NEW YORK, Dec 12 (Reuters) – Wells Fargo, the fourth-biggest U.S. bank, plans to extend its hiring spree in investment…
Category: Uncategorized
Analysis-Oracle’s stumble hits AI trade, but many remain bullish
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, Dec 12 (Reuters) – The red-hot trade backing artificial intelligence-related stocks…
Rivian shares surge as analysts cheer shift to custom self-driving chip, AI strategy
Dec 12 (Reuters) – Shares of Rivian Automotive surged 18% on Friday as analysts issued bullish commentary on the electric…
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
By Jody Godoy NEW YORK, Dec 12 (Reuters) – Netflix says it must acquire Warner Bros Discovery to compete with…
U.S. central bankers split, with median seeing one rate cut in 2026
Dec 10 (Reuters) – A majority of U.S. central bankers believe they will need to cut short-term interest rates next…
Broadcom forecasts upbeat quarterly revenue on AI chip demand
By Juby Babu Dec 11 (Reuters) – Broadcom on Thursday projected first-quarter revenue above Wall Street estimates, betting that sustained,…
Costco beats quarterly sales estimates on strong demand
Dec 11 (Reuters) – Costco Wholesale beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient…
Rivian debuts custom self-driving chip, $2,500 driver-assistance package
By Abhirup Roy and Akash Sriram PALO ALTO, Dec 11 (Reuters) – Rivian Automotive on Thursday unveiled its first custom…
‘This is the end’: Australian teens mourn loss of social media as ban begins
By Christine Chen SYDNEY, Dec 10 (Reuters) – Australian teenagers have taken to social media for the last time to…
CVS raises its 2025 profit forecast as turnaround plan takes effect
(Corrects paragraph 1, headline, cross-head and paragraph 9 to remove erroneous reference to CVS 2026 profit outlook being above Wall…