By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on…
Arm shares surge on strong forecast of AI-fueled chip upgrades
By Stephen Nellis, Max A. Cherney and Arsheeya Bajwa (Reuters) -Arm surged more than 30% on Wednesday after the British…
NYCB shares end higher as new executive chair seeks to bolster confidence
By Niket Nishant and Lewis Krauskopf (Reuters) -Shares of New York Community Bancorp closed higher on Wednesday after the lender…
Oil climbs on US fuel stocks draw, geopolitical tensions
By Georgina McCartney HOUSTON (Reuters) -Oil prices rose for a third consecutive day on Wednesday, boosted by a larger-than-expected fall…
DuPont sets $1 billion stock buyback target, hikes dividend after Q4 profit beat
By Saikeerthi . (Reuters) -DuPont de Nemours announced a new $1 billion stock repurchase program and a 6% rise in…
Meta to start labeling AI-generated images from companies like OpenAI, Google
By Katie Paul NEW YORK (Reuters) – Meta Platforms will begin detecting and labeling images generated by other companies’ artificial…
Palantir forecasts strong 2024 profit on robust AI demand, shares jump (Feb. 5)
(Corrects to “Monday” from “Tuesday” in first paragraph of Feb. 5 story) By Arsheeya Bajwa (Reuters) -Palantir Technologies forecast 2024…
BP boosts share buybacks as $3 billion quarterly profit beats forecast
By Ron Bousso and Deep Kaushik Vakil LONDON (Reuters) -BP posted forecast-beating earnings of $3 billion for the fourth quarter…
JPMorgan to open more than 500 new bank branches over next three years
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase said on Tuesday it was embarking on one of its most…
China’s Xi to discuss stock market with financial regulators -Bloomberg News
(Reuters) – China President Xi Jinping is set to discuss the nation’s stock market with financial regulators, Bloomberg News reported…