AMD, Super Micro tumble as earnings fall short of lofty AI expectations
(Reuters) - Shares of Advanced Micro Devices and Super Micro Computer sank on Wednesday, sparking a selloff in chip stocks, a...
3h ago
ADP beats estimates as strong job market aids demand for payroll services
(Reuters) - Payroll processor Automatic Data Processing beat estimates for third-quarter revenue and profit on Wednesday, dri...
3h ago
CDW Corp's first-quarter results miss on weak IT spending
(Reuters) - CDW Corp missed analysts' estimates for first-quarter results on Wednesday, hurt by weak demand for its IT soluti...
3h ago
Garmin's Q1 results beat on strong demand for fitness, auto products
(Reuters) - Swiss navigation device maker Garmin topped Wall Street expectations for first-quarter results on Wednesday, bene...
3h ago
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 Chinese ...
4h ago
OnlyFans faces UK probe into age-verification measures
(Reuters) - Britain's media regulator Ofcom has opened an investigation into OnlyFans, it said on Wednesday, looking into whe...
5h ago
Bitcoin slides below $58,000, rattled by tougher Fed rate outlook
LONDON (Reuters) - Bitcoin fell for a third day on Wednesday, having posted its worst monthly performance in April since late...
8h ago
Novo Nordisk owner to invest $200 million in quantum computing startups
By Martin Coulter LONDON (Reuters) - Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, sai...
9h ago
Microsoft to power data centers with Brookfield renewables deal, FT says
(Reuters) - Canada's Brookfield Asset Management is set to develop new wind and solar farms with backing from tech giant Micr...
9h ago
Huawei's high-profile consumer boss Richard Yu shifts role
(Reuters) - China's Huawei Technologies has named the high-profile chief of its consumer business, Yu Chengdong, to a new rol...
9h ago