Apple set for big sales decline as investors await AI in iPhones
By Yuvraj Malik (Reuters) -Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial…
KFC parent Yum reports surprise drop in global same-store sales on weak demand
By Juveria Tabassum (Reuters) -Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand…
Mastercard’s profit beats as consumer spending defies inflation worries
By Mehnaz Yasmin (Reuters) -Mastercard reported first-quarter profit that exceeded Wall Street expectations on Wednesday, on higher card spending by…
‘Bitcoin Jesus’ arrested in Spain on US tax evasion charges
By Nate Raymond (Reuters) – An early investor in bitcoins dubbed the “Bitcoin Jesus” has been arrested in Spain on…
Super Micro misses quarterly revenue estimates as inventory up, shares down 14%
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on…
Trump raises stake in his media firm to nearly 65%
(Reuters) – Donald Trump has raised his stake in the company that operates his social media app Truth Social to…
Graphite miners lobby US govt to impose levy on China-sourced EV material
By Divya Rajagopal TORONTO (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff…
Boeing taps debt market to raise $10 billion, sources say
By Allison Lampert, Matt Tracy and Shankar Ramakrishnan (Reuters) -Boeing on Monday tapped debt markets to raise $10 billion, after…
Tesla’s California registrations down second quarter in a row, dealer data shows
(Reuters) – Registrations of Tesla vehicles in California fell about 8% in the first quarter of 2024 for the second…
As solar capacity grows, some of America’s most productive farmland is at risk
By P.J. Huffstutter and Christopher Walljasper JASPER COUNTY, INDIANA (Reuters) -Dave Duttlinger’s first thought when he saw a dense band…