Core Insights - SoftBank is reportedly in discussions to invest up to an additional $30 billion in OpenAI, indicating a significant interest in the AI sector and potential growth opportunities for both companies [1] Company Summary - The investment discussions involve a substantial amount of $30 billion, which highlights SoftBank's commitment to expanding its portfolio in the technology and AI industry [1]

Oracle said on Tuesday that issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center. ...

Delta Air Lines said on Tuesday it would purchase 31 Airbus widebody jets as part of a long-term plan to modernize its international fleet and support future growth as it focuses on demand from corpor... ...

Citigroup on Tuesday forcefully rejected accusations by a former managing director who sued the bank over alleged sexual harassment by wealth management chief Andy Sieg, saying she expressed "steadfas... ...

Chevron said on Tuesday it has appointed former American Airlines Chairman and CEO Thomas W. Horton to the energy major's board as an independent director. ...

Seagate Technology forecast third-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from strong demand for its data storage devices as enterprises scale up their use of ... ...

Core Insights - The U.S. Centers for Medicare & Medicaid Services has announced a new group of branded drugs from major pharmaceutical companies for the third cycle of the Medicare Drug Price Negotiation program [1] Company Insights - Major pharmaceutical companies involved include Eli Lilly, Pfizer, and AbbVie, indicating their significant role in the Medicare Drug Price Negotiation program [1]

Core Insights - Brazilian planemaker Embraer's firm order backlog reached a record $31.6 billion at the end of the fourth quarter, marking a 20% increase from the previous year [1] Company Summary - Embraer's firm order backlog is at an all-time high of $31.6 billion [1] - The backlog has increased by 20% compared to the same period last year [1]

Core Insights - Logitech International reported its best quarterly earnings since the pandemic, driven by increased sales of video conferencing equipment and educational products [1] Financial Performance - The company experienced a significant boost in revenue, attributed to the growing demand for its products in the remote work and education sectors [1] - The quarterly earnings reflect a recovery trend in the computer peripherals market as businesses and educational institutions continue to adapt to hybrid models [1] Market Trends - There is a notable increase in the adoption of video conferencing tools, which has positively impacted Logitech's sales figures [1] - The ongoing shift towards remote work and online education is expected to sustain demand for Logitech's product offerings in the near future [1]

The U.S. Senate Judiciary Committee said on Tuesday that its antitrust subcommittee will hold a hearing next week on a proposed tie-up between Netflix and Warner Brothers. ...