By Allison Lampert and David Shepardson (Reuters) -Boeing will burn rather than generate cash in 2024 and deliveries will not…
Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to persist after it…
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal…
Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
By Granth Vanaik (Reuters) – Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a…
Nvidia forecasts quarterly revenue above estimates, announces stock split
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast second-quarter revenue above estimates on Wednesday and announced a ten-for-one forward…
Google set to bring ads in search AI Overviews
(Reuters) – Google will start testing search and shopping ads in its AI-generated answers in the U.S., the Alphabet-owned company…
Robinhood lowers interest rate on margin loans in growth push
By Niket Nishant (Reuters) – Trading app Robinhood Markets is lowering the rate of interest it charges on its margin…
Microsoft talks up tools for making AI software
By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build…
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful…
Dell deepens AI push with new PCs, Nvidia-powered servers
By Jaspreet Singh and Arsheeya Bajwa (Reuters) -Dell Technologies unveiled a range of AI-enabled PCs powered by Qualcomm processors and…