(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to…
Carvana shares surge on robust 2024 core profit forecast
(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the…
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates,…
Vertex Pharma raises annual revenue forecast on strong demand for its cystic fibrosis treatments
(Reuters) – Vertex Pharmaceuticals raised its annual revenue forecast on Thursday, betting on robust demand…
CBIZ to acquire accounting firm Marcum in $2.3 billion deal
(Reuters) -Financial services and insurance provider CBIZ said on Wednesday it would buy Marcum, one…
Ackman’s Pershing Square USA withdraws US IPO
(Reuters) – Pershing Square USA said on Wednesday it was withdrawing its initial public offering,…
Tesla was in Full Self-Driving mode when it hit and killed Seattle motorcylist, police say
By Hyunjoo Jin SAN FRANCISCO (Reuters) – A Tesla Model S car was in “Full…
Walt Disney to cut jobs in television unit, Bloomberg News reports
(Reuters) – Walt Disney plans to eliminate some jobs in its TV unit to cut…
Wells Fargo appoints new head of technology
By Nupur Anand NEW YORK (Reuters) – Well Fargo has hired former BNY executive Bridget…
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion…