New home sales in the U.S pulled back sharply in the month of July, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales plummeted by 10.5 percent to an annual rate of 607,000 in July after spiking by 7.6 percent to an upwardly revised rate of 678,000 in June.
Visa Inc.(V), an American multinational payment card services corporation announced on Tuesday that it has launched a new card-present acceptance offering with Bluefin. This offer combines Visa Acceptance Solutions with Bluefin's PCI-validated point-to-point encryption infrastructure. The collaboration...
The Australian Recording Industry Association, or ARIA, has announced that music recordings developed using generative artificial intelligence have been banned from Australia's music charts.On Tuesday, ARIA confirmed how the global principles on recordings developed using AI set out by IFPI will apply to the ARIA Charts. Wholly AI-generated tracks will not be eligible for the ARIA Charts. Howev
Apple Inc. (AAPL) on Tuesday unveiled its new Mac Studio desktop, powered by the M5 Max and new M5 Ultra chips, targeting demanding professional and artificial intelligence (AI) workloads. The new Mac Studio delivers up to 4.3 times faster AI performance, 1.8 times faster graphics, 1.3 times faster...
Cisco Systems, Inc. (CSCO), an American multinational technology conglomerate, announced on Tuesday that it is expanding its Secure AI Factory architecture with NVIDIA Corp. (NVDA), adding rack-scale computing solutions through a partnership with Supermicro to meet surging neocloud and sovereign cloud...
Tuesday, Apple Inc. (AAPL) announced the launch of the new Mac mini, powered by the all-new M6 and powerful M5 Pro chips, bringing a major improvement in performance while maintaining its compact desktop design. The M6 model delivers up to 4x faster AI performance, 2x faster storage and graphics,...
Tuesday, Richtech Robotics Inc. (RR), a Nevada-based AI service robotics company, announced that its Board has approved a $12 million stock repurchase program for its Class B common stock. The stock repurchase program does not obligate the company to repurchase any specific number of shares, and...
Google Cloud announced Tuesday the launch of Gemini Enterprise for Financial Services, a purpose-built agentic AI solution designed for financial professionals. The platform is initially available in preview for the capital markets and corporate banking industries. The solution includes a Google-managed...
Tuesday, GlobalTech Corporation (GLTK.PK) announced its plan to implement a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-3, effective August 27, 2026. Under this, every 3 shares of the company's common stock issued and outstanding as of the effective date will...
Stocks are likely to move to the upside in early trading on Tuesday, regaining ground after ending the previous session mostly lower. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. Early buying interest may be generated...
The Marzetti Company (MZTI), a maker of specialty food products, on Tuesday reported a rise in net income for the fourth quarter, helped by the gain on the Milpitas property sale. However, the company registered a drop in net sales. For the three-month period to June 30, the company posted net income...
Tuesday, McKesson Corp. (MCK) announced an agreement to acquire Precision Medicine Group, LLC, a global provider of clinical research and biopharma commercialization services, for approximately $2.25 billion. McKesson, a healthcare company that provides pharmaceutical distribution and healthcare information...
Halliburton (HAL) announced it received an integrated contract by bp for the first appraisal campaign in the Bumerangue field, offshore deepwater Brazil. The award includes a suite of services to fast-track the appraisal campaign for bp's discovery. The contract includes an integrated package of drilling...
Sun Communities, Inc. (SUI), a real estate investment trust, on Tuesday announced the appointment of Robert Garechana as Executive Vice President and Chief Financial Officer, effective September 8, 2026. He succeeds Fernando Castro-Caratini, who will transition to an advisory role with the company. ...
Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion. The offering is expected to close around September 1. The company intends to use the net proceeds to fully...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.