Grocer Albertsons forecasts annual profit below estimates on rising costs
(Reuters) -Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty…
Year: 2025
Citigroup profit beats estimates as stock trading jumps 23%
By Tatiana Bautzer and Arasu Kannagi Basil NEW YORK (Reuters) – Citigroup beat Wall Street estimates for first-quarter profit on…
Italy’s Meloni to meet Trump amid U.S.- Europe trade tensions
By Angelo Amante ROME (Reuters) – Italian Prime Minister Giorgia Meloni is heading to the White House for a meeting…
OpenAI is working on X-like social media platform, the Verge reports
(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…
Judge to consider Trump’s compliance with order over wrongly deported man
By Luc Cohen (Reuters) – U.S. judge on Tuesday will consider her next steps on what she called the Trump…
Canada to spare automakers, other sectors from some tariffs on US imports
OTTAWA (Reuters) – Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs provided they…
Goldman Sachs profit beats estimates as traders ride volatile markets
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs beat first-quarter profit estimates as its traders capitalized on…
Nvidia to produce AI servers worth up to $500 billion in US over four years
By Akash Sriram and Arsheeya Bajwa (Reuters) – Nvidia said it is planning to build AI servers worth as much…
Wells Fargo says tech banking team grew by 20% over past year
(Reuters) -Wells Fargo said on Monday its technology banking unit increased its headcount by 20% over the past year on…
Hedge fund Qube discloses $105 million short position in Trump Media
By Carolina Mandl NEW YORK (Reuters) – Hedge fund Qube Research & Technologies disclosed a roughly $105 million short position…