Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is stabilizing as it…
Category: General
Intel beats expectations as margins rise, manufacturing momentum builds
By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates…
Chipotle quarterly results shine as burrito cravings defy high prices
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as unwavering demand for…
Oil prices settle up about 2% on worries about Middle East
By Nicole Jao NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday, buoyed by worries about conflict in the…
Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI
By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth fell to near…
Weight-loss drugs driving hedge fund consumer stock flows -Goldman Sachs
By Carolina Mandl NEW YORK (Reuters) -Hedge funds have been buying consumer staple stocks in Europe in October while dumping…
Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit
By Jonathan Stempel, Diane Bartz and Nate Raymond (Reuters) – Dozens of U.S. states are suing Meta Platforms and its…
U.S. will extend EU metals tariff exemption if needed -envoy
BRUSSELS (Reuters) – The United States will roll over its suspension of tariffs on European Union steel and aluminium if…
UAW strikes GM’s Escalade factory, turning up pressure for higher wages
By David Shepardson and Joseph White (Reuters) -The United Auto Workers (UAW) union on Tuesday struck a General Motors assembly…
Tesla aware of Autopilot steering malfunction before fatal crash -lawyer
By Dan Levine and Hyunjoo Jin (Reuters) – An attorney suing Tesla over a fatal accident cited an internal safety…