Nvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more...
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Facebook owner Meta slashes business teams in final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc, owner of Facebook, slashed jobs across...
Lowe’s cuts annual forecasts as home improvement demand falters
By Deborah Mary Sophia (Reuters) -Lowe’s Cos Inc cut its annual sales and profit forecasts...
Zoom lifts annual forecasts even as growth slows from pandemic peaks
By Tiyashi Datta (Reuters) -Zoom Video Communications Inc on Monday raised its full-year forecasts for...
PacWest shares jump after $2.6 billion real estate loan sale
By Jaiveer Shekhawat and Chibuike Oguh (Reuters) – Shares of PacWest Bancorp jumped on Monday...
Micron expects revenue impact following China ban
By Joyce Lee and Brenda Goh SEOUL/SHANGHAI (Reuters) -U.S.-based Micron Technology Inc on Monday forecast...
Ford to charge up EV drive with flurry of battery deals
By Joseph White, David Shepardson and Ernest Scheyder DEARBORN, Michigan (Reuters) -Ford Motor Co on...
China fails Micron’s products in security review, bars some purchases
BEIJING (Reuters) -China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker...
Yellen says June 1 is ‘hard deadline’ for raising debt ceiling
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday...
Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander
By Joey Roulette WASHINGTON (Reuters) -A team led by Jeff Bezos’ Blue Origin won a...