Zoom raises annual revenue forecast on strong demand for its AI-powered products
(Reuters) -Zoom Video Communications raised its annual revenue forecast on Wednesday, driven by strong demand for its AI-powered collaboration tools…
Month: August 2024
Microsoft cuts first-quarter forecast for intelligent cloud revenue
(Reuters) -Microsoft on Wednesday cut its first-quarter intelligent cloud forecast, the technology giant said in an investor presentation. The company…
Alphabet’s Waymo robotaxi unit doubles its paid rides in three months
SAN FRANCISCO (Reuters) – Alphabet’s Waymo said on Tuesday it had doubled its paid rides to 100,000 per week in…
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
(Reuters) – Netflix saw a more than 150% surge in upfront ad commitments for this year, the streaming giant said…
Medtronic lifts profit forecast on medical devices demand, new launches
(Reuters) -Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its…
Diverging stock and bond views on Fed turn into chasm: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Bond investors are by default pessimists and equity investors are naturally optimistic. But…
Global warming may be factor in deadly Italian shipwreck, climatologist says
By Gavin Jones ROME (Reuters) – Global warming may have contributed to the freak storm that sank a luxury British-flagged…
Trump to reiterate he will stop US Steel sale to Nippon
By Gram Slattery and David Shepardson YORK, Pennsylvania (Reuters) – Republican presidential candidate Donald Trump on Monday will reiterate he…
Kroger sues FTC, calling its in-house judges unconstitutional
By Jody Godoy NEW YORK (Reuters) -Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator…
Trump says he would consider ending $7,500 electric vehicle credit
(Reuters) – Republican presidential candidate Donald Trump on Monday said he would consider ending a $7,500 tax credit for electric…