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‘Race for AI’ boosts Applied Materials’ bottom line, but not its stock

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Applied Materials Inc. late Thursday reported better-than-expected results, saying that it benefited from the “race for AI.”

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Boeing’s labor strike is forcing this company to send hundreds of employees home

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Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing’s machinists.

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Schlumberger’s stock slumps as falling oil prices turn customers cautious

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Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.

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New-home construction dips in September, as builders await rate cuts

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Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

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