By Abhirup Roy and Akash Sriram (Reuters) – Rivian Automotive on Tuesday raised its full-year production forecast, and its chief…
Lyft falls as fears of price war with Uber overshadow strong forecast
By Yuvraj Malik (Reuters) -Lyft signaled on Tuesday it would double down on competitive pricing to catch up with larger…
Pentagon confident on sharing intelligence with Japan despite China hacking report
WASHINGTON/TOKYO (Reuters) -The Pentagon said on Tuesday it was confident about sharing intelligence with Japan, despite a U.S. news report…
US dollar rises broadly as risk tolerance drops after Moody’s downgrade, Chinese data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar firmed across the board on Tuesday, garnering safe-haven bids, after…
Lilly hits record high after Mounjaro fuels forecast raise, rival data
By Bhanvi Satija and Mariam Sunny (Reuters) -Eli Lilly on Tuesday raised its annual forecasts as demand for new diabetes…
Nvidia launches new AI chip configuration
By Max A. Cherney (Reuters) – Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that…
Palantir raises revenue target on AI boost, announces share buyback
By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…
Beyond Meat cuts annual revenue forecast as faux meat demand dips
By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
PayPal launches dollar-backed stablecoin, boosting shares
By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…
Musk’s Neuralink raises $280 million in funding led by Thiel’s Founders Fund
(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s…