(Reuters) -Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker’s diversity,
Category: Business
Pinterest shares jump as AI advertisement tools drive forecasts
By Jaspreet Singh (Reuters) – Pinterest’s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered tools would spur
Amazon’s cloud business faces crucial test after rivals Microsoft, Google stumble
By Deborah Mary Sophia (Reuters) – The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday,
BlackRock prepares to launch bitcoin exchange-traded product in Europe, source says
By Iain Withers LONDON (Reuters) – BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the
MicroStrategy deepens bitcoin focus with rebrand
(Reuters) – MicroStrategy, the biggest corporate holder of bitcoin, said on Wednesday it would now operate as “Strategy” and unveiled a new logo to emphasize
Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the Chinese government, even
Palantir shares jump on upbeat revenue outlook as businesses adopt AI
(Reuters) – Palantir shares rallied over 18% in premarket trading after it forecast upbeat annual revenue fueled by strong demand for its software and data
PayPal’s profit push slows unbranded business growth, shares drop 10%
By Manya Saini (Reuters) -PayPal’s shares fell nearly 10% on Tuesday, after the digital payments giant’s unbranded card processing business saw a sharp slowdown in
Merck stops Gardasil shipments to China, hitting 2025 outlook; shares tumble
By Michael Erman and Mariam Sunny (Reuters) -Merck said on Tuesday it would not ship its HPV vaccine Gardasil in China until at least the
Tesla loses market share in Sweden, Norway as Musk looms large
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as the U.S. electric vehicle maker