How Trump’s Pentagon pick Hegseth fell out of love with the U.S. military
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – National Guard Master Sergeant DeRicko Gaither sent up a warning on…
Year: 2024
TikTok launches AI-powered video platform to advertisers globally
(Reuters) – ByteDance-owned TikTok on Thursday announced the global availability of its generative AI video creation platform, Symphony Creative Studios,…
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly…
ASML CEO says AI boom benefits the company
AMSTERDAM (Reuters) – ASML CEO Christophe Fouquet said on Thursday the ongoing boom in AI computer chips would help ASML…
Hilton increases stock buyback program by $3.5 billion
(Reuters) – Hilton Worldwide said on Thursday it had authorized the repurchase of an additional $3.5 billion worth of common…
Cava surges after annual sales forecast raise on steak, pita chips demand
By Savyata Mishra (Reuters) -Restaurant chain Cava touched a fresh record high as its shares rose more than 16% at…
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
By Jody Godoy WASHINGTON (Reuters) -Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking…
Small-cap stocks face delicate balance between Trump boost and inflation risks
By Lisa Pauline Mattackal (Reuters) – U.S. small-cap stocks have surged to near record highs following Donald Trump’s presidential election…
Amazon launches low-cost ecommerce service in US to challenge Temu
(Reuters) – Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them…
Hertz posts weaker-than-expected quarterly results, shares fall
(Reuters) – Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by depreciation charges from…