By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear has plunged in the U.S. equity market following last week’s explosive…
Roblox beats bookings estimates on higher in-game spending, shares jump
By Harshita Mary Varghese (Reuters) -Roblox beat quarterly bookings estimates as in-game spending jumped and summer break drove more users…
Rivian raises production target amid broader EV demand fears
By Abhirup Roy and Akash Sriram (Reuters) -Rivian Automotive raised its production forecast for the full year by 2,000 vehicles…
G7 support for Ukraine will not dim due to Middle East conflict, Japan says
By Sakura Murakami and John Geddie TOKYO (Reuters) – G7 support for Ukraine in its war with Russia will not…
SoftBank’s WeWork, once most valuable US startup, succumbs to bankruptcy
(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection…
Robinhood misses Q3 revenue estimates on muted trading activity
By Manya Saini (Reuters) -Robinhood Markets missed Wall Street estimates for third-quarter revenue on Tuesday, weighed by a slowdown in…
Yellen says Republicans’ IRS funding cut would hurt customer service goals
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the Internal Revenue Service will…
Fed’s Bowman says she expects further policy tightening will be needed
(Reuters) – Federal Reserve Governor Michelle Bowman on Tuesday repeated her view that the U.S. central bank will likely need…
Uber bets on holiday demand after dull third quarter
By Yuvraj Malik (Reuters) – Ride-hailing giant Uber on Tuesday predicted strong holiday-quarter demand would drive up profits more than…
Nintendo hikes profit forecast as Switch battles on
By Sam Nussey TOKYO (Reuters) -Nintendo on Tuesday raised its operating profit forecast for the financial year ending March by…