By Jonathan Stempel NEW YORK (Reuters) – Uber and Lyft will pay a combined $328 million to settle claims by…
Palantir projects revenue above estimates on demand for AI platform
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday,…
Qualcomm beats estimates on China strength, shares rise
By Stephen Nellis and Chavi Mehta (Reuters) – Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets…
Disney to buy remaining 33% stake in Hulu from Comcast for at least $8.6 billion
By Dawn Chmielewski and Helen Coster LOS ANGELES/NEW YORK (Reuters) -Walt Disney on Wednesday formally began the process of buying…
Roku forecasts strong revenue on subscriber, ad strength; shares jump 17%
(Reuters) -Roku forecast fourth-quarter revenue above Wall Street estimates after posting better-than-expected revenue growth in the previous three months on…
FDIC suspends Republic First Bancorp’s auction process – Bloomberg News
(Reuters) – The Federal Deposit Insurance Corp (FDIC) has suspended an auction process for Republic First Bancorp, after the bank…
Tesla wins first US Autopilot trial involving fatal crash
By Dan Levine and Hyunjoo Jin (Reuters) -Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot…
After 100 years of innovating entertainment, Disney is at a crossroads
By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s…
Walmart to upgrade 1,400 stores with $9 billion investment
By Siddharth Cavale NEW YORK (Reuters) – U.S. retail chain Walmart on Monday said it is investing more than $9…
Morgan Stanley may pay up to $1 billion to resolve US probe into private stock sales – Semafor
(Reuters) -Morgan Stanley may pay between $500 million and $1 billion to resolve a long-running U.S. probe into how it…