Reddit’s strong forecasts spark share surge after first results since IPO
Daily Trader Insights By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second...
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Inflation “settling” high could pose new risks for the Fed, economy
By Howard Schneider WASHINGTON (Reuters) -Inflation lodged above the U.S. Federal Reserve’s 2% target could...
Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
(This May 6 story has been corrected to fix the spelling of BOKA Group and...
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice...
Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with...
EU approves $14.9 billion purchase of U.S. Steel by Japan’s Nippon
(Reuters) -The European Commission on Monday approved U.S. Steel’s $14.9 billion buyout by Japan’s Nippon...
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway...
Paramount bidders await word from special committee evaluating options
By Dawn Chmielewski (Reuters) -A special committee of the Paramount Global board charged with evaluating...
Berkshire pares huge Apple stake as cash, operating profit set records
By Jonathan Stempel OMAHA, Neb. (Reuters) – Berkshire Hathaway significantly reduced its enormous stake in...
Fed’s Williams says 2% inflation target ‘critical’
By Ann Saphir PALO ALTO, California (Reuters) -The U.S. central bank’s 2% target for inflation...