‘Big Short’ investor Michael Burry doubles stake in cosmetics maker Estee Lauder
By Anuja Bharat Mistry (Reuters) -Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder, at a time…
Berkshire doubles Constellation stake, sheds Citigroup
The 2:59 PM Trade ⏳ The Last Undervalued A.I. Stock in America? [adv] The 2:59 PM Trade [sponsor] It’s Friday…
UnitedHealth shares slide as criminal probe report adds to investor fears
(Reuters) -UnitedHealth Group shares fell nearly 7% in premarket trading on Thursday, after the Wall Street Journal reported that the…
AI firm Cohere doubles annualized revenue to $100 million on enterprise focus
By Echo Wang NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year,…
Applied Materials misses second-quarter revenue estimates
(Reuters) -Chipmaking equipment maker Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, against the backdrop of heightened…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…
Netflix says ad-supported service has 94 million subscribers
The Trade War Over Critical Metals Is Heating Up-One Firm Is on the Front Lines ⏳ The Last Undervalued…
Uber and iFood announce strategic partnership in Brazil
By Luciana Magalhaes SAO PAULO (Reuters) -Uber Technologies Inc and iFood, a Brazilian food delivery app, on Wednesday announced a…
Cisco lifts annual forecast on AI boost, names insider Patterson as new CFO
(Reuters) -Cisco Systems said on Wednesday that its finance chief Scott Herren will retire from the company in July 26,…
Nvidia-backed CoreWeave rides AI wave in first results as public company
(Reuters) -Nvidia-backed CoreWeave beat Wall Street estimate for quarterly revenue on Wednesday, in its first set of results as a…