By Jarrett Renshaw and Karen Freifeld WASHINGTON (Reuters) -U.S. President Donald Trump will meet with Nvidia chief executive Jensen Huang…
Month: January 2025
Warner Bros hit with Superman copyright lawsuit ahead of new movie
By Blake Brittain (Reuters) – The estate of one of Superman’s co-creators has filed a copyright lawsuit in a U.S.…
Exclusive-Musk aides lock government workers out of computer systems at US agency, sources say
By Tim Reid WASHINGTON (Reuters) – Aides to Elon Musk charged with running the U.S. government human resources agency have…
Berkshire Hathaway has shed more than 4,000 jobs
(Reuters) – Berkshire Hathaway said on Friday it has shed more than 4,000 jobs over the last year, even as…
Intel’s quarterly revenue tops expectations as investors await new CEO
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel on Thursday posted December-quarter results that beat analysts’ low expectations, while…
Exclusive-D.E. Shaw takes stake in bitcoin miner Riot Platforms, sources say
By Svea Herbst-Bayliss NEW YORK (Reuters) – Investment firm D.E. Shaw has built a position in Riot Platforms and may…
Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty…
Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed…
IBM beats profit estimates as software business surges, shares rise
(Reuters) – IBM surpassed analysts’ estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as…
Microsoft shares dip as cloud growth misses estimates but spending grows
By Stephen Nellis and Deborah Mary Sophia (Reuters) -Microsoft reported slower-than-expected growth in its crucial Azure cloud business on Wednesday…