Category : Markets

Microsoft on Monday announced a new voluntary buyout program that will cover about 60,000 eligible employees who can choose to leave the company with financial support and other career planning resources. The buyout program covers more than a quarter of Microsoft’s global workforce, as the company said it had about......

Microsoft researchers said in a study that a new artificial intelligence (AI) tool that can diagnose patients step by step, like how a doctor would do, was more than twice as accurate as general physicians at solving complex medical cases. The study, which was published on Thursday in Science, said......

Boeing’s largest 737 MAX aircraft has received Federal Aviation Administration certification, clearing the way for deliveries of a jet with 1,555 orders that represent a third of the company’s outstanding 737 MAX order book. The FAA announced Tuesday that it had certified the 737 MAX 10 after years of regulatory......

Tesla is set to unveil the redesigned Roadster on Thursday after the EV-maker first previewed a next-generation version of its electric sports car nearly nine years ago. The automaker first revealed a prototype of the $200,000 Roadster in 2017 and the company said at the time it would begin deliveries......

Shares of Skydance Corp. fell Wednesday after the newly formed media giant distributed nearly 471 million stock warrants to shareholders. Skydance shares fell as much as 26% in Wednesday trading, trading at $6.68 per share as of 11:35 a.m. ET. The stock later pared some of those losses, closing down......

Crypto titan Michael Saylor predicts bitcoin will surge past $100,000 over the next year to kick off a massive new bull market. The largest cryptocurrency by market capitalization is trading around $81,800, up from about $75,900 a month ago, around the time the Senate failed to advance the Clarity Act......

First on FOX Business: Two of the country’s largest freight rail companies are hoping federal regulators fast-track their merger. Union Pacific is seeking to acquire Norfolk Southern in an $85 billion deal that would create the nation’s first transcontinental railroad, including 50,000 miles of track across almost every state. The......

Amazon needs no introduction. It’s one of the world’s most valuable companies. It holds commanding positions in various end markets, with a corporate strategy that centers on always chasing massive opportunities. This playbook has worked wonders. If you’d bought $10,000 worth of this “Magnificent Seven” stock 10 years ago, here’s......

Tesla beat Wall Street estimates for third-quarter deliveries on Friday, as sales in Europe recovered from last year’s slump and made up for weaker demand in the electric-vehicle maker’s two biggest markets, the U.S. and China. Shares of the Austin, Texas-based company rose nearly 2% in premarket trading. Through last......

Investors have survived September, the historically worst month of the year for stock market returns. Outside of February (which has an average return that’s just barely negative), September is the only month to average a negative return for the S&P 500. The S&P 500 was actually positive for September this......