(Reuters) -Wireless infrastructure provider American Tower on Tuesday beat the first-quarter revenue estimate, driven by steady demand for its leasing…
Coca-Cola beats results estimates, warns tariffs could hurt sentiment
By Ananya Mariam Rajesh (Reuters) – Coca-Cola’s quarterly revenue and profit beat estimates on Tuesday thanks to price hikes and…
Intel attracts interest for test chips using new manufacturing process
By Max A. Cherney, Stephen Nellis SAN JOSE, California (Reuters) -Intel said on Tuesday that several of its contract manufacturing…
Facebook parent Meta Platforms launches standalone AI assistant app
(Reuters) -Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered…
Investors fear Big Oil could cut share buybacks as crude prices slump
By Sheila Dang HOUSTON (Reuters) -When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on…
TikTok to enter Japan’s e-commerce industry, Nikkei reports
(Reuters) -Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the…
China’s Huawei develops new AI chip, seeking to match Nvidia, WSJ reports
(Reuters) -China’s Huawei Technologies is preparing to test its newest and most powerful artificial-intelligence processor, hoping to replace some higher-end…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
Nike sued over closure of crypto business
By Jonathan Stempel NEW YORK (Reuters) -Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other…
Lam Research beats quarterly revenue estimates on surging AI chip demand
By Priyanka G (Reuters) -Chip-making equipment supplier Lam Research beat Wall Street expectations for third-quarter revenue on Wednesday, fueled by…