(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as…
Adidas raises 2024 outlook after strong first quarter
By Ludwig Burger FRANKFURT (Reuters) -Adidas on Tuesday raised its 2024 profit outlook after what the German sportswear giant said…
Wall Street bosses cheer investment banking gains but stay cautious
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Wall Street’s bosses are finally seeing signs of a broader…
Lockheed wins US missile defense contract worth $17 billion
By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to…
Tesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Broadcom questioned by EU over VMware licensing changes
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is being asked by EU antitrust regulators about changes to newly…
Trend hedge funds could sell up to $42 billion in US shares, says Goldman
By Carolina Mandl NEW YORK (Reuters) – Trend-following hedge funds could sell between $20 billion and $42 billion in U.S.…
JPMorgan profit beats estimates even as interest income misses predictions
By Nupur Anand and Niket Nishant (Reuters) -JPMorgan Chase’s profit beat estimates in the first quarter, but its shares fell…
Exclusive-OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers
By Krystal Hu and Dawn Chmielewski (Reuters) – OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company…
Netherlands pledges 4 billion euros in Ukraine military support through 2025
AMSTERDAM (Reuters) -The Netherlands will provide Ukraine with an additional 1 billion euros ($1.06 billion) in military support this year,…