Ford to halt production of electric F-150 Lightning next month until January
Ford plans to halt production of the F-150 Lightning until January to address high inventories and reduce losses of the all-electric pickup trucks.
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.
Comcast’s potential cable networks separation will test the appetite for media reconfiguration
If Comcast moves forward with its idea of spinning off NBCUniversal’s cable networks, it could begin a rollup throughout the media industry.
Amazon’s advertising business grew 19% in the third quarter
Amazon’s online advertising business jumped 19% year over year to $14.3 billion in the third quarter.
Microsoft’s stock has worst day in two years after disappointing forecast
Microsoft’s stock fell more than 6% on Thursday after guidance fell short of analysts’ estimates.
OpenAI CEO Sam Altman says new AI model is taking a while because ‘we can’t ship’ as quickly as hoped
OpenAI CEO Sam Altman said that GPT-5, the company’s next probable large AI model, likely won’t come this year.
IRS announces 401(k) contribution limits for 2025
The IRS has announced higher 401(k) contribution limits for 2025. Here’s what savers need to know.
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.
Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Attorneys and advisors to family offices and high-net-worth families said they’re seeing record demand from clients looking for second passports or long-term residencies abroad.