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1 min read

Rolls-Royce says defense, data centers and nuclear underpin next phase of growth

Tech Rolls-Royce on Thursday hiked its full-year profit and cash flow guidance after strong earnings for the first half of the year, with the British engineering group benefiting from robust demand across its civil aerospace, defense and power systems businesses. The FTSE 100 company posted underlying operating profit of £2.5 billion ($3.3 billion) for the […]

3 mins read

EU antitrust regulators clear Paramount-WBD merger

Media European Union antitrust regulators said on Wednesday they had signed off on Paramount Skydance’s proposed acquisition of Warner Bros. Discovery. The approval, which included concessions made by Paramount, comes as the deal has been delayed in the U.S. due to concerns raised by state attorneys general. In order to garner the approval, the European […]

7 mins read

Microsoft’s AI spending guide is music to our ears, quieting the bears — for now

Tech Microsoft broke ranks and kept its capital expenditures outlook steady — and the troubled stock was handsomely rewarded Wednesday evening. The good news on capex was accompanied by better-than-expected fiscal 2026 fourth quarter results, driven by strength in its Azure cloud unit, and strong current quarterly guidance. Revenue in the three months ended in […]