Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
(Reuters) -Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker’s disappointing quarterly earnings forecast sparked fears that…
Category: Business
Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta
(Reuters) -Uber Technologies said on Friday it would expand its partnership with Alphabet’s Waymo to bring ride hailing to Austin,…
Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts…
Delta Air sees improvement in unit revenue trends, shares rise
(Reuters) -Delta Air Lines said on Thursday it was seeing an improvement in third-quarter unit revenue trends, citing strength in…
Top tech, US officials to discuss powering AI, source says
By Timothy Gardner and Susan Heavey WASHINGTON (Reuters) -Top technology executives will meet with senior U.S. officials at the White…
US crypto stocks fall on rising bets of Harris win after presidential debate
(Reuters) – U.S. cryptocurrency stocks fell in premarket trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival…
Buffett’s Berkshire offloads $228.7 million worth BofA shares in latest sale
(Reuters) – Warren Buffett’s Berkshire Hathaway has sold shares worth $228.7 million in Bank of America, as the conglomerate continues…
India leads in crypto adoption for second straight year, report shows
(Reuters) – India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the…
Nike shareholders vote against proposal on workers’ rights
By Ananya Mariam Rajesh and Nicholas P. Brown (Reuters) -Nike shareholders have voted against a proposal to consider joining binding…
Hedge funds flock to Japan as market heats up
By Summer Zhen HONG KONG (Reuters) – Japan has emerged as a standout in Asia’s subdued $400 billion hedge fund…