By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued…
Tag: Updated
Dell forecasts upbeat fiscal 2025 on AI server demand
By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates…
EV startup Fisker raises going concern doubts, shares plunge
By Zaheer Kachwala and Abhirup Roy (Reuters) -EV startup Fisker warned on Thursday it might…
S&P, Nasdaq end at records as inflation data supports rate cut view
By Chuck Mikolajczak and Noel Randewich NEW YORK (Reuters) -The S&P 500 and Nasdaq closed…
Fed policymakers look past ‘bumpy’ inflation toward rate cuts
By Ann Saphir and Lindsay Dunsmuir (Reuters) -U.S. central bankers are looking through recent data…
Snowflake forecasts weak first-quarter product revenue, shares slump
(Reuters) -Snowflake forecast first-quarter product revenue below Wall Street estimates on Wednesday on expectations that…
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a…
Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion)…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the…
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply…