Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty…
Year: 2025
Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed…
Homebuilder PulteGroup posts upbeat quarterly results; increases share buyback
(Reuters) – U.S. homebuilder PulteGroup beat Wall Street estimates for its fourth-quarter results on Thursday, as strategic promotions helped boost…
Walmart Canada to invest more than $4 billion to expand stores, supply chain
(Reuters) – Walmart Canada said on Thursday it is investing about C$6.5 billion ($4.51 billion) to build new stores and…
DeepSeek’s global success received by Chinese with pride and glee
By Eduardo Baptista and Alessandro Diviggiano BEIJING (Reuters) – Chinese bloggers, state media and local citizens have welcomed DeepSeek’s global…
Analysis-US tech and tariff shocks spark scramble for new market havens
By Naomi Rovnick LONDON (Reuters) – As a tech stock rout and U.S. dollar swings driven by President Donald Trump’s…
Alibaba’s Tsai-backed firm buys 12% of Italian luxury sneaker maker Golden Goose
MILAN (Reuters) – Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12%…
Royal Caribbean eyes strong 2025 profit on robust cruise demand
By Ananya Mariam Rajesh and Doyinsola Oladipo (Reuters) -Royal Caribbean said on Tuesday that 2025 was shaping up “to be…
OpenAI chief Altman says DeepSeek’s R1 model ‘impressive’
(Reuters) – OpenAI CEO Sam Altman called Chinese startup DeepSeek’s R1 AI model “impressive” on Monday, but emphasized that OpenAI…
AI data startup Turing triples revenue to $300 million
By Anna Tong SAN FRANCISCO (Reuters) – – Artificial intelligence data startup Turing, one of a growing number of companies…