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…
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…
Scorching US economy throws off market’s Fed cut narrative
By Lewis Krauskopf NEW YORK (Reuters) -Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth…