By Suzanne McGee (Reuters) – Asset managers, ranging from wealth management companies to hedge funds…
Category: Business
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Applied Materials gives dour quarterly revenue forecast as export curbs tighten; shares fall
(Reuters) – Applied Materials forecast second-quarter revenue below market estimates on Thursday, expecting escalating geopolitical…
Business
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Roku forecasts annual revenue above estimates on strong ad sales
(Reuters) -Roku forecasts annual revenue above Wall Street estimates and topped fourth-quarter revenue expectations on…
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Market conditions not ideal for Aeromexico IPO in New York, CEO says
By Kylie Madry MEXICO CITY (Reuters) – Market conditions are currently not ideal for Mexican…
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Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential…
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Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a…
MicroStrategy deepens bitcoin focus with rebrand
(Reuters) – MicroStrategy, the biggest corporate holder of bitcoin, said on Wednesday it would now…
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Palantir shares jump on upbeat revenue outlook as businesses adopt AI
(Reuters) – Palantir shares rallied over 18% in premarket trading after it forecast upbeat annual…
Business
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Paramount Global, Nielsen sign new partnership, ending dispute
(Reuters) – Media giant Paramount Global and Nielsen have signed a new deal that would…
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China box office sets revenue record as sequels help overcome economic malaise
BEIJING (Reuters) – China’s movie box office took in record revenue during the Lunar New…