By Deena Beasley (Reuters) -Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower…
New Boeing CEO seeks to restore trust, stay close to production
By Allison Lampert and David Shepardson WASHINGTON (Reuters) – Boeing’s new boss Kelly Ortberg will meet factory workers near Seattle…
Expedia beats second-quarter profit estimates on sustained international travel demand
(Reuters) – Online travel agency Expedia beat analysts’ expectations on Thursday for second-quarter profit, helped by sustained demand for international…
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2%…
Disney may have to pay $5 billion more for Comcast’s Hulu stake
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…