(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…
Palantir raises annual revenue forecast on GenAI strength; shares surge
By Arsheeya Bajwa (Reuters) -Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the…
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported slowing online sales growth in…
Exxon delivers $9.2 billion second-quarter profit, raises output target
By Sabrina Valle (Reuters) – Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output…
Harris raises $310 million in July as campaign shakeup energizes donors
By Jarrett Renshaw (Reuters) – The Harris campaign announced on Friday that it raised $310 million in July, fueled by…
U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance…
Snap forecasts weak revenue as big rivals threaten growth, shares slide
By Akash Sriram (Reuters) -Snap forecast current-quarter results below expectations on Thursday as the Snapchat owner grapples with stiff competition…