latest news in companies

Surging Fuel Costs Drive Record Profits for American Energy Giants

Surging Fuel Costs Drive Record Profits for American Energy Giants

Houston, Friday, 30 October 2026.
ExxonMobil and Chevron posted blowout third-quarter results as conflict drove crude near $118 per barrel, triggering sharp debate as high fuel prices continue to pressure domestic consumer budgets.

Amazon and Yelp Partner to Connect Online Shoppers with Local Contractors

Amazon and Yelp Partner to Connect Online Shoppers with Local Contractors

Seattle, Friday, 30 October 2026.
A new partnership integrates Yelp ads directly into Amazon checkout and tracking pages, allowing retail shoppers to instantly book verified local contractors for installation and home repairs.

Why SpaceX Lost $400 Billion in Market Value Within Weeks

Why SpaceX Lost $400 Billion in Market Value Within Weeks

Hawthorne, Friday, 30 October 2026.
A massive lockup expiration releasing nearly four billion shares triggered a $400 billion valuation collapse for SpaceX, dragging down aerospace peers and inflicting multi-billion-dollar losses on major backer Alphabet.

Caterpillar Stock Plunges as Weak Sales Outlook Overshadows Record Earnings

Caterpillar Stock Plunges as Weak Sales Outlook Overshadows Record Earnings

New York, Friday, 30 October 2026.
Despite posting record profits and a $78 billion backlog, Caterpillar shares tumbled sharply as cautious guidance and broader AI spending concerns erased over $190 billion in market value.

Why Tech Investors Are Watching TSS Ahead of Its November Financial Update

Why Tech Investors Are Watching TSS Ahead of Its November Financial Update

Round Rock, Friday, 30 October 2026.
Deploying billions annually in data center hardware, TSS sets its third-quarter call for November 5, offering investors critical insight into enterprise artificial intelligence infrastructure demand.

Critical Flaw in Online Store Software Allows Hackers to Steal Goods for Pennies

Critical Flaw in Online Store Software Allows Hackers to Steal Goods for Pennies

Boston, Friday, 30 October 2026.
Attackers are actively exploiting a major security flaw across 42,000 online stores, manipulating checkout prices down to one cent and creating severe financial risks ahead of peak holiday shopping.

Fuel Processing Powers Record Third-Quarter Profits for Energy Giants

Fuel Processing Powers Record Third-Quarter Profits for Energy Giants

Houston, Friday, 30 October 2026.
Record fuel-making profits eclipsed traditional oil pumping for the first time in six years, enabling the energy giants to beat Wall Street expectations and aggressively reduce debt.

Google Faces Backlash as AI Search Dodges Questions on Past Presidential Election

Google Faces Backlash as AI Search Dodges Questions on Past Presidential Election

Mountain View, Friday, 30 October 2026.
Google sparked neutrality concerns after its AI answered election queries abroad but directed domestic users to federal records, an evasive stance the tech giant blamed on a technical gap.

Tokyo Electron Forecasts Record Profit as Artificial Intelligence Demand Surges

Tokyo Electron Forecasts Record Profit as Artificial Intelligence Demand Surges

Tokyo, Friday, 30 October 2026.
Tokyo Electron raised its annual profit outlook to a record ¥865 billion on Friday, as aggressive global investment in artificial intelligence hardware drove second-quarter earnings well past market expectations.

How Secret Driving Records Cost General Motors 220 Million Dollars

How Secret Driving Records Cost General Motors 220 Million Dollars

Detroit, Friday, 30 October 2026.
General Motors settled a massive multistate privacy investigation after covertly selling customers’ detailed driving habits to insurance brokers, directly driving up motorist insurance rates without informed consumer consent.