The credit scoring company reported that the average national FICO score has slipped slightly, raising concerns about household resilience amid shifting economic conditions.The overall score has declined by around two points. While modest, the drop reflects broader shifts in consumer creditworthiness. In 2021, nearly 38.1% of the population held scores in the 600–749 range. By 2025, that proportion had fallen to 33.8%, indicating a narrowing of the middle ground between strong and weak borrowers.The most p ...

MELBOURNE (Reuters) - BHP will suspend operations and cut 750 jobs at a Queensland coking coal mine it shares with a unit of Mitsubishi, blaming low prices and high state government royalties that have dented its returns, it said on Wednesday. BHP Mitsubishi Alliance's (BMA) Saraji South, part of the Saraji Mine Complex, will be placed into care and maintenance from November 2025, it said in a statement. The Saraji complex produced 8.2 million metric tons of coking coal in the year to June 2025. BHP, on ...

Oracle is an AI-first cloud, making it structurally different than the "big three" cloud providers.On Sept. 10, Oracle (ORCL 1.50%) stock popped 36% in response to a massive increase in customer orders for Oracle's cloud services.Oracle forecasts that revenue from its Oracle Cloud Infrastructure (OCI) segment could grow from around $10 billion in its last fiscal year (fiscal 2025), to $18 billion in its current fiscal year (fiscal 2026), $32 billion in fiscal 2027, $73 billion in fiscal 2028, $114 billion i ...

HCLTech, The expected surge in deal activity aligns with IT firms navigating high costs and Extrapolating the six-month period, the deal market this calendar year is likely to surpass the around $14 billion worth of deals renewed in 2024, as per industry estimates.For India’s overall $283 billion software services exporting industry, typically large deals are priced at $100 million and above in contract value. There are more than 600 engagements coming up for renewals in the second half of 2025 with average ...

I got a call yesterday about Bloom Energy, a company that makes novel hydrogen fuel cell systems for on-site power generation that can be used in the data center. You hire them and they're set to turn around the order in 90 days. Poof, voila, your data center is up and ready.Now, I've always admired Bloom's technology, but frankly, I never thought much of its stock because the company's been a chronic money loser. For years, the stock did nothing, and eventually I stopped paying attention to it. That was wr ...

(Reuters) - Activist investor Elliott Management said on Tuesday it has built a stake of more than $2 billion in human resources software provider Workday (WDAY), while voicing support for the company's leadership. WorkDay stock rose 9% before the bell on Wednesday. Elliott praised Workday's chief executive officer and chief financial officer, citing strong progress in recent years and describing its management team as proven and effective. The investor added it was pleased with its dialogue with the co ...

SINGAPORE (Reuters) -Carro, Southeast Asia's largest used-car online marketplace, has raised $60 million in a funding round led by Japan sovereign wealth fund Cool Japan Fund, the company said on Wednesday. The investment will go towards promoting Japanese cars across the Asia-Pacific region, Carro said in a statement, adding it was confident that it could increase the market share of Japanese plug-in hybrid electric vehicles in the region. Besides Singapore, Carro has a presence in markets including Mal ...

Japan's exports fell for a fourth straight month in August, government data showed on Wednesday, as elevated U.S. tariffs took a deeper toll on the country's automotive and other manufacturing sectors... ...

Core Insights - The interview with Tim Cook, CEO of Apple, highlights the company's commitment to increasing manufacturing in the United States, with a significant investment of $600 billion aimed at enhancing local production capabilities [5][8][22] - Cook emphasizes the integration of AI in Apple's products, asserting that AI is a fundamental part of the iPhone experience and will continue to evolve with future updates [12][14][16][17] Group 1: Manufacturing and Investment - Apple has announced a $600 billion commitment to enhance manufacturing in the U.S., which includes projects like glass production and a partnership with MP Materials for rare earth magnets [5][7][8] - The company is focused on building a competitive end-to-end silicon supply chain within the U.S. and has already established a significant semiconductor presence, with 19 billion chips produced domestically [19][20] - Cook expresses pride in Apple's American identity and the positive impact of its manufacturing initiatives on local communities and workers [8][22] Group 2: AI Integration and Future Developments - Tim Cook asserts that AI is deeply integrated into the iPhone, enhancing user experience through features like smart replies and visual intelligence [12][13][17] - Apple is working on a personalized version of Siri, expected to be available next year, which will further integrate AI capabilities into the operating system [14][15] - Cook views AI as a transformative technology and believes it will create new opportunities for the workforce, encouraging young people to pursue their passions [16][27]

Group 1 - WaterBridge Infrastructure raised $634 million in an initial public offering in the United States [1] - This event indicates renewed momentum in the listings market [1]