(Reuters) – U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in…
Bearish traders swarm AMC options as stock conversion plan faces doubts
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of AMC Entertainment Holdings Inc have been hit by a wave…
Wall Street closes down, Dow snaps longest winning streak since 1987
By Carolina Mandl and Herbert Lash (Reuters) – U.S. stocks ended lower on Thursday after news that the Bank of…
AbbVie trims forecast for Humira sales drop on favorable coverage
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping…
Meta rallies as AI-powered ad sales drive ‘monster’ forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence…
China’s Evergrande EV unit applies to resume trading on HK exchange
(Reuters) -China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock Exchange…
Chipotle sales disappoint Wall St as price hikes taper
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday…
Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
By Jeffrey Dastin (Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with…
Mastercard moves to ban cannabis purchases on its debit cards
By Niket Nishant and Tanay Dhumal (Reuters) -Mastercard has told financial institutions to stop allowing marijuana transactions on its debit…