Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming. Here’s how Tencent performed in the third quarter of 2025, per earnings released on Thursday:  Revenue: 192.9 billion Chinese yuan ($27.12 billion), surpassing the 189.2 billion Chinese yuan expected analysts, according to data compiled by … Read more

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance. … Read more

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Boston Federal Reserve President Susan Collins on Wednesday … Read more

Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21

Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21

Lisa Cook, governor of the US Federal Reserve, at The Brookings Institute in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty Images The Supreme Court said Wednesday that it will hear oral arguments in the case challenging President Donald Trump’s authority to fire Federal Reserve Gov. Lisa Cook on … Read more

Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight

Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight

The FAA Air Traffic Control tower at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, Nov. 7, 2025. Michael Nagle | Bloomberg | Getty Images Flight cancellations eased across the U.S. on Wednesday ahead of a House vote on a funding bill that could end the longest federal government shutdown … Read more

Eli Lilly stock tops $1,000 for the first time. Cramer says the next milestone is within reach

Eli Lilly stock tops ,000 for the first time. Cramer says the next milestone is within reach

CNBC’s Jim Cramer said Wednesday that Eli Lilly will soon be the first pharmaceutical company to reach a $1 trillion stock market value. Shortly after the open, shares topped $1,000 each for the first time. At session highs, the stock exceeded a $950 billion market cap. Shares would have to hit nearly $1,058 to reach … Read more

Luckin Coffee eyes U.S. relisting as five-year turnaround from fraud scandal takes hold

Luckin Coffee eyes U.S. relisting as five-year turnaround from fraud scandal takes hold

Luckin Coffee is preparing to relist its shares in the U.S., its co-founder and CEO, Jinyi Guo, said at an entrepreneurs’ gathering earlier this month, five years after a $300 million accounting scandal derailed the coffee chain’s business. Speaking at a government-hosted event in the southeastern city of Xiamen, where Luckin Coffee is headquartered, Guo … Read more

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets traded mixed Tuesday after Wall Street gains on revived artificial … Read more

Flight disruptions from shutdown worsen as Trump threatens air traffic controllers

Flight disruptions from shutdown worsen as Trump threatens air traffic controllers

Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., November 9, 2025. Annabelle Gordon | Reuters Flight cancellations were again piling up on Monday as air traffic controller shortages, worsened by the longest-ever U.S. government shutdown, … Read more

Air traffic staffing shortages disrupt thousands of flights while FAA-mandated cancellations to worsen next week if shutdown continues

Air traffic staffing shortages disrupt thousands of flights while FAA-mandated cancellations to worsen next week if shutdown continues

A Republic Airways plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025. Samuel Corum | Bloomberg | Getty Images Nearly 7,000 U.S. flights were delayed and more than 2,000 were canceled on Saturday amid across-the-country air traffic controller staffing … Read more