(Reuters) -Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools…
Microsoft cuts first-quarter forecast for intelligent cloud revenue
(Reuters) -Microsoft on Wednesday cut its first-quarter intelligent cloud forecast, the technology giant said in an investor presentation. The company…
Ukraine attacks Moscow in one of largest ever drone strikes on Russian capital
By Guy Faulconbridge and Lidia Kelly MOSCOW (Reuters) -Ukraine attacked Moscow on Wednesday with at least 11 drones that were…
Wall St ends higher as Fed minutes, jobs data firm rate-cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced on Wednesday amid range-bound trading after investors parsed a steep downward…
EV startup Rivian’s production chief joins Stellantis
By Abhirup Roy SAN FRANCISCO (Reuters) – Rivian’s head of manufacturing is leaving the electric vehicle startup to join Stellantis…
Tesla to recall more than 9,000 Model X SUVs, NHTSA says
(Reuters) -Tesla is recalling 9,136 Model X sports utility vehicles over a trim on the roof that could separate, increasing…
Walmart sells $3.74 billion JD.com stake to focus on its own China operations
By Kane Wu and Summer Zhen HONG KONG (Reuters) -Walmart, the biggest shareholder of Chinese e-commerce firm JD.com, has sold…
Target raises annual profit forecast after price cuts boost quarterly sales
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) – Target raised its annual profit forecast on Wednesday and beat Wall…
Barack Obama headlines DNC on Tuesday, will campaign for Harris
By Jarrett Renshaw and Jeff Mason CHICAGO (Reuters) – Former U.S. President Barack Obama will endorse the presidential bid of…
Shares of Trump’s media firm sink to record low
By Chibuike Oguh NEW YORK (Reuters) – Shares of Trump Media & Technology Group, which is majority-owned by former U.S.…