AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations
By Harshita Mary Varghese (Reuters) -Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday…
Day: May 1, 2024
JPMorgan says its Russia assets may be seized after lawsuits in Russia, US
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase said in a filing on Wednesday that its assets in Russia may…
Carvana shares soar on upbeat forecast for core profit, retail sales
(Reuters) -Shares of Carvana surged nearly 30% in extended trading on Wednesday after the used-car seller forecast a surprise rise…
Kroger in talks to bring Disney+ to its grocery delivery program, Bloomberg News says
(Reuters) – Kroger and Walt Disney’s are in talks to bring streaming service Disney+ to the food retailer’s grocery delivery…
Musk disbands Tesla EV charging team, leaving customers in the dark
By Joseph White, Akash Sriram and Nora Eckert DETROIT (Reuters) -Elon Musk’s abrupt decision to lay off employees who ran…
Amazon results beat estimates, revenue forecast misses
By Greg Bensinger and Yuvraj Malik (Reuters) -Amazon.com reported quarterly results above Wall Street’s expectations on Tuesday, as interest in…