Shares of Luminar Technologies Inc ( LAZR ) plunged 16.3% to $3.985 on Thursday afternoon after the company reported first-quarter results and announced a major leadership transition. What To Know: While Luminar ( LAZR ) beat Wall Street expectations, posting a loss of $1.50 per share versus an expected $1.78, and revenue of $18.89 million versus a $15.98 million estimate,...

03:27 PM EDT, 05/15/2025 (MT Newswires) -- Azul ( AZUL ) and its creditors are considering options, including a Chapter 11 bankruptcy filing, as the Brazilian airlines struggles financially, Bloomberg News reported Wednesday, citing people familiar with the matter. The talks are underway, and no final decision has been made, the report said. Azul ( AZUL ) is trying to...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -Meta Platforms ( META ) is delaying the launch of its flagship Behemoth AI model due to concerns about its capabilities, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Meta did not immediately respond to a Reuters request for comment. ...