(Reuters) – Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year…
Stunning rally in Big Tech drives Nasdaq to 20,000
By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) – The Nasdaq Composite Index hit 20,000 for…
Warburg Pincus not considering an IPO anytime soon, CEO says
By Echo Wang and Carolina Mandl NEW YORK (Reuters) -Warburg Pincus, a private equity firm with about $86 billion in…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump
By Patrick Wingrove (Reuters) – Eli Lilly CEO David Ricks on Tuesday said at the Economic Club of Washington that…
US sanctions targets include former SriLankan Airlines CEO over Airbus deal
WASHINGTON (Reuters) – The U.S. State Department announced a slew of sanctions on Monday to mark International Anti-Corruption Day and…
Kinder Morgan forecasts higher profit in 2025
(Reuters) -Kinder Morgan forecast higher earnings for 2025 on Monday as the U.S. pipeline operator bets on growth in its…
Allianz wants to redistribute three quarters of profit to shareholders
MUNICH, Germany (Reuters) – Germany’s Allianz said on Monday it plans to distribute at least three-quarters of its net profit…
Oracle misses quarterly results estimates on stiff cloud competition
(Reuters) -Oracle missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…