Business
- Southwest Airlines cuts earnings outlook on government shutdown demand hit - The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.
- $208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth - Yieldstreet is attempting to move past a troubled track record by rebranding to Willow Wealth while customers reel from a still-unfolding collapse of its funds.
- Nvidia partner Foxconn reports 26% revenue spike as AI boom continues - The Taiwanese company has increasingly moved into the AI infrastructure space in recent times
- Global websites back online as Cloudflare issues fix for dashboard issue - Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.
- Salesforce CEO calls AI a 'commodity feature', says the technology bolsters enterprise software - Salesforce CEO Marc Benioff told CNBC's Jim Cramer how his company uses AI.
- SoFi's stock drops on $1.5 billion share sale announcement - SoFi said it's selling $1.5 billion in stock after the company's market cap almost doubled this year.
- Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter - Paramount attorneys sent a letter to Warner Bros. Discovery questioning whether its acting in the best interest of shareholders.
- Nvidia has a cash problem -- too much of it - Nvidia's recent slew of billion-dollar checks highlight the company's growing cash pile.
- RFK Jr.'s vaccine panel to vote on changing hepatitis B shot recommendation for babies - The current recommendation for babies to receive a hepatitis B shot within 24 hours of birth is credited with driving down infections in kids by 99%.
- Inside Europe’s biggest rare earths factory on Russia's doorstep - Developed by Canada's Neo Performance Materials, Europe's largest rare earths facility sits in Estonia's border city of Narva.