Server maker Super Micro cuts third-quarter results forecast
(Reuters) -AI server maker Super Micro Computer said on Tuesday it cut expectations for third-quarter revenue and profit, blaming a…
Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand
(Reuters) – Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its…
Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback
(Reuters) -Visa beat Wall Street estimates for quarterly profit on Tuesday, as the world’s largest payment processor benefited from a…
IBM to invest $150 billion in US over next five years to aid quantum push
By Zaheer Kachwala and Aditya Soni (Reuters) -IBM will invest $150 billion in the U.S., including on facilities for quantum…
Exclusive-Some Amazon sellers are pulling out of Prime Day amid Trump tariffs
By Arriana McLymore, Greg Bensinger NEW YORK (Reuters) -Amazon’s Prime Day is losing its luster among a critical group: sellers….
Chip design software maker Cadence raises annual forecasts on steady AI demand
(Reuters) -Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its…
After yield surge, US Treasury expected to keep auction sizes steady
By Karen Brettell NEW YORK (Reuters) -The U.S. Treasury Department is expected to leave most of its auction sizes unchanged…
DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports
(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI)…
JPMorgan survey shows consensus over weak dollar, US stagflation
(Reuters) -There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…