By Jaspreet Singh (Reuters) -ESPN signed a new deal making DraftKings its official sportsbook and odds provider, after ending a…
Year: 2025
Ripple says ‘skinny’ Fed master account is attractive despite limitations
By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a “skinny” Federal Reserve payments account for non-banks, which…
OpenAI discussed government loan guarantees for chip plants, not for data centers, CEO Altman says
(Reuters) -OpenAI has spoken with the U.S. government about possible loan guarantees to support the construction of chip factories in the…
Starlink signs landmark global direct-to-cell deal with Veon as satellite-to-phone race heats up
By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Elon Musk’s Starlink, a subsidiary of SpaceX, secured its largest direct-to-cell deal…
Wegovy-maker Novo Nordisk cuts outlook again as obesity drug sales slow
By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk lowered its full-year profit and sales forecasts again on…
US economic resilience lifts spirits
The Gold Miner with a Distinct Edge—Literally In Today’s News This stock could leave NVDA in the dust [sponsor] US economic…
Elf Beauty shares slump after annual sales forecast comes below estimates
(Reuters) -Elf Beauty forecast annual sales and profit below Wall Street estimates on Wednesday, as the cosmetics-maker grapples with rising…
Qualcomm forecasts first-quarter results above estimates as AI drives smartphone upgrades
By Stephen Nellis and Arsheeya Bajwa SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast fiscal first-quarter sales and profit…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
US economic resilience lifts spirits
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and…