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The White House has accused Chinese entities of conducting “industrial-scale” theft of intellectual property from American artificial intelligence labs, marking a fresh escalation in tensions between the world’s two largest economies over control of next-generation technology. In a memo seen by the Financial Times, Michael Kratsios, director of the White House Office of Science and… Continue reading White House alleges China stole AI at industrial scale: report

Consumer products behemoth Procter & Gamble Company (PG), is scheduled to unveil its third-quarter fiscal 2026 financial results on April 24, ahead of the market opening, with analysts anticipating year-over-year growth in both sales and earnings. For the fiscal third quarter, the Zacks Consensus Estimate forecasts Procter & Gamble will report revenues of $20.6 billion,… Continue reading P&G earnings preview: sales seen rising despite rich valuation

ServiceNow shares fell sharply after the company flagged geopolitical disruptions and a weaker margin outlook, dampening investor sentiment despite stronger-than-expected revenue and upbeat projections for its artificial intelligence business. The stock dropped more than 14% as the enterprise software firm said the ongoing conflict in the Middle East had delayed key deal closures, weighing on… Continue reading ServiceNow plunges 14% as Middle East conflict hits deals

Wall Street opened weaker on Thursday, as investors paused after a recent rally, weighed down by persistent geopolitical tensions and a mixed batch of corporate earnings. The Dow Jones Industrial Average fell about 253 points, or 0.51%. S&P 500 slipped 0.26%, while Nasdaq 100 also declined 0.33%, after both indexes closed at record highs in… Continue reading Dow Jones falls 253 points as Iran tensions, earnings weigh mood

Hasbro, Inc. reported preliminary first-quarter revenue that exceeded Wall Street expectations, driven by strong demand for its flagship trading-card franchise Magic: The Gathering, even as a cybersecurity incident delayed the release of full results. The company said it expects revenue in the range of $970 million to $985 million for the quarter, ahead of analyst… Continue reading Hasbro stock jumps 7% as preliminary revenue tops estimates

Honeywell warned of a softer-than-expected second quarter as geopolitical tensions in the Middle East disrupt supply chains and weigh on industrial activity, sending its shares lower in premarket trading even as the company pressed ahead with a sweeping restructuring plan. Shares of the Charlotte, North Carolina-based conglomerate fell 5.6% before the bell after the company… Continue reading Honeywell stock falls as Middle East conflict hits Q2 outlook