By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday,…
Qualcomm beats estimates on China strength, shares rise
By Stephen Nellis and Chavi Mehta (Reuters) – Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets…
Disney to buy remaining 33% stake in Hulu from Comcast for at least $8.6 billion
By Dawn Chmielewski and Helen Coster LOS ANGELES/NEW YORK (Reuters) -Walt Disney on Wednesday formally began the process of buying…
Roku forecasts strong revenue on subscriber, ad strength; shares jump 17%
(Reuters) -Roku forecast fourth-quarter revenue above Wall Street estimates after posting better-than-expected revenue growth in the previous three months on…
Tesla wins first US Autopilot trial involving fatal crash
By Dan Levine and Hyunjoo Jin (Reuters) -Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot…
After 100 years of innovating entertainment, Disney is at a crossroads
By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s…
Walmart to upgrade 1,400 stores with $9 billion investment
By Siddharth Cavale NEW YORK (Reuters) – U.S. retail chain Walmart on Monday said it is investing more than $9…
Morgan Stanley may pay up to $1 billion to resolve US probe into private stock sales – Semafor
(Reuters) -Morgan Stanley may pay between $500 million and $1 billion to resolve a long-running U.S. probe into how it…
BP shares slump as Q3 profit misses forecast on weak gas
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’…
Caterpillar shares fall on equipment demand concerns despite earnings beat
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar reported a double-digit rise in profit on Tuesday, beating Wall Street estimates…