghai listing

A Hyperliquid derivative has valued ChangXin Memory Technologies far above its IPO price, highlighting investor access limits and...

By Sarah Jenkins · 2 months ago

Markets

Alphabet and Tesla shares fall as AI investment strains cash flow

Both companies beat revenue expectations but reported negative free cash flow, putting Wall Street’s scrutiny of AI-related capita...

By Sarah Jenkins · 2 months ago

Markets

ServiceNow CEO says AI controls can contain rogue agents

Bill McDermott told CNBC that ServiceNow’s AI Control Tower can stop rogue AI agents as the company seeks to benefit from wider en...

By Sarah Jenkins · 2 months ago

Markets

Galderma sees GLP-1 weight-loss drugs lifting aesthetics demand

CEO Flemming Ørnskov told CNBC that rising use of GLP-1 drugs is starting to support growth in Galderma’s aesthetics portfolio.

By Sarah Jenkins · 2 months ago

Markets

Skyroot targets 2027 commercial launches after private orbital test

The Indian startup plans monthly missions in the sub-1,000 kg satellite market, where Analysys Mason valued demand at $5 billion i...

By Sarah Jenkins · 2 months ago

Markets

Ukraine targets Wildberries hubs in strikes on Russian supply chains

Drone attacks on five Wildberries sites have widened Ukraine’s campaign against Russian logistics, with casualties reported by Rus...

By Sarah Jenkins · 2 months ago

Markets

Alphabet drops as AI demand raises spending questions

Alphabet beat second-quarter revenue estimates, but shares fell after higher AI capital spending and softer underlying earnings dr...

By Sarah Jenkins · 2 months ago

Markets

India student protests over exam leaks test Modi government

Youth-led demonstrations over alleged exam leaks have spread in India, drawing police action and increasing pressure on Prime Mini...

By Sarah Jenkins · 2 months ago

Markets

Tesla and Alphabet slide premarket as AI spending worries investors

Alphabet fell about 4% and Tesla dropped more than 5% before the open after both companies outlined rising AI-related capital spen...

By Sarah Jenkins · 2 months ago

Markets

IBM cuts 2026 growth outlook after second-quarter miss

IBM lowered its full-year revenue growth forecast after second-quarter profit and sales fell short of LSEG consensus estimates.

By Sarah Jenkins · 2 months ago

Markets

US signs civilian nuclear power accord with Saudi Arabia

The agreement would support a Saudi civilian nuclear program and is subject to congressional review under the Atomic Energy Act.

By Sarah Jenkins · 2 months ago