AutoZone’s quarterly profit beats estimates on demand for car parts
Daily Trader Insights (Reuters) – AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for...
Business
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...
Apple slashes iPhone prices in China amid fierce Huawei competition
BEIJING (Reuters) – Apple has launched an aggressive discounting campaign on its official Tmall site...
Reddit stock jumps after OpenAI partnership
(Reuters) – Shares of Reddit rose 14% on Friday, following a partnership with artificial intelligence...
Bitcoin ETFs drew bets from Millennium Mgt, Wisconsin Retirement System in Q1
By Suzanne McGee and Hannah Lang (Reuters) – A handful of hedge funds, including Millennium...
Investors reach for riskier assets as fear seeps out of markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks are at fresh records, bitcoin...