A statement signed by employees from OpenAI, Google, Meta, and Anthropic calls for a US-backed international effort to develop governance tools, citing concerns that AI advancement is outpacing safety mechanisms.
The medical device maker is launching a multi-year cost-saving initiative after its stock price was cut by more than half, with investors now focused on an upcoming earnings report for signs of a turnaround.
A convergence of factors, including the regulatory approval of Apple Intelligence in China and a new device leasing program, is fueling analyst expectations for a multi-year iPhone upgrade cycle ahead of the company's earnings report.
Shares of the semiconductor test equipment maker soared after the company reported second-quarter results and third-quarter guidance that significantly surpassed analyst expectations, citing strong AI-related demand.
Shares of the data security firm fell sharply in after-hours trading despite a second-quarter revenue beat, as investors reacted to a weak third-quarter earnings forecast that highlighted ongoing margin pressures from its business model transition.
Shares of O-I Glass plunged after the company reported second-quarter earnings far below expectations, announced a massive $873 million goodwill impairment, and slashed its financial guidance for 2026 and 2027.
Avis Budget Group shares fell sharply in after-hours trading after the rental car company reported second-quarter earnings and revenue that significantly missed Wall Street expectations.
Amazon Web Services is entering its Q2 earnings with a $244 billion backlog, up 40% year-over-year, as analysts forecast accelerating revenue growth driven by intense AI demand. The cloud giant's massive $200 billion capital expenditure plan remains a key focus for investors.
Russia's benchmark stock index, the MOEX, ended Tuesday's session lower, weighed down by significant losses in the oil & gas, power, and mining industries. The decline came amid mixed signals from global commodity markets.
