First Republic Bank to Weigh Up to $100 Billion in Asset Sales. The move comes as the bank faces mounting pressure from regulators and investors.
Microsoft Reports Earnings Beat, Says A.I. Will Drive Revenue Growth. The company's cloud computing business continues to be a major driver of growth.
Alphabet Authorized $70 Billion Buyback. The move is a sign of the company's confidence in its future prospects.
SK Hynix Reports Record Quarterly Loss. The company is being hurt by a decline in memory chip prices.
Britain Blocks Microsoft's $69 Billion Acquisition of Activision Blizzard. The government is concerned about the deal's impact on competition.