Southwest Airlines (LUV) Q3 2026 Results
Southwest Airlines This month became the third major U.S. airline to cut its 2026 profit forecast due to rising fuel prices, but CEO Bob Jordan said travelers continued to book despite higher fares. The carrier expects to earn between $2.60 and $2.85 per…
Tesla starts production of Optimus robots in California as profits fall 43%
Tesla has begun production of its Optimus humanoid robot at its Fremont, Calif., factory in a manufacturing space formerly dedicated to making electric vehicles, the company announced Wednesday. “The robots from this line are the first production-quality…
Meta ordered to pay $25 billion to New Mexico after Cambridge Analytica lawsuit
A judge on Wednesday ordered Meta to pay $25 billion to New Mexico after a jury hearing. found the company responsible for misleading users on privacy on Facebook, marking the largest fine ever imposed on the tech giant. Facebook’s deception was…
GM aims to reduce vehicle development time with AI and software
NEW YORK – General engines plans to rely on artificial intelligence and automotive software for its future growth and development amid increasing foreign competition from Chinese automakers and a tougher U.S. market. The Detroit automaker on…
European financial regulators question Google over cloud outage that hit banks
By Phoebe Seers and Elizabeth Howcroft LONDON/PARIS, Oct 21 (Reuters) – European financial regulators are questioning Google after a cloud computing outage on Tuesday left millions of bank customers without access to key financial services for…
Meta ordered to pay $25 billion to New Mexico for misleading consumers about data privacy
Meta was ordered by a New Mexico judge to pay $25 billion to the state after a jury found the social media company deceived consumers for years on its data privacy policies. Judge Francis Mathew awarded the amount, which New Mexico Attorney General Raúl…
The Internet is having a very bad day when it comes to cybersecurity
The internet is having a bad day from a cybersecurity perspective. Government websites around the world have been taken offline, Reuters reported, after AI discovered critical security vulnerabilities affecting the PHP programming language. The problems…
DOE taps Northeast fuel oil reserves to drive down New England prices
FOX Business contributor Phil Flynn warns Taylor Riggs that a rebound in Chinese economic growth could trigger a surge in U.S. oil prices. It highlights how U.S. energy producers are currently maintaining stability in global markets. The Department of…
Tesla (TSLA) Third Quarter 2026 Earnings Report
Tech billionaire and Tesla founder Elon Musk during a meeting. Johannes Neudecker | Alliance in pictures | Getty Images On SpaceX earnings call Tuesday evening, CEO Elon Musk, who also runs Teslatook a break from his financial results speech to tell…
Buffett’s Berkshire Just Beat Chip Stocks, Issued a Rare Dot-Com Era Signal
For three weeks, Wall Street sold the market’s hottest trades and bought one of the oldest. Chip stocks lost 15% while Warren Buffett’s Berkshire Hathaway gained 7%. That swing brought Berkshire Class B shares (BRK-B) to a record close…