Intel shares surged on reports that Qualcomm has approached it for a potential takeover, despite Intel's recent struggles including job cuts and dividend suspension.

The FTC is suing CVS, Cigna, and UnitedHealth units for allegedly inflating insulin prices through illegal rebate schemes.

Mercedes-Benz shares dropped 8% after the company cut its 2024 guidance due to weaker demand from China, marking the second downward revision since July.

Reports on iPhone 16 preorder sales are conflicting, with T-Mobile's CEO dismissing low sales claims and analysts like Toni Sacconaghi offering a nuanced outlook, while Apple CEO Tim Cook remains optimistic.

Constellation Energy to restart Three Mile Island nuclear plant, the site of the 1979 accident, under a 20-year power purchase agreement with Microsoft.

The Dow Jones Industrial Average and S&P 500 hit record highs as the Dow surged past 42,000 points following a significant Federal Reserve rate cut.

Nike CEO John Donahoe will retire and be replaced by Elliott Hill as the company aims to revive sales and combat competition.

FedEx reported a drop in first-quarter profit and lowered its annual profit forecast due to muted demand in the package industry and higher operating costs.

Disney will discontinue using Slack as its workplace communication platform following a data breach that leaked over a terabyte of company information.

Intel confirmed it has no plans to divest a majority interest in Mobileye, causing an 8% rise in Mobileye's shares and easing investor fears.