(Corrects formatting of company ticker symbol in first paragraph) By Rashika Singh (Reuters) -Intel shares surged nearly 9% in premarket…
Gold funds saw record weekly inflow as prices surged
LONDON (Reuters) -Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research…
IBM says key quantum computing algorithm can run on conventional AMD chips
By Stephen Nellis SAN FRANCISCO (Reuters) -IBM said on Friday it is able to run a key quantum computing algorithm…
Procter & Gamble tops estimates on resilient demand for beauty, hair-care products
By Jessica DiNapoli and Juveria Tabassum (Reuters) -Procter & Gamble on Friday beat Wall Street estimates for first-quarter revenue and…
Tesla recalls over 63,000 Cybertrucks over lighting defect, issues software fix
(Reuters) -Tesla said on Thursday it is recalling 63,619 Cybertrucks over software that makes the front parking lights too bright,…
Honeywell lifts 2025 profit outlook despite Solstice spinoff, shares rise
By Utkarsh Shetti (Reuters) -Honeywell on Thursday raised its 2025 profit forecast despite the impact of a planned separation of…
T-Mobile lifts annual forecast as subscriber gains top estimates on iPhone upgrades
By Harshita Mary Varghese (Reuters) -T-Mobile added more than 1 million monthly bill-paying wireless subscribers to top estimates in the…
Hedge funds now manage record of almost $5 trillion, says HFR
By Nell Mackenzie LONDON (Reuters) -Global hedge fund capital rose to a record of almost $5 trillion in the third…
Oil rises in choppy trade as investors focus on supply signals
By Shariq Khan NEW YORK (Reuters) -Oil prices rose slightly on Tuesday in choppy trading, as investors focused on expectations…
Lockheed Martin lifts 2025 forecasts on robust defense demand
By Utkarsh Shetti and Mike Stone (Reuters) -U.S. defense contractor Lockheed Martin raised its 2025 forecast for revenue and profit…