Paramount’s quarterly results beat estimates on direct-to-consumer growth
(Reuters) -Paramount Global beat Wall Street estimates for first-quarter revenue and profit on Thursday, driven by a growth in its…
Business
Netflix to revamp TV app interface, launch AI-powered search for iOS users
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…
Beyond Meat withdraws annual forecasts as US faux meat demand slides
(Reuters) -Beyond Meat on Wednesday withdrew its annual sales target as macroeconomic volatility and high inflation in the United States…
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…
Chip tech provider Arm forecasts first-quarter revenue below estimates
By Arsheeya Bajwa and Stephen Nellis (Reuters) – Arm Holdings forecast first-quarter sales and profit below Wall Street estimates on…
Super Micro cuts annual revenue forecast; shares fall
(Reuters) -Super Micro Computer trimmed its fiscal 2025 revenue expectation on Tuesday, adding to concerns around the server maker’s position…
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
Lucid sticks to annual production forecast even as tariff woes hit automakers
(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…
Palantir raises annual revenue forecast on booming AI demand
(Reuters) -Data and analytics firm Palantir Technologies raised its annual sales forecast on Monday, betting on strong demand for its…
Berkshire’s Brooks Running committed to southeast Asia as tariffs take hold
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Brooks Running, which is owned by Warren Buffett’s Berkshire Hathaway, is committed to keeping…