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Marvell shares tumble 6% as outlook underwhelms despite 37% revenue growth
Marvell Technology shares declined 6% on Friday after posting a 37% revenue increase in the second quarter, as its fiscal 2028 outlook disappointed investors despite a 50% revenue growth projection.
Healthcare’s Best Week Since June Traces Back to a Single Moderna and Merck Cancer Trial
Moderna and Merck’s tailored mRNA cancer vaccine showed success in late-stage trials, driving the health-care sector to its strongest week since late June with broad market enthusiasm.
Matt Lucas and Hugh Bonneville call for law on AI voice clones
More than 80 UK performers, including Matt Lucas and Hugh Bonneville, have called on the government to introduce legislation granting citizens legal ownership of their voices to protect against unauthorized AI voice cloning.
Reading and Leeds Festival unveils major stage overhaul
Reading and Leeds Festival is implementing major staging changes this weekend, including new campsite areas and renamed stages, while featuring exclusively British and Irish headliners for the first time in 25 years.
Trending COVID 19 News
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap appointed Michael Francis as the new Old Navy CEO effective November 2, aiming to revive the struggling brand. The announcement boosted Gap shares 12% in extended trading.
Fed’s Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Federal Reserve Chair Kevin Warsh signaled at Jackson Hole that inflation remains above target, prompting markets to increase bets on potential interest rate increases in the coming months.
The London office, the empty boxes and the £1bn tax loophole
A court of appeal ruling has ended a widespread tax avoidance scheme involving placing boxes in empty London offices to avoid business rates, a practice estimated to have cost councils over £1 billion.
BT on track for estimated £2bn windfall from selling old copper amid AI boom
BT is on track to receive over £2 billion from selling surplus copper cabling over the next decade as it upgrades the UK network to full-fibre broadband, capitalizing on surging copper prices driven by AI and renewable energy demand.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing agreements with nine pharmaceutical companies, bringing his administration’s total to 26 companies representing an estimated 90% of the U.S. pharmaceutical market.
Airlink stunt: South African airline defends low-altitude flight over packed stadium
South African airline Airlink defended a low-altitude aerial display over a Cape Town stadium during a rugby match, saying it was carefully planned with aviation authority approval.
Iran’s economy in crisis as US launches new sanctions campaign
Iran faces severe economic crisis with runaway inflation, currency collapse, and fuel shortages as the US launches new sanctions. Food prices have surged dramatically, straining households and prompting government concerns about social unrest.
John Galliano exhibition at New York’s Met cancelled after backlash
John Galliano has cancelled a major Metropolitan Museum of Art exhibition celebrating his design career following backlash over his past antisemitic remarks conviction.
Israeli air strikes on Gaza kill at least five people: Report
Israeli air strikes across Gaza killed at least five people on Monday, with the military claiming the attacks targeted Hamas fighters, according to health officials and reports.
India rejects Hague court order to restore Indus waters pact with Pakistan
India rejects a Hague tribunal ruling ordering it to uphold the 1960 Indus Waters Treaty with Pakistan, asserting the court lacks jurisdiction over its sovereign decisions.
Ex-congressman George Santos banned from betting platform Kalshi for life
Prediction-market platform Kalshi has permanently banned former congressman George Santos for allegedly using insider information to place bets on his own attendance at a presidential address.
Palestinian farmers rebuild what Israeli settlers destroy in West Bank
Palestinian farmers in the West Bank’s Burin village operate a cooperative that faces frequent destruction from settler attacks and military operations, prompting them to develop strategies for maintaining their agricultural presence on the land.