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latest news in companies

Oracle's Earnings to Test AI Investment Viability Amid High Debt Concerns

Redwood City, Wednesday, 10 December 2025.
Oracle’s upcoming earnings report is pivotal, with industry players watching closely. Concerns focus on whether AI demand justifies Oracle’s high debt and costly infrastructure expansion plans.

Eli Lilly to Build $6 Billion Facility in Alabama, Creating 450 Jobs

Huntsville, Tuesday, 9 December 2025.
Eli Lilly announces a $6 billion investment in a new Huntsville facility to produce pharmaceutical ingredients, projected to create 450 jobs and boost local economic growth.

AutoZone and Toll Brothers Face Earnings Challenges Amidst Positive Season

New York, Tuesday, 9 December 2025.
AutoZone’s earnings fell due to tariff impacts, decreasing its shares by 2%, while Toll Brothers faced margin issues, affecting investor confidence despite a generally positive earnings season.

StubHub Faces Class Action Lawsuit for Alleged Securities Violations

New York, Tuesday, 9 December 2025.
Investors have filed a class action lawsuit against StubHub Holdings, accusing the company of misleading statements affecting its stock performance. The deadline for lead plaintiff is January 23, 2026.

Condor Energies Secures $10 Million for Uzbekistan Drilling Expansion

Calgary, Tuesday, 9 December 2025.
Condor Energies has raised $10 million to advance its 12-well drilling project in Uzbekistan, aiming to boost its presence in Central Asia’s energy market and enhance operational capacity.

Sagimet Biosciences Boosts Workforce with Strategic Inducement Grants

San Mateo, Tuesday, 9 December 2025.
Sagimet Biosciences issued inducement grants under Nasdaq Rule 5635(c)(4) to attract skilled employees, aligning their interests with the company’s growth amid competitive market challenges.

Exxon Mobil Targets $25 Billion Earnings Growth by 2030

Irving, Tuesday, 9 December 2025.
Exxon Mobil plans $25 billion in earnings growth and increased oil production by 2030, leveraging assets in Guyana and the Permian Basin to maximize profitability in a challenging energy market.

PNC Bank Launches Direct Bitcoin Trading for Private Clients

Pittsburgh, Tuesday, 9 December 2025.
PNC Bank becomes the first major U.S. bank to offer spot bitcoin trading to private clients, leveraging Coinbase’s infrastructure, marking a significant step in traditional banking’s embrace of digital assets.

Valley Hatchery Launches 2026 Chick Season Amid Rising Poultry Demand

Valley, Tuesday, 9 December 2025.
Valley Hatchery opens its 2026 chick season to meet the growing demand for backyard poultry, driven by food security concerns and the trend towards sustainable living.

Amazon Reduces Fees for European Sellers to Boost Competitiveness

Seattle, Tuesday, 9 December 2025.
Amazon’s 2025 European fee reductions aim to enhance seller competitiveness, challenging rivals like Shein and Temu. Key changes include lower referral and fulfillment fees across various categories.