By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace
Month: November 2024
Disney nears tipping point as streaming profits start to offset cable decline
By Aditya Soni and Jaspreet Singh (Reuters) – Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming
Musk’s SpaceX preparing to launch tender offer in Dec at $135/share, sources say
By Krystal Hu and Kenrick Cai (Reuters) -Elon Musk’s SpaceX is preparing to launch a tender offer in December to sell existing shares at a
FanDuel settles MLB union lawsuit over use of player likenesses
By Blake Brittain Major League Baseball’s players union settled a lawsuit that accused sports betting giant FanDuel of using the names and likenesses of hundreds
Analysis-Elliott’s $5 billion Honeywell gambit: would a split pay off?
By Utkarsh Shetti and Nathan Gomes (Reuters) – Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered
Exclusive-Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw (Reuters) – President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of
Factbox-Who could be in the running for Trump’s health team?
By Michael Erman and Patrick Wingrove (Reuters) – As President-elect Donald Trump’s transition team vets candidates for key healthcare positions, pharmaceutical industry sources said the
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly earnings that beat Wall Street’s
TikTok launches AI-powered video platform to advertisers globally
(Reuters) – ByteDance-owned TikTok on Thursday announced the global availability of its generative AI video creation platform, Symphony Creative Studios, to all advertisers, as the
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
By Jody Godoy WASHINGTON (Reuters) -Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that