By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…
Facebook parent Meta sees advertising jump, tops Wall Street targets
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms on Wednesday reported a strong rise in advertising revenue, topping…
Meta rallies as AI-powered ad sales drive ‘monster’ forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 8% on Thursday as a rosy revenue forecast showed that artificial intelligence…
China’s Evergrande EV unit applies to resume trading on HK exchange
(Reuters) -China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock Exchange…
Chipotle sales disappoint Wall St as price hikes taper
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday…
Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
By Jeffrey Dastin (Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with…
Mastercard moves to ban cannabis purchases on its debit cards
By Niket Nishant and Tanay Dhumal (Reuters) -Mastercard has told financial institutions to stop allowing marijuana transactions on its debit…
Oil prices hit 3-month highs on tightening supplies
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose to three-month highs on Tuesday, as signs of tighter supplies and…
GM shares fall as automaker outlines new cost-cutting drive
By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors is wrestling with costs and struggling to build more electric…
TikTok launches text-only posts to rival Elon Musk’s Twitter
(Reuters) – Chinese short-video app TikTok is allowing users to create text-only posts, in the latest attempt by a social…