Fox Business1d agoAlphabet, Microsoft earnings show surging AI demand and spendingAlphabet expects capital expenditure of $195 billion to $205 billion this year. Google Cloud revenue rose 103%. Microsoft's Azure revenue grew 48%.1d ago
Fox Business2d agoPeltz-led group offers to buy Wendy’s for $1.4BThe cash offer is $7.35 a share. That is about a 20% premium to Tuesday’s close. The stock rose nearly 17% at one point after the news.2d ago
Fox Business10-26JetBlue Creditors Hire Advisors as 2031 Notes Fall to 42 CentsJetBlue's senior notes due in 2031 have fallen to 42 cents on the dollar. The airline's shares are down roughly 58% since the start of August.10-26
Fox Business10-26SpaceX secures $40B for AI chip purchases backed by Starlink revenueElon Musk said SpaceX has closed $40 billion in debt financing to buy GPUs for its artificial intelligence operations. He said the company carries an investment grade credit rating and is supported by Starlink and launch revenue.10-26
Fox Business10-26General Motors plans ‘eyesoff’ driving tech for trucks and SUVsGeneral Motors is betting on autonomous driving, AI and connected services as it looks to transform the driving experience and grow its digital business.10-26
Fox Business10-24American Airlines says airfares will stay high despite fuel dropAmerican Airlines warned airfares are likely to stay elevated even if fuel prices decline, as surging fuel costs drove deeper losses and an updated earnings forecast.10-24
Fox Business10-22Musk says Tesla FSD demand is outpacing production at earnings callElon Musk says Tesla demand is significantly outpacing production, citing Full Self-Driving tech as the biggest driver during the company's earnings call. He also announced Cybercab's Dallas launch.10-22
Fox Business10-21Boeing's largest 737 MAX jet wins FAA certification, clearing way for deliveriesBoeing's 737 MAX 10 has received FAA certification, clearing the way for deliveries of its largest MAX jet, with 1,555 orders from more than 30 customers.10-21
Fox Business10-21JPMorgan Chase invests $5 billion in U.S. national security firmsJPMorgan Chase invested $5 billion in companies underpinning U.S. national security, supporting defense technology, critical minerals, cybersecurity, AI and quantum computing.10-21