Planet Labs’ stock soars as the satellite company says AI will unlock more business
The company, a Google partner, delivered record revenue for its latest fiscal year, reflecting growing demand for satellite imagery.
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FedEx is upbeat about shipping demand despite surging fuel costs — and the stock is rallying
Shares of FedEx rose in extended trading Thursday after the package-delivery giant said it expected slightly better sales and profits for this year, even as the Iran war threatens larger shipping disruptions and drives fuel prices higher.
Social media is eroding young people’s happiness. Low-income teens may be most at risk.
Heavy usage of certain types of social media may be contributing to a drop in youth well-being, according to Gallup’s new World Happiness Report.
Why Starbucks’ turnaround plans might not win over the younger crowd
Efforts such as adding comfier seats at Starbucks stores might not work with younger customers, RBC analysts say.
The spike in gas prices might affect Olive Garden sales, but not in the way you’d expect
Olive Garden parent Darden Restaurants reports earnings this week amid concerns over rising oil prices and a strike at a large U.S. meatpacking plant.
Uber’s stock powers higher as Nvidia robotaxi deal helps avert ‘doomsday’ scenario
Uber and Nvidia aim to launch autonomous ride-hailing in up to 28 cities in less than two years.
This biotech is working on a GLP-1 pill that could be better than the Wegovy version
This experimental pill helped people lose about 16% of their body weight after about a year of treatment
Moody’s says a recession will be hard to avoid if oil prices stay elevated for even a few more weeks
The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and natural gas as it consumes.
U.S. stock futures bounce back, oil climbs as investors weigh developments in Iran conflict
U.S. stock-index futures reversed early losses on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.
It was unthinkable a couple of weeks ago, but could the next move by the Fed be a rate hike?
With fuel prices soaring since the start of the war with Iran, a question has surfaced that was almost unimaginable a few weeks ago.
