Gilead reports quarterly profit, revenue flat as cancer sales slow
By Deena Beasley (Reuters) -Gilead Sciences on Thursday reported slightly higher-than-expected quarterly earnings on flat revenue, as higher sales of…
Category: Business
Intel forecast falls short of estimates, fanning tariff worries
By Max A. Cherney, Arsheeya Bajwa and Stephen Nellis (Reuters) – Intel forecast second-quarter revenue below Wall Street estimates on…
Google says will buy back $70 billion in shares, posts earnings beat
(Reuters) -Google parent Alphabet said it would buy back $70 billion worth of shares as it reported first-quarter profit above…
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on Monday, according to Downdetector.com. On…
China’s customs administration encourages companies to expand in diverse markets
BEIJING (Reuters) – The head of China’s General Administration of Customs on Tuesday encouraged import and export businesses to rise…
Barclays downgrades US auto sector due to Trump’s tariff policy
(Reuters) – Barclays on Tuesday downgraded U.S. autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s…
Meta releases new AI model Llama 4
(Reuters) – Meta Platforms on Saturday released the latest version of its large language model (LLM) Llama, called the Llama…
Truth Social-parent re-registers shares that would allow Trump trust to sell stock
(Reuters) -Trump Media & Technology Group filed papers to re-register shares that would allow President Donald Trump’s trust to potentially…
Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
(Reuters) -Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidia’s…
Gold stocks in Comex warehouses on track to hit new records over coming days
By Polina Devitt LONDON (Reuters) – Gold stocks in Comex warehouses are on track to hit new records over the…