By Yuvraj Malik (Reuters) -Cisco Systems Inc on Wednesday raised its full-year earnings forecast and delivered strong second-quarter results, indicating…
Shopify’s revenue forecast fails to impress, shares fall
By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing revenue growth for the current quarter despite price hikes and…
Starbucks CEO declines to appear at U.S. Senate labor law hearing
By David Shepardson WASHINGTON (Reuters) -Starbucks Corp Chief Executive Howard Schultz declined an invitation from 11 senators to testify on…
FTX customers sue financiers for giving bankrupt crypto exchange an ‘air of legitimacy’
By Jonathan Stempel (Reuters) – Former customers of Sam Bankman-Fried’s FTX have sued three venture capital and private equity firms,…
Rise of near-term options trading carries risk of Volmageddon 2.0 -JPM’s Kolanovic
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The rise of trading in near-term U.S. equity options has the potential…
Roku promises cost cuts, sees robust first-quarter revenue; shares jump
By Tiyashi Datta (Reuters) -Roku Inc said on Wednesday it was keeping a lid on costs and forecast first-quarter revenue…
Facebook owner Meta increases Zuckerberg’s security allowance by $4 million
(Reuters) – Meta Platforms Inc said on Wednesday it had increased the security allowance given to Chief Executive and co-founder…
Walmart in Mexico gross margin shrinks, quarterly profit up 12%
MEXICO CITY (Reuters) -Walmart’s Mexico unit on Wednesday said its gross margin in the fourth quarter shrank in a push…
Lacking lifeline, Mexican carrier Aeromar shutters
By Kylie Madry MEXICO CITY (Reuters) – Mexican airline Aeromar announced the “definitive end” of operations on Wednesday, as the…
Prosecutors urge tight limits on Bankman-Fried’s internet use
By Luc Cohen NEW YORK (Reuters) -U.S. prosecutors on Wednesday urged a judge to impose tight restrictions on indicted FTX…