By Max A. Cherney (Reuters) – Nvidia announced a new configuration on Tuesday for its advanced artificial intelligence chips that…
Palantir raises revenue target on AI boost, announces share buyback
By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…
Beyond Meat cuts annual revenue forecast as faux meat demand dips
By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…
PayPal launches dollar-backed stablecoin, boosting shares
By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…
Musk’s Neuralink raises $280 million in funding led by Thiel’s Founders Fund
(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s…
Options bets on earnings-fueled volatility in US stocks paying off
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An options strategy that bets on stocks logging larger-than-expected moves on corporate…
Musk says fight with Zuckerberg to be live-streamed on X
NEW YORK/BENGALURU (Reuters) -Elon Musk said on Sunday his proposed fight with Meta Chief Executive Mark Zuckerberg would be live-streamed…
EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition
By Abhirup Roy SAN FRANCISCO (Reuters) – Electric vehicle maker Lucid cut prices of its Air luxury sedans by as…
Berkshire posts record operating profit as rising rates boost Buffett’s returns
By Jonathan Stempel (Reuters) – Berkshire Hathaway on Saturday posted its highest ever quarterly operating profit, while gains from stock…
Wall Street ends lower after US jobs report; Apple weighs
By Echo Wang (Reuters) – Wall Street closed lower on Friday after a report of slowing U.S. labor market growth,…