By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above Wall Street estimates…
Facebook-parent Meta beats revenue estimates on digital ad strength
By Katie Paul and Yuvraj Malik NEW YORK (Reuters) -Meta Platforms beat expectations for third-quarter profit and revenue on Wednesday,…
FedEx says U.S. Express service disrupted, blames FAA IT outage overnight
LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to an overnight Federal…
Oil prices settle up about 2% on worries about Middle East
By Nicole Jao NEW YORK (Reuters) -Oil prices rose about 2% on Wednesday, buoyed by worries about conflict in the…
Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit
By Jonathan Stempel, Diane Bartz and Nate Raymond (Reuters) – Dozens of U.S. states are suing Meta Platforms and its…
Google-parent Alphabet’s cloud division misses revenue estimates, as Microsoft’s cloud booms
By Max A. Cherney and Akash Sriram (Reuters) -Google-parent Alphabet’s cloud business crawled to its slowest in at least 11…
Qualcomm unveils new PC laptop chip with AI features for 2024
By Stephen Nellis (Reuters) – Qualcomm on Tuesday gave details about a chip for Microsoft Windows-based laptops that it claims…
Biden, Saudi crown prince discuss Israel-Hamas war diplomacy, White House says
WASHINGTON (Reuters) – U.S. President Joe Biden and Saudi Arabian Crown Prince Mohamed bin Salman held a call on Tuesday…
RTX beats Q3 estimates, approves $10 billion share repurchase
By Pratyush Thakur, Mike Stone and Valerie Insinna (Reuters) -RTX reported better-than-expected quarterly earnings on Tuesday, as a strong performance…
Take Five: Another curve ball for markets
(Reuters) -Escalating tension in the Middle East and surging U.S. bond yields set financial markets up for more turbulence, exacerbated…