Axon raises full-year revenue forecast on strong demand for its software products
(Reuters) – Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its software…
Day: May 6, 2024
FIS raises annual profit forecast on strong consumer spending
(Reuters) – Banking and payments processing conglomerate Fidelity National Information Services raised its forecast for annual adjusted profit and posted…
Investors pull $9.9 billion from hedge funds in March – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from…
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and…
Big Oil finds more to love in deepwater exploration fields
By Georgina McCartney HOUSTON (Reuters) -As Big Oil returns this week to the industry’s annual showcase for offshore energy projects…
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the…