(Reuters) – VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across…
Nvidia forecasts quarterly revenue above estimates, announces stock split
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward…
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful…
Macy’s lifts annual profit forecast as new CEO’s revamp takes root
(Reuters) -Macy’s raised its profit forecast for the year on Tuesday, as its new CEO’s turnaround plan helped to shield…
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
(Reuters) – Comcast’s new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month…
Google set to bring ads in search AI Overviews
(Reuters) – Google will start testing search and shopping ads in its AI-generated answers in the U.S., the Alphabet-owned company…
Apple slashes iPhone prices in China amid fierce Huawei competition
BEIJING (Reuters) – Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of…
Audi, partner SAIC to develop China-specific EV platform
BEIJING (Reuters) – Volkswagen’s premium brand Audi said on Monday it would jointly develop a new China-specific platform for intelligent…
Microsoft to unveil AI devices and features ahead of developer conference
By Max A. Cherney SEATTLE (Reuters) – Microsoft plans to announce several pieces of hardware and software related to consumer…
JPMorgan expects rising interest income while citing economic risks
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) -JPMorgan Chase predicted it would earn more income from elevated U.S.…