Target plummets by more than 18% as revenue is not achieved
[ad_1] Target Corporation (NYSE: TGT) fell sharply in premarket trading after the company reported disappointing third-quarter earnings and lowered its full-year outlook. Despite trying to lure shoppers through price cuts and early holiday sales, the company missed Wall Street’s profit…
Comcast cuts cable network cord
[ad_1] Comcast Corporation (NASDAQ: CMCSA) is moving forward with plans to spin off its cable TV networks, including MSNBC, CNBC, USA, E!, Syfy, and Golf Channel. The decision is part of the company’s broader strategy to reduce its exposure to…
UK inflation rises to 2.3%, increasing pressure to postpone interest rate cut
[ad_1] Britain’s inflation rate rose to 2.3% in October, reversing a downward trend earlier in the year and putting pressure on the Bank of England to postpone further rate cuts until at least next year. Official figures released by the…
Oceania Healthcare restructures due to declining profits
[ad_1] oceania healthcare (ASX:OCA)The company, New Zealand’s leading provider of aged care and retirement living services, operating 46 locations across New Zealand, has announced its financial results for the six months to 30 September 2024. The company reported a net…
Dell’s AI advances fail to offset PC slump, sending stock down 12%
[ad_1] Dell Technologies (NYSE: DELL) reported mixed results for its fiscal third quarter of 2025. Revenue rose 9.3% year-on-year to US$24.37 billion, but fell short of analysts’ consensus estimate of US$24.66 billion. Adjusted earnings per share (EPS) came to $2.15,…
Microsoft in trouble: FTC antitrust investigation looms
[ad_1] The Federal Trade Commission (FTC) has launched a wide-ranging antitrust investigation into Microsoft, focusing on the company’s cloud computing, software licensing, artificial intelligence (AI), and cybersecurity products. The investigation marks new scrutiny of Microsoft’s business practices, reminiscent of the…
Breaking the monopoly: Google’s fight against antitrust law
[ad_1] Google is grappling with a number of antitrust challenges in the U.S. as federal authorities increase scrutiny of the tech giant’s business practices. Closing arguments in the US Department of Justice’s (DOJ) second antitrust lawsuit against Google were held…
Archer approaches feasibility test for kidney disease sensor
[ad_1] archer material (ASX:AXE) announced progress in the development of graphene field-effect transistor (gFET) sensors for biochip technology, a platform aimed at revolutionizing chronic kidney disease diagnosis. The company’s recent tests have strengthened its operational stability and design, moving it…
Golden Trifecta: Spartan confirms Freak’s discovery
[ad_1] spartan resources (ASX:SPR) A new high-grade gold discovery has been confirmed at the Freak Gold Prospect, located just south of the Pepper Gold deposit at the Dalgaranga Gold Project in Western Australia. This is the third major high-grade discovery…
AV Jennings receives acquisition offer from AVID Properties
[ad_1] AV Jennings (ASX:AVJ) announces an unsolicited and non-binding indicative offer from Proprium Capital Partners and AVID Property Group. The objective is to acquire all outstanding shares of AVJennings through an all-cash offer of $0.67 per share. The offer will…