Why BYD’s EV exports sell for twice the China price
By Nick Carey and Ben Klayman LONDON (Reuters) – U.S. and European politicians have raised alarms that their domestic auto…
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Microsoft results top Wall Street targets, driven by AI investment
By Yuvraj Malik, Anna Tong and Stephen Nellis (Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on…
Global economy set to stay on a roll for the rest of the year – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of…
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
(Reuters) -Roku warned that a push by streaming rivals towards ad-supported offerings could weigh on its growth this year, taking…
Snap beats first-quarter expectations, shares jump 25%
By Sheila Dang (Reuters) -Snap beat Wall Street’s expectations for quarterly revenue and user growth on Thursday, as improvements to…
US Senate passes TikTok divestment-or-ban bill, Biden set to make it law
By David Shepardson WASHINGTON (Reuters) – The U.S. Senate voted by a wide margin late Tuesday in favor of legislation…
Tesla promises ‘more affordable’ cars after shelving all-new Model 2
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla said on Tuesday it would introduce “new models” by early 2025 using…
Visa results beat estimates on resilient consumer spending
By Manya Saini and Pritam Biswas (Reuters) -Visa’s second-quarter results sailed past Wall Street estimates on Tuesday, as consumers shrugged…
Walmart-backed fintech One launches ‘buy now, pay later’ services, source says
(Reuters) -Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics…
UnitedHealth says hackers possibly stole large number of Americans’ data
By Manas Mishra and Zeba Siddiqui (Reuters) -UnitedHealth Group said on Monday that hackers stole health and personal data of…