By Aditya Soni and Kenrick Cai (Reuters) – Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on
Category: Business
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell. The online
Intel is sued by shareholders alleging securities fraud
(Reuters) – Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon
Disney may have to pay $5 billion more for Comcast’s Hulu stake
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake
Musk’s X accuses advertisers of illegal boycott in new lawsuit
By Mike Scarcella (Reuters) – Elon Musk’s social media platform X on Tuesday sued a global advertising alliance and several major companies, including Mars and
Microsoft blames Delta for its struggle to recover from global cyber outage
By Rajesh Kumar Singh CHICAGO (Reuters) – Microsoft blamed Delta Air Lines on Tuesday for its dayslong struggle to recover from a global cyber outage
Intel shares set to fall most in 24 years as it struggles with turnaround
(Reuters) – Intel was set to erase nearly $25 billion in market value on Friday in what would be its worst selloff since 2000 after
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported slowing online sales growth in the second quarter and said
Carvana shares surge on robust 2024 core profit forecast
(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual core profit above Wall Street
Roblox lifts bookings forecast as mature content draws more paying gamers
By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during the summer holidays and more