EBay forecasts quarterly revenue below expectations on weak demand
(Reuters) – E-commerce firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such…
February 2025
Paramount Global misses quarterly revenue estimates on continued cable TV declines
(Reuters) -Paramount Global fell short of Wall Street’s fourth-quarter revenue expectations on Wednesday as a continued decline in its cable…
CRH forecasts further profit growth after 12% jump in 2024
DUBLIN (Reuters) – CRH forecast core profit growth of 6% to 12% in 2025 after the largest building materials producer…
Nvidia: AI boom not dead yet
By Max A. Cherney, Arsheeya Bajwa and Stephen Nellis (Reuters) – Nvidia forecast higher first-quarter revenue on Wednesday, signalling continued…
Want to hire Elon Musk’s lawyer? That will be $3,000 an hour
By Mike Scarcella (Reuters) – A leading attorney for billionaire Tesla CEO Elon Musk and embattled New York Mayor Eric…
BHP to advance $2 billion concentrator optimization at Escondida Mine in Chile
SANTIAGO (Reuters) – BHP will move forward with a $2 billion plan to optimize its concentrator at Escondida, the world’s…
US bank profits climb as regulator adjusts ‘problem bank’ tracking
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…
Microsoft shelves AI data-center deals in sign of potential oversupply, brokerage says
By Aditya Soni (Reuters) – Microsoft has scrapped leases for sizeable data center capacity in the U.S., suggesting a potential…
Berkshire Hathaway shares rise to new high after record profit
By Jonathan Stempel (Reuters) – Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren…