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Day: November 7, 2024

US military ready to carry out lawful orders of next Trump administration, avoid politics, Pentagon chief says
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US military ready to carry out lawful orders of next Trump administration, avoid politics, Pentagon chief says

November 7, 2024January 28, 2025

By Idrees Ali and Phil Stewart WASHINGTON (Reuters) – U.S. Defense Secretary Lloyd Austin told troops in a memo released on Thursday that the Pentagon

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Moderna reports surprise profit on higher-than-expected COVID vaccine sales
Business

Moderna reports surprise profit on higher-than-expected COVID vaccine sales

November 7, 2024January 28, 2025

By Patrick Wingrove (Reuters) -Moderna reported a surprise third-quarter profit on Thursday, driven by cost cutting and higher-than-expected sales of its COVID-19 vaccine, even with

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Fed set to cut rates as Trump’s victory reshapes economic outlook
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Fed set to cut rates as Trump’s victory reshapes economic outlook

November 7, 2024January 28, 2025

By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the

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Datadog raises annual forecast betting on AI-driven cybersecurity demand
Business

Datadog raises annual forecast betting on AI-driven cybersecurity demand

November 7, 2024January 28, 2025

(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for its AI-backed cybersecurity products. Shares

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