(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…
Category: Business
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…
Cisco lifts annual forecast on AI boost, names insider Patterson as new CFO
(Reuters) -Cisco Systems said on Wednesday that its finance chief Scott Herren will retire from the company in July 26,…
Netflix says ad-supported service has 94 million subscribers
(Reuters) -Netflix said on Wednesday 94 million subscribers use its advertising-supported tier, up from 70 million in November, as the…
Nvidia-backed CoreWeave rides AI wave in first results as public company
(Reuters) -Nvidia-backed CoreWeave beat Wall Street estimate for quarterly revenue on Wednesday, in its first set of results as a…
US weighs letting UAE buy over a million advanced Nvidia chips, Bloomberg News reports
(Reuters) – The Trump administration is weighing a deal that would allow the UAE to import more than a million…
Southwest Airlines seeks permission to expand international network
(Reuters) -Southwest Airlines on Tuesday filed with the U.S. Department of Transportation for authority to fly to any country with…
Digital banking startup Chime files for US IPO, reveals rise in revenue
(Reuters) -Digital banking fintech firm Chime revealed on Tuesday that its revenue surged in 2024 after making public its filing…
Codelco, BHP agree on terms to explore ‘Anillo’ mining property
SANTIAGO (Reuters) – Chilean state-run copper miner Codelco said on Monday that it had reached an agreement with BHP for…