Cisco beats earnings expectations as AI spurs networking gear demand
(Reuters) -Cisco Systems forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, helped by improving…
November 2024
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly…
Republican Dave McCormick wins US Senate seat in Pennsylvania, DDHQ projects
By Bo Erickson (Reuters) -Republican Dave McCormick won the U.S. Senate election in Pennsylvania, Decision Desk HQ projected on Thursday,…
Advance Auto Parts to close stores, cut jobs amid sluggish demand
(Reuters) -Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs as…
Democrats in Congress urge Biden to sanction Israelis over West Bank violence
By Patricia Zengerle WASHINGTON (Reuters) – Nearly 90 Democratic lawmakers urged U.S. President Joe Biden to sanction members of Israeli…
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
(Reuters) – World’s third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering…
Robot AI startup Physical Intelligence raises $400 million from Bezos, OpenAI
(Reuters) – Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400…
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
By Ricardo Brito BRASILIA (Reuters) – Brazilian authorities are preparing to remove illegal gold miners from an Indigenous reservation in…