Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
General Electric will sell its lighting business to Savant Systems, a Massachusetts tech firm specializing in smart homes.
The two companies have signed an agreement but are yet to complete the transaction, which is expected to close later this year.
They have not yet disclosed the financial terms of the deal.
Under the proposed deal, GE Lighting's headquarters will remain in Cleveland, and Savant would absorb its 700-plus employees upon completion of the sale.
Savant would get to use GE brand under a long-term licensing agreement.
Savant smart-home portfolio spans security, climate, whole-house entertainment, and energy management.
According to GE CEO H. Lawrence Culp Jr., the sale would allow the company to narrow its attention to the downsized and streamlined conglomerate's core products.
