By Svea Herbst-Bayliss NEW YORK (Reuters) – Investment firm D.E. Shaw has built a position in Riot Platforms and may…
Year: 2025
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…
Unions warn government workers not to trust Trump’s offer to quit
By Tim Reid, Timothy Gardner and Leah Douglas WASHINGTON (Reuters) – Two of America’s biggest federal worker unions told members…
Coinbase adds Trump campaign manager, ex-senator to advisory council
By Manya Saini (Reuters) -Crypto exchange Coinbase on Wednesday added four high-profile members to its global advisory council, including former…
Factbox-All of Donald Trump’s tariff threats
(Reuters) – Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones…
JetBlue outlook sparks sell-off in shares
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -JetBlue Airways shares plunged 28% on Tuesday after the New York-based carrier…
Nvidia short bets rake in over $6 billion in profits after DeepSeek panic
By Shashwat Chauhan (Reuters) – Short sellers of artificial intelligence-related stocks raked in bumper profits after the smashing debut of…