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In the fall quarter, Luckin Coffee raked in $2.1 billion in revenue, up 50% from the same period a year before.
Some user-generated Sora videos will also make their way onto Disney+, and ChatGPT will become available to Disney employees.
Social media companies stand to lose billions in ad revenue if teens around the world are kicked off the platforms.
Morgan Stanley cut its rating of Tesla for the first time in two years on Monday to “equal weight,” which is equivalent to a hold.
Connecticut claims Kalshi, Robinhood and Crypto.com don’t have the proper licenses to handle sports wagers in the state.
In addition to its new team-up with KKR, the LA-based Capital Group is beginning to expand its ETF offerings.
Slumping Bitcoin has held above the key $80,000 threshold that would put many investors underwater, but the test of its resilience isn’t over.
The success of indie titles may help video game makers rely less on blockbusters and widen creative license, creating a 1UP for players.
Kohl’s is the largest US department store chain by number of retail locations, with more than double the number operated by Macy’s.
More than 80 million Americans are expected to travel 50 miles or more this Thanksgiving, AAA estimated, a new record up 2% from last year.
The luxury market has been in a prolonged downturn through 2025 so far, as shoppers tighten their purse strings.
Bitcoin has entered “death cross” territory, meaning its 50-day moving average has fallen below its 200-day moving average.
Bitcoin has so far fallen 20% from its 2025 peak this cycle; in previous bear markets, it fell as much as 30% to 40%.
Target on Wednesday said its meal kit for four will cost less than $20 this year before tax, or about $5 a person.
As startups choose to stay private even as their valuations reach eye-popping levels, investors want a peek behind the private-market curtain.
While digital assets are feeling the chill heading into fall, it’s too early to say it’s the start of a full-blown crypto winter.
The FAA said the flight cuts are pre-emptive to prevent safety issues as potentially more air traffic controllers call out.
McDonald’s and other restaurants started rolling out value meals last year to keep orders coming despite economic pressures
The $38 billion deal with Amazon is somehow small potatoes compared to some of OpenAI’s other gigantic agreements.
Execs said that inflation-addled consumers are under the impression that Chipotle costs more than it does.
