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Day: May 2, 2025
Block’s shares tumble after 2025 profit forecast cut defies sector trends
By Niket Nishant (Reuters) -Block’s shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025
US equity funds see outflows for third straight week
(Reuters) -U.S. equity funds witnessed outflows for a third straight week through April 30, driven by worries over the impact of U.S. trade policies on
Trump budget proposes drastic cuts for US scientific research
By Ahmed Aboulenein WASHINGTON (Reuters) -The White House wants to reduce U.S. health spending by more than a quarter next year, with the National Institutes
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports
(Reuters) -Apple is partnering with Amazon-backed startup Anthropic on a new “vibe-coding” software platform that will use artificial intelligence to write, edit, and test code