By Granth Vanaik and Waylon Cunningham (Reuters) – Shares of DoorDash sank more than 14% in extended trading on Wednesday…
Devon Energy beats Q1 profit estimate on higher production
(Reuters) – U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production from Delaware basin helped…
PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
By Manya Saini and Jaiveer Shekhawat (Reuters) -PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products…
Graphite miners lobby US govt to impose levy on China-sourced EV material
By Divya Rajagopal TORONTO (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff…
Google to pay up to $6 million to News Corp for new AI content, The Information reports
(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6…
Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says
By Stanley Widianto JAKARTA (Reuters) -Microsoft will invest $1.7 billion over the next four years into expanding cloud services and…
Southwest Airlines launches compensation program for flight delays
By David Shepardson WASHINGTON (Reuters) -Southwest Airlines said it had launched a compensation program for flight delays as part of…
Apple shares rise after Bernstein analyst takes bullish stance
By Sinéad Carew (Reuters) -Shares in Apple Inc closed up 2.5% on Monday after a well-known analyst at Bernstein Societe…
Philips shares surge on US recall settlement news
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares surged 35% early on Monday as the medical devices maker announced a…
Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts…