By Mike Scarcella WASHINGTON (Reuters) -Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully
Day: May 3, 2024
Exxon to take 18-24 months to hit full stride with Pioneer purchase
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of
Tech platforms make pitch for ad deals as TikTok is roiled by politics
By Sheila Dang (Reuters) – Short-form video took center stage at tech and social media companies’ annual presentations to advertisers, as platforms like Snap and
Apple shares jump as record buyback and upbeat forecast lure investors
By Aditya Soni (Reuters) -Apple shares jumped 7% on Friday as the iPhone maker’s record stock buyback plan and promise of sales growth brought back
Amgen jumps after teasing weight-loss drug data, rival stocks fall
By Manas Mishra and Christy Santhosh (Reuters) -Amgen shares headed for their best session since 2009 on Friday after the U.S. drugmaker hinted at encouraging
Shell smashes forecasts with $7.7 billion quarterly profit
By Ron Bousso LONDON (Reuters) -Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining
Qualcomm jumps as AI sparks rebound in Chinese smartphone market
(Reuters) – Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand,