WeWork emerges from bankruptcy, announces John Santora as new CEO
WeWork, once valued at $47 billion by private investors, emerged from bankruptcy on Tuesday with a new CEO from Cushman & Wakefield.
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle is allocating capital for data center construction to meet demand from OpenAI, and it’s bringing its trademark database to other public clouds.
History shows now has been a great time to buy Apple’s stock
Morgan Stanley sales data shows that a sizable chunk of outperformance has typically happened following Apple’s Worldwide Developers Conference.
AI is getting very popular among students and teachers, very quickly
New research from a poll of students, teachers and parents conducted for the Walton Foundation finds the popularity and use of AI in education rising rapidly.
Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
The results released Tuesday compared unfavorably with Europe’s Airbus, which reported orders for 27 new planes in May.
Apple shares close at record high after company unveils AI software
Apple shares reached a new record high of around $203 on Tuesday, besting the previous record from Dec. 14.
European stocks close lower as focus turns to Fed, U.S. inflation; UK wage growth holds
European stocks slipped further on Tuesday as investors looked ahead to the U.S. Federal Reserve’s next meeting and U.S. inflation data.
Hunter Biden guilty in criminal gun trial
A jury has reached a verdict at the criminal gun trial of Hunter Biden in federal court in Wilmington, Delaware.
UK’s Rishi Sunak pledges £17 billion in tax cuts by 2030, looking to bounce back from D-Day gaffe
The pledges come as Rishi Sunak and his party look set for a drubbing in the July 4 general election.
Malawi’s vice president and 9 others are confirmed dead after the wreckage of their plane is located
The group was traveling to Mzuzu to attend the funeral of a former government minister.
