Meta Platforms must face advertisers’ class action, US appeals…
By Jonathan Stempel (Reuters) -A divided U.S. appeals court said Meta Platforms must face…
Year: 2024
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit…
Micron hits record high as AI demand powers strong forecast
By Medha Singh and Aditya Soni (Reuters) - Memory chipmaker Micron Technology surged to a…
US Congress advances $1.2 trillion spending package to avert shutdown
By David Morgan and Makini Brice WASHINGTON (Reuters) -After days of delay, U.S.…
Intel readies for $100-billion spending spree across four US states
By Stephen Nellis SANTA CLARA, California (Reuters) -Intel is planning a $100-billion…
Super Micro’s shares drop after pricing stock offering at…
(Reuters) - Super Micro Computer's shares fell 5% on Wednesday after the AI server…
Reddit guides IPO may price at top of range or above, source says
By Niket Nishant and Anirban Sen (Reuters) - Reddit and its bankers are guiding that they…
Nvidia stock climbs as CFO says new chip to ship in 2024
By Max A. Cherney, Stephen Nellis and Medha Singh SAN JOSE, California (Reuters)…
Meta expects first shipments of new Nvidia chips later this year
NEW YORK (Reuters) - Facebook owner Meta Platforms expects to receive initial shipments…
Exclusive-Macy’s opens its books in company sale talks
By Abigail Summerville and Svea Herbst-Bayliss NEW YORK (Reuters) -Macy's Inc told…