Intel on track for cumulative software sales of $1 billion by end 2027, exec says
Daily Trader Insights By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the...
Business
ConocoPhillips, Marathon Oil get second US FTC request over $22.5 billion deal
(Reuters) – Top U.S. independent oil producer ConocoPhillips said on Friday it received a second...
PepsiCo quarterly revenue misses estimates as demand slows for snacks, sodas
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -PepsiCo missed expectations for second-quarter revenue on...
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block...
Wall Street analysts bullish on genetic testing firm Tempus AI
(Reuters) – Wall Street brokerages started covering SoftBank Group-backed Tempus AI on a bullish note...
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks...
Vistra, Constellation Energy surge on clean energy demand bets to power AI tech
By Medha Singh and Seher Dareen (Reuters) – Nuclear power companies Constellation Energy and Vistra...
China’s BYD plans $894 million EV parts project, state media says
BEIJING (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to build a...
EV maker Lucid beats quarterly deliveries estimates helped by price cuts
(Reuters) -Lucid Group reported second-quarter deliveries above analysts’ estimates on Monday, as price cuts bolstered...
US miners push Washington to revive long-dormant Bureau of Mines
By Ernest Scheyder (Reuters) – Mining trade groups plan to push Washington to revive and...