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Category: Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending

(Reuters) – Photoshop maker Adobe forecast fiscal 2025 revenue below Wall Street estimates on Wednesday, indicating the company’s investments to…

December 11, 2024January 24, 2025
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
Business

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

(Reuters) – Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year…

December 11, 2024January 24, 2025
Ferrari will always make its cars in Italy, CEO says
Business

Ferrari will always make its cars in Italy, CEO says

By Vanessa O’Connell NEW YORK (Reuters) -Ferrari will always make its luxury sports car in its hometown of Maranello, northern…

December 10, 2024January 24, 2025
C3.ai lifts annual forecast on strong demand for enterprise AI software
Business

C3.ai lifts annual forecast on strong demand for enterprise AI software

(Reuters) -C3.ai raised its forecast for fiscal year 2025 revenue on Monday, helped by healthy demand for the company’s enterprise…

December 9, 2024January 24, 2025
Kinder Morgan forecasts higher profit in 2025
Business

Kinder Morgan forecasts higher profit in 2025

(Reuters) -Kinder Morgan forecast higher earnings for 2025 on Monday as the U.S. pipeline operator bets on growth in its…

December 9, 2024January 24, 2025
Palantir, Anduril sign partnership for AI training in defense
Business

Palantir, Anduril sign partnership for AI training in defense

(Reuters) – Data analytics firm Palantir Technologies and defense tech company Anduril Industries have partnered to use defense data for…

December 6, 2024January 24, 2025
Microsoft denies training AI models on user data
Business

Microsoft denies training AI models on user data

(Reuters) -Microsoft on Wednesday denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel,…

November 27, 2024January 24, 2025
Netflix defeats shareholder lawsuit over growth forecasts
Business

Netflix defeats shareholder lawsuit over growth forecasts

By Jonathan Stempel (Reuters) – Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of…

November 26, 2024January 24, 2025
OpenAI considers taking on Google with browser, the Information reports
Business

OpenAI considers taking on Google with browser, the Information reports

(Reuters) -ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot and separately discussed or…

November 22, 2024January 24, 2025
Snowflake shares surge on rosy forecast, AI deal with Anthropic
Business

Snowflake shares surge on rosy forecast, AI deal with Anthropic

(Reuters) -Snowflake’s shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast,…

November 21, 2024January 24, 2025

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