Tag: Updated
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Paramount posts surprise profit as streaming gains offset weak ad market
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By Samrhitha A (Reuters) -Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday but…
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Applied Materials receives new subpoenas on China shipments
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(Reuters) -A federal investigation into semiconductor equipment supplier Applied Materials involving China shipments has widened to other U.S.…
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Apple cancels decade-long electric car project, source says
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By Stephen Nellis and Shivansh Tiwary (Reuters) -Apple has canceled work on its electric car, a source familiar…
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US launches antitrust investigation into UnitedHealth, WSJ reports
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(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal…
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EBay beats earnings estimates on strong U.S. holiday spending
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(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer…
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Hedge funds call time on tech rally, banks say
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By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Global hedge funds sold tech stocks at their highest…
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Zoom beats estimates on strong product demand, announces share buyback
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By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for…
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Chips firms seek double $28 billion US subsidies available, Commerce Dept says
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By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government…
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JetBlue, Spirit urge US appeals court to allow merger to go forward
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By Nate Raymond BOSTON (Reuters) -JetBlue Airways and Spirit Airlines on Monday urged a U.S. appeals court to…
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Zelenskiy says 31,000 Ukrainian soldiers killed since Russia invaded
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KYIV (Reuters) -President Volodymyr Zelenskiy said on Sunday that 31,000 Ukrainian soldiers had been killed since Russia’s full-scale…
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