China’s Zeekr prices US IPO at top of range to raise $441 million
Daily Trader Insights By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent...
May 2024
Elon Musk may be compelled to testify again in SEC’s Twitter takeover probe
SAN FRANCISCO (Reuters) – A federal judge on Thursday indicated a willingness to compel Elon...
Tesla interfered with union organizing at New York plant, US agency claims
By Daniel Wiessner (Reuters) -Tesla has been accused by a U.S. labor agency of discouraging...
Apple to power AI servers with its chips, Bloomberg News reports
(Reuters) – Apple will deliver some of its upcoming artificial intelligence features this year through...
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
(This May 8 story has been corrected to clarify that nights and experiences booked rose...
Robinhood’s crypto business drives massive earnings beat
By Sri Hari N S and Niket Nishant (Reuters) -Online brokerage Robinhood Markets beat estimates...
GM to end production of Chevy Malibu as it shifts to EVs
By David Shepardson (Reuters) -General Motors said Wednesday it will end production of its gasoline-powered...
Shopify’s downbeat revenue growth forecast sends shares to six-month low
By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue...
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for...
Reddit’s strong forecasts spark share surge after first results since IPO
By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second...