By Sheila Dang (Reuters) -Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to…
Amgen quarterly profit rises 15%, obesity drug trials are on track
By Deena Beasley (Reuters) -Amgen on Tuesday said its adjusted fourth-quarter profit rose 15%, driven by a 20% increase in…
Gilead quarterly revenue drops 4%, oral COVID drug fails trial
By Deena Beasley (Reuters) -Gilead Sciences on Tuesday said fourth-quarter revenue dipped 4% on lower sales of HIV drugs and…
Spate of job cuts continues unabated at Big Tech, media firms
(Reuters) -Big Tech and media companies in the United States continue to announce fresh job cuts, a sign that the…
Palantir forecasts strong 2024 profit on robust AI demand, shares jump (Feb. 5)
(Corrects to “Monday” from “Tuesday” in first paragraph of Feb. 5 story) By Arsheeya Bajwa (Reuters) -Palantir Technologies forecast 2024…
WeWork explores bankruptcy loan options amid landlord dispute
By Dietrich Knauth NEW YORK (Reuters) – WeWork may be forced to take on a new bankruptcy loan to make…
Google to face US antitrust trial over digital ads in September
By Mike Scarcella WASHINGTON (Reuters) – A U.S. federal judge on Monday set a Sept. 9, 2024, date for the…
McDonald’s posts rare sales miss as Middle East hit weakens overseas business
By Deborah Mary Sophia (Reuters) -McDonald’s reported its first quarterly sales miss in nearly four years on Monday on weak…
Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets
(Reuters) – Cryptocurrency exchange Gemini Trust Co said on Saturday that crypto lender Genesis has filed a motion in U.S.…
Take Five: Enter the Dragon
(Reuters) -The Chinese Year of the Dragon is around the corner, but the world’s second largest economy is anything but…