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Day: May 15, 2025
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
By Casey Hall and Deborah Mary Sophia (Reuters) -Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday, as the…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…
Applied Materials misses second-quarter revenue estimates
(Reuters) -Chipmaking equipment maker Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, against the backdrop of heightened…
Coinbase says it strongly believes US SEC investigation should not continue
(Reuters) -Coinbase said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of…