After Adobe posted quarterly earnings that topped its own guidance and Street estimates, shares of the content development and marketing software company rallied in late trading Wednesday.

T-Mobile, on Wednesday, confirmed it would buy Mint Mobile, the budget wireless provider backed by the "Deadpool" actor, for as much as $1.35 billion in a cash-and-stock deal.

On Tuesday, Google introduced features that will let users create text in Gmail and Docs using the company's AI technology as the company battles for dominance in the burgeoning field with rivals like Microsoft Corp and OpenAI.

Warning that economic instability may continue for "many years," Meta CEO Mark Zuckerberg announced Tuesday the company would lay off 10,000 more workers and incur restructuring costs ranging from $3 billion to $5 billion.

As broader fears over the health of the US financial system following the collapse of Silicon Valley Bank outweighed news that the regional lender secured new financing, shares in First Republic Bank shed as much as 71% of their value in trading on Monday before trading was halted. 

Placing a significant bet on Seagan, Pfizer on Monday said it would pay $229 per share in a cash deal that values the biotech company at $43 billion and add innovative targeted therapies to its portfolio of cancer treatments.

On Sunday, US authorities launched emergency measures to restore confidence in the banking system after Silicon Valley Bank's collapse threatened to trigger a broader financial crisis.

In a plan to cut $2 billion in annual costs and preserve profits, General Motors Co. Thursday announced it will offer voluntary buyouts to most of its 58,000 US white-collar staff.

After enterprise tech giant Oracle reported financial results for its 2023 fiscal third quarter that failed to meet expectations for higher growth, the stock dropped nearly 5% in after-hours trading Thursday.

China e-commerce giant JD.com on Thursday reported a quarterly revenue increase of 7% after online consumer spending held up during an economic downturn.

Sony Group Corp. laid out more concerns to the UK's antitrust watchdog about Microsoft Corp.'s planned acquisition of Activision Blizzard, now suggesting that Microsoft could kneecap (although unintentionally) the performance and quality of "Call of Duty" on PlayStation, with fans moving over to Xbox.

Longtime Apple bull and Wedbush analyst, Dan Ives, increased his price target on Apple stock from $180 to $190 and maintained his Outperform rating, noting Beijing rolling back the country's strict zero-Covid-19 lockdown policy earlier that month.

Salesforce, the global leader in CRM, has been toying with artificial intelligence software for years. Now, the software giant is jumping on the AI bandwagon as it joins chatbot pioneer Open AI to provide "generative" AI tools across its software business.

Snap Inc. shares rose sharply on Monday as lawmaker initiatives to ban TikTok appeared to be gaining momentum in the US.

Months after Amazon.com Inc. announced job cuts spanning more than 18,000 roles amid a sobering economic outlook, the e-commerce giant, on Friday, said it would push back the start of construction for the next phase of its Virginia headquarters.