By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and…
How Trump could influence the makeup of the Fed
(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive…
Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a…
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as…
Microsoft results top Wall Street targets, driven by AI investment
By Yuvraj Malik, Anna Tong and Stephen Nellis (Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on…
Google parent announces first-ever dividend; beats on sales, profit; shares soar
By Greg Bensinger and Akash Sriram (Reuters) – Alphabet announced its first-ever dividend on Thursday and a $70 billion stock…
Snap beats first-quarter expectations, shares jump 25%
By Sheila Dang (Reuters) -Snap beat Wall Street’s expectations for quarterly revenue and user growth on Thursday, as improvements to…
Gold miner Newmont tops profit estimates; asset sale attracts strong interest
By Seher Dareen (Reuters) -Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold…
Microsoft’s AI lead puts Amazon cloud dominance on watch
By Yuvraj Malik and Aditya Soni (Reuters) – Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing…
IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
By Arsheeya Bajwa (Reuters) -International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said…