Devon Energy reports lower profit, sees production hit from winter storm
(Reuters) -U.S. shale producer Devon Energy reported a fall in fourth-quarter profit on Tuesday, hurt by lower oil and gas…
Month: February 2024
Zoom beats estimates on strong product demand, announces share buyback
By Zaheer Kachwala (Reuters) -Zoom Video Communications on Monday posted better-than-expected quarterly results helped by strong demand for its expanding…
Exclusive-Google steps up Microsoft criticism, warns of rival’s monopoly in cloud
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google Cloud on Monday ramped up its criticism of Microsoft’s cloud computing…
Nvidia bets dominate US options market as AI fervor grows
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors’ fervor for all things AI-related is leaving its mark on the…
Microsoft partners with OpenAI’s French rival Mistral
By Yuvraj Malik and Krystal Hu (Reuters) -Microsoft will make French startup Mistral AI’s artificial intelligence models available through its…
Republican seeks to bar party from paying Trump’s legal bills
By Helen Coster and Alexandra Ulmer NEW YORK (Reuters) – A Republican National Committee member has submitted resolutions that would…
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut…
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve…
US should block cheap Chinese auto imports from Mexico, US makers say
By David Shepardson WASHINGTON (Reuters) -The U.S. government should block the import of low-cost Chinese autos and parts from Mexico,…
Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…