Intel forecast falls short of estimates, fanning tariff worries
By Max A. Cherney, Arsheeya Bajwa and Stephen Nellis (Reuters) – Intel forecast second-quarter revenue below Wall Street estimates on…
Google says will buy back $70 billion in shares, posts earnings beat
(Reuters) -Google parent Alphabet said it would buy back $70 billion worth of shares as it reported first-quarter profit above…
IBM says 15 contracts impacted by DOGE cost cuts, shares drop
By Arsheeya Bajwa and Juby Babu (Reuters) -International Business Machines said 15 of its government contracts were shelved under a…
Chipotle tempers annual sales forecast as dining-out takes a hit
(Reuters) – Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty…
Musk’s X sues to block Minnesota ‘deepfake’ law over free speech concerns
By Tom Hals WILMINGTON, Delaware (Reuters) -Elon Musk’s social media platform X sued Minnesota on Wednesday over a state law…
Trump’s cabinet ready to take back power with Musk stepping back, sources say
By Nandita Bose and Alexandra Alper WASHINGTON (Reuters) -Members of President Donald Trump’s cabinet will likely move to limit the…
AI economic gains likely to outweigh emissions cost, says IMF
(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing…
Google contemplated exclusive Gemini AI deals with Android makers
By Jody Godoy WASHINGTON (Reuters) -Alphabet’s Google contemplated deals with Android phone makers such as Samsung last year that would…
Nvidia-backed CoreWeave gets largely bullish coverage from brokerages
By Joel Jose and Siddarth S (Reuters) -Wall Street brokerages on Tuesday began coverage of Nvidia-backed CoreWeave with broadly bullish…
PulteGroup beats quarterly results estimates as incentives lift housing demand
(Reuters) -PulteGroup’s first-quarter profit and revenue beat Wall Street estimates on Tuesday, as the company’s incentives helped improve housing demand.…