Germany's Allianz has posted a worse-than-expected 8.7% fall in second-quarter net profit as it booked restructuring expenses on IT assets as it readies itself for increased usage of artificial intelligence.
Elon Musk announced Terafab, a Texas chip factory that Tesla and SpaceX will build together. The plant will manufacture semiconductors for artificial intelligence and robotics. Musk said Terafab Texas would become the most valuable building on Earth by far. T…
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Ixigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under pressure after brokerages turned cautious, citing continued investments in hotels, AI and other growth initiatives that c…
Unity CEO Matt Bromberg described the company's latest financial results as the "best quarter in its history as a public company." Read more
