Consumers have expressed growing concerns about the shutdown’s potential impact on the economy in recent weeks.
Citi predicts modest global-equity gains through mid-2026, despite the concentration of stock-market performance.
Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last week ...
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a mixed set of results from Louis Vuitton’s owner, LVMH. After Burberry and ...
Meta’s blitz to lure star AI scientists with multimillion-dollar paydays has backfired, sparking resentment among longtime staff and a wave of high-profile defections — even from some of the recruits ...
Meta Platforms is planning significant investment in capital expenditures this year. The last time Meta increased its capital expenditures, investors weren't pleased. While AI represents a compelling ...
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