By Stephen Nellis and Arsheeya Bajwa (Reuters) -Qualcomm on Wednesday forecast quarterly sales and adjusted profit above Wall Street expectations,…
Carvana shares soar on upbeat forecast for core profit, retail sales
(Reuters) -Shares of Carvana surged nearly 30% in extended trading on Wednesday after the used-car seller forecast a surprise rise…
DoorDash disappoints Wall Street with downbeat quarterly core profit
By Granth Vanaik and Waylon Cunningham (Reuters) – Shares of DoorDash sank more than 14% in extended trading on Wednesday…
Devon Energy beats Q1 profit estimate on higher production
(Reuters) – U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production from Delaware basin helped…
PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
By Manya Saini and Jaiveer Shekhawat (Reuters) -PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products…
Graphite miners lobby US govt to impose levy on China-sourced EV material
By Divya Rajagopal TORONTO (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff…
Google to pay up to $6 million to News Corp for new AI content, The Information reports
(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6…
Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says
By Stanley Widianto JAKARTA (Reuters) -Microsoft will invest $1.7 billion over the next four years into expanding cloud services and…
Southwest Airlines launches compensation program for flight delays
By David Shepardson WASHINGTON (Reuters) -Southwest Airlines said it had launched a compensation program for flight delays as part of…
Apple shares rise after Bernstein analyst takes bullish stance
By Sinéad Carew (Reuters) -Shares in Apple Inc closed up 2.5% on Monday after a well-known analyst at Bernstein Societe…