Hedge Fund Third Point Targets CoStar Board and Operations
Billionaire Daniel Loeb’s Third Point hedge fund plans to shake up CoStar Group by replacing board members and refocusing the company on its core business.
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Pinterest Cuts Jobs to Focus on AI Growth
Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
Meta Teams Up with Corning for $6B Fiber-Optic Deal to Boost AI Data Centers
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RTX Q4 Revenue and Profit Rise on Strong Engine Sales
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American Airlines Forecasts Strong 2026 Despite Winter Storm Setback
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GM Expects Profit Growth Up to $2B in 2026, Boosts Shareholder Returns
General Motors (GM) projects $13-15B in adjusted earnings for 2026, announces $6B share buyback program and 20% dividend increase, driven by strong truck and SUV sales despite EV pullback.