By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of…
Month: February 2025
MicroStrategy deepens bitcoin focus with rebrand
(Reuters) – MicroStrategy, the biggest corporate holder of bitcoin, said on Wednesday it would now operate as “Strategy” and unveiled…
Justice Department says there are ‘credible reports’ law enforcement took part in 1921 Tulsa massacre
By Jasper Ward WASHINGTON (Reuters) – Some law enforcement members participated in arson and murders that occurred during the 1921…
OpenAI targets higher education in the U.S. with ChatGPT rollout at California State University
(Reuters) – Microsoft-backed OpenAI said on Tuesday it will roll out an education-specific version of its chatbot to about 500,000…
Snap beats profit estimates on strength in advertising platform
(Reuters) – Snap beat Wall Street estimates for quarterly profit on Tuesday, benefiting from improvements to the Snapchat parent’s advertising…
Amgen profit beats estimates, next MariTide studies start by mid-year
By Deena Beasley (Reuters) – Amgen posted a higher quarterly profit on Tuesday, driven by an 11% rise in product…
Palantir shares jump on upbeat revenue outlook as businesses adopt AI
(Reuters) – Palantir shares rallied over 18% in premarket trading after it forecast upbeat annual revenue fueled by strong demand…
Vanguard slashes fees; expects its investors will save $350 million in 2025
(Reuters) – Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in…
Tesla loses market share in Sweden, Norway as Musk looms large
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as…
Trump to order US withdrawal from UN Human Rights Council, halt UNRWA funding
WASHINGTON (Reuters) – U.S. President Donald Trump is expected to issue an executive order on Tuesday withdrawing the U.S. from…