Palantir raises revenue target on AI boost, announces share buyback
By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…
Day: August 7, 2023
Beyond Meat cuts annual revenue forecast as faux meat demand dips
By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
PayPal launches dollar-backed stablecoin, boosting shares
By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…
Tyson Foods shares tumble on slowing demand, plant closures
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods missed Wall Street expectations for third-quarter revenue and profit on Monday,…
KKR to buy Simon & Schuster for $1.62 billion from Paramount Global
(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion…
Musk’s Neuralink raises $280 million in funding led by Thiel’s Founders Fund
(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s…
Biden revs up economy pitch after week of silence on Trump
By Jarrett Renshaw WILMINGTON, Delaware (Reuters) -President Joe Biden kicks off a visit to three Western U.S. states on Monday…
Aramco boosts dividend as Q2 profit drops 38% to $30.1 billion
By Yousef Saba and Maha El Dahan DUBAI (Reuters) – Saudi state oil giant Aramco on Monday announced an additional…
Musk says fight with Zuckerberg to be live-streamed on X
NEW YORK/BENGALURU (Reuters) -Elon Musk said on Sunday his proposed fight with Meta Chief Executive Mark Zuckerberg would be live-streamed…