Tesla to add Chipotle executive Jack Hartung to board
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the…
Business
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
‘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…
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,…
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…