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Category: Business

TSMC sees annual sales growth to reach 10% in semiconductor industry
Business

TSMC sees annual sales growth to reach 10% in semiconductor industry

HSINCHU, Taiwan (Reuters) -Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue…

May 25, 2024
Paramount, Charter Communications sign new content distribution deal
Business

Paramount, Charter Communications sign new content distribution deal

(Reuters) – Paramount Global has signed a new multi-year content distribution deal with Charter Communications for its full portfolio of…

May 25, 2024
CVS seeks private equity funding for Oak Street Health, Bloomberg reports
Business

CVS seeks private equity funding for Oak Street Health, Bloomberg reports

(Reuters) -CVS Health Corp has been seeking a private equity partner to fund growth at Oak Street Health, a primary…

May 25, 2024
Dell hits record high amid rally in AI stocks
Business

Dell hits record high amid rally in AI stocks

By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies…

May 24, 2024
Meta submits changes to UK privacy compliance proposals, CMA says
Business

Meta submits changes to UK privacy compliance proposals, CMA says

(Reuters) – Meta Platforms has offered to limit the use of certain data from all advertisers on its Facebook Marketplace…

May 24, 2024
Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say
Business

Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say

By Fanny Potkin SINGAPORE (Reuters) – Nvidia’s most advanced AI chip it developed for the China market has got off…

May 24, 2024
Analysis-Google acquiring HubSpot would bolster bid to challenge Microsoft
Business

Analysis-Google acquiring HubSpot would bolster bid to challenge Microsoft

By Milana Vinn (Reuters) – Google parent Alphabet’s potential acquisition of HubSpot, a U.S. marketing software maker with a market…

May 23, 2024
Business

Medtronic beats fourth-quarter estimates on strength in medical devices

(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a pickup in…

May 23, 2024
Business

Hedge funds buy Chinese stocks for fourth consecutive week

By Summer Zhen HONG KONG (Reuters) – Global hedge funds added to their holdings of Chinese equities for a fourth…

May 22, 2024
Business

Temu-parent PDD Holdings beats first-quarter revenue estimates

By Casey Hall and Akash Sriram (Reuters) -PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by strong adoption of…

May 22, 2024

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