(Reuters) – J.P.Morgan cut its price target on Tesla’s stock as the brokerage expects a second straight year of lower deliveries, with analysts also pointing
Category: Business
Verizon warns of ‘soft’ subscriber growth on strong competition, shares fall
(Reuters) – Verizon warned on Tuesday that first-quarter subscriber growth would likely be “soft” as rival carriers attract customers with promotions, sending its shares down
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville NEW YORK (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the firms said
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak margin prospects. S&P said it
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 19% and dragged down rival chipmakers on Thursday, after an in-line revenue forecast gave investors another reason
Apple launches new MacBook Air models with latest M4 chip, cuts price
(Reuters) -Apple on Wednesday unveiled new MacBook Air models with latest M4 chip and artificial-intelligence features at a price $100 lower than the previous generation,
Apple appeals to overturn UK government’s ‘back door’ order, Financial Times reports
(Reuters) -Apple has appealed a British government order to create a “back door” in its most secure cloud storage systems, the Financial Times reported on
Exclusive-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say
By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE (Reuters) – Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar
CME Group plans to launch Solana futures on March 17
By Suzanne McGee (Reuters) – CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending
Skype’s final call set for May as Microsoft prioritizes Teams
(Reuters) – Skype will ring for the last time on May 5 as owner Microsoft retires the two-decade-old internet calling service that redefined how people