Software giant SAP’s shares surge 9.3% after first-quarter profit beat
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US Top News and Analysis (RSS)
CNBC
Software giant SAP’s shares surge 10% after first-quarter profit beat
SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion).
BP shares jump 5% as activist investor Elliott discloses stake build
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US Top News and Analysis (RSS)
CNBC
BP shares jump as activist investor Elliott discloses stake build
BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
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US Top News and Analysis (RSS)
CNBC
EU hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions
The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.
Eli Lilly sues four telehealth sites selling compounded Zepbound, Mounjaro
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US Top News and Analysis (RSS)
CNBC
Eli Lilly sues four telehealth sites selling compounded Zepbound, Mounjaro
Eli Lilly & Co. is suing four telehealth companies selling compounded versions of Lilly's weight-loss drug Zepbound and its diabetes drug Mounjaro.