Business

Apple cancels decade-long electric car project, source says

• Business

Apple cancels decade-long electric car project, source says

Stock Focus Report February 28, 2024

By Stephen Nellis and Shivansh Tiwary (Reuters) -Apple has canceled work on its electric car, a source...

Read More Read more about Apple cancels decade-long electric car project, source says

EBay beats earnings estimates on strong U.S. holiday spending

• Business

EBay beats earnings estimates on strong U.S. holiday spending

Stock Focus Report February 27, 2024

(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy...

Read More Read more about EBay beats earnings estimates on strong U.S. holiday spending

Hedge funds call time on tech rally, banks say

• Business

Hedge funds call time on tech rally, banks say

Stock Focus Report February 27, 2024

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Global hedge funds sold tech stocks at their...

Read More Read more about Hedge funds call time on tech rally, banks say

Zoom beats estimates on strong product demand, announces share buyback

• Business

Zoom beats estimates on strong product demand, announces share buyback

Stock Focus Report February 26, 2024

By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand...

Read More Read more about Zoom beats estimates on strong product demand, announces share buyback

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

• Business

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

Stock Focus Report February 26, 2024

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking...

Read More Read more about Chips firms seek double $28 billion US subsidies available, Commerce Dept says

JetBlue, Spirit urge US appeals court to allow merger to go forward

• Business

JetBlue, Spirit urge US appeals court to allow merger to go forward

Stock Focus Report February 26, 2024

By Nate Raymond BOSTON (Reuters) -JetBlue Airways and Spirit Airlines on Monday urged a U.S. appeals court...

Read More Read more about JetBlue, Spirit urge US appeals court to allow merger to go forward

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

• Business

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

Stock Focus Report February 24, 2024

By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that...

Read More Read more about Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

• Business

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

Stock Focus Report February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire...

Read More Read more about Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger

• Business

Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger

Stock Focus Report February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett left no doubt: He misses Charlie Munger, and so will...

Read More Read more about Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger

Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake

• Business

Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake

Stock Focus Report February 24, 2024

By Jonathan Stempel NEW YORK (Reuters) – Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid...

Read More Read more about Berkshire paid $2.6 billion for Haslam family’s remaining 20% Pilot stake