Lowe’s trims annual forecasts but quarterly profit beat lifts shares
By Savyata Mishra (Reuters) -Lowe’s Cos signaled a strong start to the fourth quarter after topping profit estimates, but followed…
Nvidia’s strong forecast calms AI bubble jitters – for now
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast quarterly revenue well above Wall Street estimates on Wednesday and CEO…
Nvidia supplier Foxconn bullish on AI demand, teases OpenAI announcement
By Wen-Yee Lee and Ben Blanchard TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, offered a bullish outlook…
Wall St regulator to consider crypto token classification, chair says
WASHINGTON (Reuters) -The head of the U.S. Securities and Exchange Commission said on Wednesday the agency would soon consider establishing…
Google to invest $6.4 billion in cloud infrastructure in Germany
By Christian Kraemer, Klaus Lauer and Rene Wagner BERLIN (Reuters) -Alphabet’s Google will invest 5.5 billion euros ($6.41 billion) in…
Analysis-Novo Nordisk CEO signals new appetite for risk in obesity deals
By Sabrina Valle and Maggie Fick NEW YORK/LONDON (Reuters) -When Novo Nordisk CEO Mike Doustdar learned in late September that…
Palantir sues engineers who left to form ‘copycat’ Percepta AI
By Daniel Wiessner (Reuters) -Palantir Technologies on Thursday sued two of its former senior engineers, accusing them of using the…
Global central banks converge towards rate cut caution
By Naomi Rovnick and Alun John LONDON (Reuters) -The U.S. Federal Reserve has moved back into line with other major…
Analysis-Novo Nordisk changes tack with bold raid on Pfizer obesity deal
By Maggie Fick LONDON (Reuters) -Novo Nordisk’s late bid to hijack Pfizer’s takeover of U.S. obesity biotech Metsera marks an…
US gets rare earth reprieve from China, but not rollback
By Lewis Jackson BEIJING (Reuters) -China has agreed to delay the introduction of its latest round of rare earth export…