By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more…
Occidental Petroleum beats second-quarter profit estimates on higher production
By Sabrina Valle and Seher Dareen (Reuters) -Occidental Petroleum on Wednesday beat Wall Street estimates for second-quarter profit, in the…
Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
NEW YORK (Reuters) – Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous session, after the…
OpenAI co-founder John Schulman leaves ChatGPT maker for rival Anthropic
(Reuters) – John Schulman, one of the co-founders of artificial intelligence company OpenAI, has left the ChatGPT maker for rival…
Stocks bounce back in whiplash reversal
By Amanda Cooper and Vidya Ranganathan LONDON/SINGAPORE (Reuters) -Global stocks rallied on Tuesday, partly reversing some of the previous day’s…
Robinhood’s second quarter to benefit from meme stock revival, crypto trading
By Manya Saini (Reuters) – Wall Street expects Robinhood’s revenue to hit record highs in the second quarter as retail…
Uber’s second-quarter revenue beats on ride-sharing demand
(Reuters) – Uber beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for…
Google has an illegal monopoly on search, US judge finds
By David Shepardson and Mike Scarcella WASHINGTON (Reuters) -Alphabet’s Google broke the law with monopolistic behavior over online search and…
Intel is taking another of ASML’s High NA tools, says CEO
By Toby Sterling AMSTERDAM (Reuters) – Intel is in the process of receiving the second of ASML’s new 350 million…
Nvidia’s AI chip demand to face limited impact from potential production delay, analysts say
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may be exaggerated, analysts said, as…