PepsiCo cuts annual sales forecast on demand worries
(Reuters) – PepsiCo posted a surprise drop in third-quarter revenue on Tuesday and cut its...
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US bank profits to shrink on interest income, focus shifts to Fed cuts
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase and Wells Fargo kick off earnings for...
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
(Reuters) – Goldman Sachs has lowered the odds of the United States slipping into a...
Trump’s tax, spending plans would add twice as much debt as Harris’, budget group says
By David Lawder WASHINGTON (Reuters) – Republican presidential candidate Donald Trump’s tax and spending plans...
Chevron to sell assets worth $6.5 billion to Canadian Natural Resources
(Reuters) -Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian...
Super Micro shares surge as AI boom drives 100,000 quarterly GPU shipments
(Reuters) – Super Micro Computer said on Monday it is currently shipping more than 100,000...
Investors look to earnings to support record-high stock prices
By Lewis Krauskopf NEW YORK (Reuters) – A high-stakes corporate earnings season kicks into gear...
Boeing-Lockheed JV’s Vulcan rocket launches second mission
(Reuters) – Boeing and Lockheed Martin’s joint venture, United Launch Alliance, said on Friday its...
Barack Obama to campaign for Kamala Harris leading up to election, Washington Post reports
(Reuters) – Former U.S. President Barack Obama will campaign for vice president and Democratic presidential...
Meta, challenging OpenAI, announces new AI model that can generate video with sound
By Katie Paul NEW YORK (Reuters) -Facebook owner Meta announced on Friday it had built...