(Reuters) – Intel was set to erase nearly $25 billion in market value on Friday in what would be its…
Year: 2024
Exxon delivers $9.2 billion second-quarter profit, raises output target
By Sabrina Valle (Reuters) – Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output…
Explainer-What’s next after judge tosses $4.7 billion NFL ‘Sunday Ticket’ verdict
By Mike Scarcella (Reuters) – The National Football League scored a huge reprieve on Thursday when a U.S. judge threw…
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported slowing online sales growth in…
Chip index collapses 8% as Arm punctures AI optimism
(Reuters) – U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast…
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares fell sharply after…
Coinbase’s second-quarter revenue surges on crypto trading revival
(Reuters) -Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to…
Snap forecasts weak revenue as big rivals threaten growth, shares slide
By Akash Sriram (Reuters) -Snap forecast current-quarter results below expectations on Thursday as the Snapchat owner grapples with stiff competition…
EBay beats quarterly results estimates on steady demand for refurbished goods
(Reuters) -E-commerce firm eBay beat Wall Street estimates for second-quarter revenue and profit on Wednesday, on steady demand for refurbished…
Trump says he is against everyone having an electric car
CHICAGO (Reuters) – Republican presidential candidate Donald Trump said on Wednesday that he was against everyone having an electric car…