Honda Posts First Ever Annual Loss After Pullback From E.V.s
The Japanese automaker posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
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The Japanese automaker posted its first loss since 1957 as it took a multibillion-dollar hit from scaling back its electric-vehicle plans.
Full-year revenue came in largely in line with expectations at £2.4 billion.
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.”
Cisco stock jumped on strong earnings and job cuts, while chip maker Cerebras Systems made its market debut with a $5.55 billion IPO
The start-up, which recently released a powerful A.I. model called Mythos and is separately battling with the Pentagon, was previously valued at $380 billion.
The start-up, which makes A.I.-backed weapons, was valued at $61 billion in the financing round, double what it was a year ago.
Recursive Superintelligence, founded by former Google, Meta and OpenAI researchers, is part of a growing effort to automate the creation of artificial intellige

Political uncertainty in Peru is shaking investor confidence and risking billions in mining as the presidential runoff deepens divides.

Ethereum developers proposed a solution that would end "blind signing," a technical feature that has led to potentially billions in losses.

MARA liquidated Bitcoin holdings to fund debt buybacks and acquire a power plant as it joins the industry shift to AI infrastructure.
New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, acc
The move comes after billions in losses from phishing attacks and wallet drains, with Ethereum pushing to make transaction approvals safer and easier to underst
Your day-ahead look for May 13, 2026
Five luxury artworks hold the key to the spring season, one of the most anticipated sales in years. Major buyers are looking past female and younger artists and
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
The tech leaders, with combined net worths exceeding $670 billion, have brought props to court and traded icy stares as their legal dispute reaches a denouement
As tech giants dominate the hardware needed to build artificial intelligence, Amp hopes to create an alternative.

No thank you, we’re good. | Photo by Brandon Bell/Getty Images eBay has officially rejected GameStop's offer to buy the online marketplace for $56 billion, citi
As microdrama apps like ReelShort and DramaBox quietly rake in billions, Peacock announced on Monday that it is launching two unscripted Bravo microdramas, whic

The project could generate more than $1 billion in undiscounted free cash flows (before tax), a new feasibility study shows.