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The Latest Breaking News on Business

Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slips

The enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft IT integration tool, and Marketing Cloud software, according to Business Insider.

The Economic Times

Taiwan weighs criminal ban on AI chip exports to all of China — stricter measures beyond blacklisted firms would make smuggling servers a crime

Taiwan is considering far stricter export controls that would restrict AI chip sales to every customer in China.

Tom’s Hardware

Gold drops as oil climbs on renewed US-Iran hostilities

Gold prices dropped over 1% as rising oil prices, fueled by renewed U.S.-Iran hostilities, heightened inflation and interest rate hike concerns. Traders are now pricing in a high probability of a Federal Reserve rate increase by December. Key U.S. inflation reports are anticipated this week.

The Economic Times

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Oil Price Today (June 10): Crude oil rises to $92 as Iran attacks US airbases in Jordan, Kuwait. What’s next?

Oil prices rebounded approximately 1% on Wednesday, recovering from a seven-week low. Fresh Iranian responses to U.S. military strikes, including missile firings at a Jordanian airbase, have reignited tensions and impacted peace hopes. The ongoing disruptions in the Strait of Hormuz and declining U.S. crude inventories are also contributing to…

The Economic Times

How to Manage Your Qualified Dividends in 2026

You're never going to avoid paying taxes completely, but knowing how to manage your dividend income can help reduce what you pay to Uncle Sam each year.

Kiplinger

Oracle Stock Is Careening Toward Earnings with a Heavy $100 Billion Weight on Its Back

Oracle is heading into earnings under pressure, with a $100 billion capital spending outlook and heightened investor scrutiny shaping sentiment.

Barchart

The Retirement Budget Stress Test: Can Your Finances Handle a Major Appliance Failure?

Many retirees spend years preparing for medical expenses, inflation, and market downturns, yet one of the most common financial surprises is much closer to home....

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America’s grid is reeling. General Motors offers itself as a distributed utility in disguise

As AI data centers strain the grid, GM wants to turn its EVs and batteries into a solution. Ford has a simpler plan—and the two Detroit rivals are betting on very different futures.

Fortune

Tesla cofounder: ‘We should be really worried’ about the U.S. grid as China speeds ahead in the power race

The U.S. must build much more power, storage, and better utilize the existing grid in order to keep the AI boom moving at pace, said Tesla cofounder and Redwood Materials boss JB Staubel at the Fortune Brainstorm Tech conference.

Fortune

MicroStrategy Is Buying the Bitcoin Dip. Why Investors Are Turning Course and Suddenly Rewarding MSTR Stock.

Strategy just silenced the doubters. After a brief Bitcoin sale sparked fears, the company is back buying the dip, and investors are cheering MSTR stock again.

Barchart

General Motors Is Bringing Sodium-Ion Battery Production To America

After LFP and LMR, the automaker is betting on yet another battery chemistry type.

InsideEVs

Bitcoin Sell-Off Drives Heavy Options Trading In Coinbase, Strategy As Crypto Stocks Stay Under Pressure

Crypto-linked equities remained active despite bitcoin's steep decline, with large options trades highlighting sharply different positions in two of the sector's biggest stocks.

International Business Times

Dear Nvidia Stock Fans, Mark Your Calendars for June 11

Nvidia investors are facing new concerns after CEO Jensen Huang reportedly declined a Senate invitation to testify on AI chip exports to China.

Barchart

Check Point says VPN attacks caused by Qilin ransomware group — who had a month's head start on them

A month-old VPN bug was finally fixed, but not until after Qilin had a field day with it.

TechRadar

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Fortune

Why are AI bills exploding? Sara Hooker says companies are deploying armies of agents that aren’t actually learning

After years of pursuing ever larger models, AI leaders are increasingly focused on efficiency, adaptability, and the rising cost of inference.

The Independent UK

SoFi Stadium workers avoid strike after deal reached ahead of World Cup

The tentative contract will give stadium cooks among the highest wages for the job in the country

TechRadar

Nvidia next? Broadcom's value dropped by more than $440 billion as it posts disappointing forward outlook, prompting fears of AI bubble burst

Broadcom delivers stellar earnings report and in-line guidance, but investors respond by dumping shares, highlighting concerns about an AI bubble in the making.

Barchart

The $115 Million Reason ABAT Stock Is Up Today

American Battery Technology soars as DOE reinstates a $115 million grant. But ABAT shares remain a high-risk proposition for the remainder of 2026.

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MarketBeat

Oil-Dri Corporation Of America Q3 Earnings Call Highlights

Oil-Dri Corporation Of America (NYSE:ODC) reported stronger fiscal third-quarter sales and operating income, while management cautioned that higher costs and an ongoing capital investment cycle are continuing to pressure margins. On the company’s Q3 fiscal 2026 earnings webcast, Chief Financial Off

MarketBeat

Uranium Energy Q3 Earnings Call Highlights

Uranium Energy (NYSEAMERICAN:UEC) said on its latest earnings call that it advanced several parts of its U.S. uranium production platform during the quarter, including the start of production at Burke Hollow in South Texas and continued development at Christensen Ranch in Wyoming. Founder and Chief

Barchart

Is Kroger Stock Underperforming the S&P 500?

Kroger has lagged the S&P 500 Index over the past year, and analysts remain somewhat bullish on the stock’s growth prospects.

International Business Times

Bank of America Warns That 'Too Many Red Flags' in Stock Markets Could Precede The End Of The Rally

Bank of America's head of U.S. equity and quantitative strategy, Savita Subramanian, delivered an unusually direct message to investors, saying that there are "Too many red flags. Take profits."

The Independent UK

US gasoline stocks hit a five-year low just as World Cup peak driving season starts

There is a huge demand for gasoline as the US hosts the World Cup

MarketBeat

United Natural Foods Q3 Earnings Call Highlights

United Natural Foods (NYSE:UNFI) reported stronger third-quarter fiscal 2026 profitability and cash flow despite lower sales, as management said network optimization, productivity initiatives and supply chain investments continued to reshape the business. On the company’s earnings call, CEO Sandy D

The Conversation

US defies forecasts of economic slowdown, but its growth isn’t making ordinary people better off

US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter of 2026. This is despite energy prices rising and consumer confidence falling since the US president, Donald…

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