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…
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…
Uber’s second-quarter revenue beats on ride-sharing demand
(Reuters) – Uber beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for…
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…
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…