Mastercard’s profit beats estimates on resilient consumer spending
(Reuters) -Payments processor Mastercard reported a better-than-expected profit for the third quarter on Thursday, as customers encouraged by economic stability…
Year: 2024
Amazon.com quarterly profits, revenue, beat Wall Street estimates
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com on Thursday posted third quarter profit and sales that beat Wall…
Intel forecasts fourth-quarter revenue above estimates, shares surge
By Max A. Cherney, Arsheeya Bajwa (Reuters) -Intel shares climbed more than 12% in extended trading on Thursday after the…
Apple results top Wall Street targets, iPhone sales offset misses by other products
By Stephen Nellis (Reuters) -Apple beat Wall Street sales and profit expectations on Thursday for its fiscal fourth quarter, bolstered…
Amazon workers ‘appalled’ by AWS CEO’s return to office remarks, urge policy reversal
By Greg Bensinger (Reuters) -More than 500 Amazon.com employees sent a letter on Wednesday to the CEO of its AWS…
Does Trump really want to compare now to four years ago?
By Howard Schneider WASHINGTON (Reuters) – Republican presidential candidate and former President Donald Trump’s end-of-campaign arguments to voters choosing between…
Boeing, striking union hold first meeting since latest contract rejection
By David Shepardson (Reuters) -A union representing about 33,000 striking U.S. West Coast factory workers said late on Tuesday it…
AMD shares slump as forecast disappoints AI-focused investors
(Reuters) – Advanced Micro Devices shares fell 8% on Wednesday after the chip company’s revenue forecast failed to impress investors…
Exclusive-OpenAI builds first chip with Broadcom and TSMC, scales back foundry ambition
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) – OpenAI is working with Broadcom and TSMC to build its…
US interest rate options price in Republican sweep, jump in volatility
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Ahead of the U.S. presidential election next week, investors in interest rate options…