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‘It’s expensive being an AI company’: Snap shares sink 19% after weaker than expected guidance
© Reuters. Investing.com -- Snap Inc. (NYSE:) shares sank 19% in pre-open Wednesday trading after…
Microsoft falls 4% on plans to accelerate AI and cloud spending; analysts remain positive
© Reuters. Investing.com -- Microsoft Corporation (NASDAQ:) reported better-than-expected fiscal fourth-quarter results, led by growth…
Visa tops estimates as cross-border spending boosts results; seen as a core LT holding
© Reuters. Investing.com -- Visa (NYSE:) beat expectations on adjusted profit and revenue as cross-border payment…
Thermo Fisher Scientific earnings missed by $0.28, revenue fell short of estimates
© Reuters. Thermo Fisher Scientific earnings missed by $0.28, revenue fell short of estimates Investing.com…
UPS deal burnishes US Teamsters leader’s image as one ‘tough SOB’
© Reuters. Sean O'Brien, President of the International Brotherhood of Teamsters, speaks to UPS Teamsters…
AI industry leaders create forum to regulate big machine learnings models
© Reuters. FILE PHOTO: Google, Microsoft and Alphabet logos and AI Artificial Intelligence words are…
Hilton posts better-than-expected Q2 revenue on strong travel demand
© Reuters. FILE PHOTO: Hilton Midtown hotel is seen on 52nd street in New York…
US machinery makers eye bumper earnings for now, but inventory glut looms
© Reuters. FILE PHOTO: John Deere tractors are seen for sale at a dealer in…
UBS agrees to pay $388 million over Credit Suisse’s Archegos failings
© Reuters. FILE PHOTO: The logo of Swiss bank UBS is seen at the company's…
Google owes $338.7 million in Chromecast patent case, US jury says
© Reuters. FILE PHOTO: The logo of Google LLC is seen at the Google Store…
American Airlines union postpones vote for contract agreement
© Reuters. (Reuters) - American Airlines (NASDAQ:)' pilot union has indefinitely postponed the ratification vote…
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
© Reuters. FILE PHOTO: Todd Boehly, co-founder, chairman and CEO of Eldridge, speaks at the…
Toyota joint venture cuts 1000 jobs in China
© Reuters. Toyota (TM) joint venture cuts 1,000 jobs in China Toyota Motor Corporation (NYSE:)…
AMD ‘by far the most controversial stock’ – Citi
© Reuters AMD (AMD) 'by far the most controversial stock' - Citi Citi analysts said…
Midday movers: Mattel, AMC Entertainment, Spotify and more
© Reuters Investing.com -- U.S. stocks were rising on Monday as investors soaked in more…