Exclusive

Publication

Byline

Deutsche Bank Posts Record Q2 Profit as Investment Banking Revival Takes Hold

FRANKFURT, July 30 -- The bank that European regulators were quietly stress-testing for collapse a decade ago reported its best-ever second-quarter profit on Tuesday, a result that says as much about ... Read More


Mercedes-Benz Vows to Fight US Market Ban as Senate Bill Targets Its Chinese Investors

New Delhi, July 30 -- keep two Chinese investors holding nearly a fifth of the company's shares, and American showrooms may no longer be an option. The German luxury maker is not walking away. Legisl... Read More


Apple Crosses $5 Trillion as AI Infrastructure Stocks Fall Apart

CUPERTINO, July 30 -- On any other Tuesday, the number alone would have been the story. But when Apple Inc. AAPL briefly crossed $5 trillion in market value on July 29, the market was already busy des... Read More


US Treasury Buys Back $2 Billion of Long-Term Bonds in Active Debt Management

New Delhi, July 30 -- WASHINGTON - Bond traders who started Tuesday watching the Federal Reserve vote to hold its benchmark rate unchanged ended the day parsing a quieter signal from the other side of... Read More


AMD Falls Behind as Nvidia's Vera CPU Targets 90% of the Server Market by 2029

New Delhi, July 30 -- SANTA CLARA - AMD's Epyc server processors have been the most credible challenge to Intel's decade-long grip on the data center. By the end of this year, AMD may have a bigger pr... Read More


DoorDash Receives FAA Certification for Its Own Drone Delivery Service

New Delhi, July 30 -- The Federal Aviation Administration's Part 135 air carrier certification is the credential that allows a company to conduct commercial drone operations legally in the United Stat... Read More


Microsoft Azure Crosses $100 Billion in Quarterly Sales as Profit Jumps 31%

New Delhi, July 30 -- The cloud war has a leader, and the quarterly filing that confirmed it arrived this week. Azure's annual revenue crossed $100 billion for the first time in Microsoft Corp. MSFT's... Read More


Samsung's Chip Division Posts Its Best Quarter as AI Memory Demand Overwhelms Supply

New Delhi, July 30 -- SEOUL - The companies building the data centers that make large-scale AI possible cannot get enough of a specific type of memory chip. That constraint, invisible in most earnings... Read More


Meta Shares Fall as Zuckerberg's AI Spending Acceleration Hits Investor Patience

NEW YORK, July 30 -- The number that sent Meta Platforms Inc. META stock down as much as 7 percent in after-hours trading Wednesday was not $60.8 billion. That was the quarterly revenue figure, up 28 ... Read More


Jason Cloth, Joker Producer, Faces Seven Federal Fraud Counts in $100 Million Scheme

The indictment, July 30 -- Jason Cloth had producer credits on Joker, Licorice Pizza, and House of Gucci. He had accumulated enough standing in award-season Hollywood to function as a credible counter... Read More