Walmart-backed Ibotta shares surge 33% in strong market debut
By Jaiveer Shekhawat and Sri Hari N S (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut…
Month: April 2024
Blackstone reports 1% rise in first-quarter earnings
By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc, the world’s largest private equity firm, said on Thursday that its…
TSMC expects Q2 sales to jump on ‘insatiable’ AI demand
By Yimou Lee and Faith Hung TAIPEI (Reuters) -TSMC, the world’s largest chipmaker and a major Apple and Nvidia supplier,…
Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI…
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself
By Greg Bensinger (Reuters) – Amazon.com said on Wednesday it plans to push its cashierless shopping technology into more third-party…
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as…
Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in…
J&J’s medical device sales fall short, cancer drugs seen growing
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson’s first-quarter revenue missed Wall Street estimates for medical devices on…