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Day: May 7, 2024

Reddit’s strong forecasts spark share surge after first results since IPO
Business

Reddit’s strong forecasts spark share surge after first results since IPO

May 7, 2024May 8, 2024

By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second quarter thanks to its booming advertising business and content-licensing deals

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Meta to expand AI image generation offerings for ads
Business

Meta to expand AI image generation offerings for ads

May 7, 2024May 8, 2024

NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of generative AI ads

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Inflation “settling” high could pose new risks for the Fed, economy
Business

Inflation “settling” high could pose new risks for the Fed, economy

May 7, 2024May 8, 2024

By Howard Schneider WASHINGTON (Reuters) -Inflation lodged above the U.S. Federal Reserve’s 2% target could leave policymakers saddled with the difficult choice in coming months

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Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
Business

Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million

May 7, 2024May 7, 2024

(This May 6 story has been corrected to fix the spelling of BOKA Group and Lux Capital in paragraph 2) By Joey Roulette WASHINGTON (Reuters)

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  • Tesla wants US to withhold all answers on robotaxi deployment from public view

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