By Arsheeya Bajwa and Stephen Nellis (Reuters) – Arm Holdings forecast first-quarter sales and profit below Wall Street estimates on…
Category: Business
Higher OPEC+ output, tariff uncertainty raising oil price volatility, EIA says
NEW YORK (Reuters) – Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic…
Lucid sticks to annual production forecast even as tariff woes hit automakers
(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…
Microsoft launches lower-priced AI laptops with Qualcomm chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft on Tuesday said it will release a new laptop and tablet with chips…
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
Palantir raises annual revenue forecast on AI demand but investors unimpressed
By Arsheeya Bajwa (Reuters) -Palantir Technologies raised its annual sales forecast on Monday, although its inline profit and a modest…
Exclusive-OPEC+ to further speed up oil output hikes, sources say
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the…
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports
(Reuters) -Apple is partnering with Amazon-backed startup Anthropic on a new “vibe-coding” software platform that will use artificial intelligence to…
Reddit’s strong revenue forecast signals advertising strength, shares surge 19%
(Reuters) -Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social…
Apple estimates tariffs will add $900 million to costs in June quarter
By Stephen Nellis, Akash Sriram SAN FRANCISCO (Reuters) -Apple on Thursday estimated tariffs will add about $900 million in costs…