Jun 13, 2025 | Markets
Amazon.com Inc. and Walmart Inc. are among large multinational companies which have recently discussed issuing their own stablecoins in the US, the Wall Street Journal reported, citing unidentified people. A Walmart spokesperson declined to comment. Amazon...
Jun 10, 2025 | Markets
Analysts at firms including Barclays Plc and JPMorgan Chase & Co. see further upside for US stocks, in part because they expect institutional investors to abandon their cautious stance and ramp up exposure to equities. While stocks have roared back from their...
Jun 6, 2025 | Markets
President Donald Trump signed executive orders Friday to bolster US drone capabilities, including strengthening counter-drone tools ahead of major sporting events such as the 2026 FIFA World Cup and the 2028 Summer Olympics that will be hosted in the country. “Taking...
Jun 6, 2025 | Markets
Walmart Inc. said shoppers are still spending about the same as they did a year or two ago, with a focus on food and essentials over discretionary purchases. “It’s been very consistent,” Chief Financial Officer John David Rainey told reporters in a question-and-answer...
Jun 6, 2025 | Markets
Destinus, a drone company founded by a former Russian national that supplies weapons to Ukraine, is in talks to raise funds that would value the firm at as much as €1.5 billion ($1.7 billion), according to people familiar with the matter. The company is holding talks...