Cummins revenue misses estimates as truck demand stays on slow lane
(Reuters) – U.S. truck engine maker Cummins Inc missed Wall Street estimates for first-quarter sales...
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Shell earns $1 billion a year from US crude trading, court filing shows
By Arathy Somasekhar and Ron Bousso HOUSTON (Reuters) – Financial details of Shell’s vast oil...
Tesla short sellers lose nearly $5.5 billion over four days, S3 Partner says
(Reuters) – Investors who bet against Tesla stock have lost $5.5 billion in the four...
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Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results...
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Microsoft’s AI lead puts Amazon cloud dominance on watch
By Yuvraj Malik and Aditya Soni (Reuters) – Upcoming quarterly reports from U.S. tech giants...
Metal Markets
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Caterpillar, Deere inventories in focus as machinery demand plateaus
By Deborah Mary Sophia (Reuters) – Equipment inventories will be in focus when Caterpillar, Deere...
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Short sellers pocket record weekly profit from Big Tech selloff
(Reuters) – Traders who bet against the “Magnificent 7” group of big U.S. tech stocks...
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Apple pulls WhatsApp, Threads from China app store after Beijing order
By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta...
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Chinese spies target Dutch industries to strengthen military, intelligence agency says
AMSTERDAM (Reuters) – Chinese spies have targeted the Dutch semiconductor, aerospace and maritime industries to...
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Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s...