Target issues weak forecast as shoppers pull back; shares tumble
Daily Trader Insights By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer...
Daily Trader Insights
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he...
AutoZone’s quarterly profit beats estimates on demand for car parts
(Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for...
Robinhood lowers interest rate on margin loans in growth push
By Niket Nishant (Reuters) – Trading app Robinhood Markets is lowering the rate of interest...
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to...
Microsoft talks up tools for making AI software
By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed...
Palo Alto Networks forecasts quarterly billings above estimates
(Reuters) – Palo Alto Networks forecast fourth-quarter billings above Wall Street estimates on Monday, a...
JPMorgan expects rising interest income while citing economic risks
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) -JPMorgan Chase predicted it would earn...
Microsoft to unveil AI devices and features ahead of developer conference
By Max A. Cherney SEATTLE (Reuters) – Microsoft plans to announce several pieces of hardware...
Apple slashes iPhone prices in China amid fierce Huawei competition
BEIJING (Reuters) – Apple has launched an aggressive discounting campaign on its official Tmall site...