by Reuters | Apr 26, 2024 | General
(Reuters) -The allies of Republican presidential candidate Donald Trump are drafting proposals that would attempt to erode the Federal Reserve’s independence if he wins, the Wall Street Journal reported on Thursday, citing people familiar with the matter. A...
by Reuters | Apr 26, 2024 | General
(Reuters) -Intel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away from its traditional data center chips. The stock has fallen around 30% so far this year as Intel trails rival chip...
by Reuters | Apr 26, 2024 | General
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback. The stock was last trading up 11.7% at...
by Reuters | Apr 26, 2024 | General
By Sabrina Valle and Mrinalika Roy (Reuters) -Oil giant Chevron Corp beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural gas prices and fuel margins. The second largest U.S. oil producer...
by Reuters | Apr 26, 2024 | General
By Yuvraj Malik, Anna Tong and Stephen Nellis (Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company’s shares jumped...
