Microsoft reports higher profits and revenue powered by cloud computing and AI investments
Microsoft has reported a 27% increase in profit for the July-September quarter compared to the same time last year
2023-10-25 05:17
California sidelines GM Cruise's driverless cars, cites safety risk
By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -California on Tuesday ordered General Motors' Cruise unit to remove its
2023-10-25 05:15
BlackRock to pay $2.5 million penalty after SEC disclosure charges
The U.S. Securities and Exchanges Commission on Tuesday said it had charged BlackRock Advisors LLC with "failing to
2023-10-25 04:54
Snap revenue view above estimates on boost from new ad targeting tools
(Reuters) -Snap on Tuesday forecast quarterly revenue largely above estimates as efforts to revamp the ad targeting tools of its
2023-10-25 04:49
Uniper refines its full-year 2023 outlook
(Reuters) -German state-owned utility Uniper on Tuesday refined its outlook for the full year as the company said it benefited
2023-10-25 04:45
Visa's quarterly profit beats estimates as consumer spending remains strong
Visa's fourth-quarter profit beat estimates on Tuesday as consumers undeterred by inflation and a cost-of-living crisis continue to
2023-10-25 04:27
Stocks rebound on earnings, stabilized Treasuries
By Lawrence Delevingne and Amanda Cooper Global stocks advanced on Tuesday as positive corporate earnings spurred some investor
2023-10-25 04:26
Texas Instruments forecasts fourth-quarter below estimates
(Reuters) -Analog chipmaker Texas Instruments forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday, as demand suffers across
2023-10-25 04:24
Goldman names Kamo as global head of dealmaking for financial sponsors
By David French Goldman Sachs Group Inc has appointed David Kamo as its global head of financial sponsor
2023-10-25 03:58
Jet engine maker CFM says more than half of engines with suspect parts have been removed from service
By Rajesh Kumar Singh CHICAGO (Reuters) -Jet engine maker CFM International said on Tuesday more than half of the 145
2023-10-25 03:57
Petrobras decision on extra dividend should be made near year-end, says CFO
RIO DE JANEIRO The board of Brazilian state-run oil giant Petrobras should decide whether or not extra dividends
2023-10-25 03:55
Big banks had a strong Q3. What about regional banks?
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.
2023-10-25 03:54