(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for its AI-backed cybersecurity products. Shares
Category: Business
European clean energy stocks tumble as Trump wins US presidency
By Stine Jacobsen COPENHAGEN (Reuters) -Shares in European clean energy groups plummeted on Wednesday after Donald Trump was elected president of the United States, as
Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst
(Reuters) -Shares of Super Micro Computer tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual
Yum Brands reports surprise fall in global sales amid KFC’s struggles in US
(Corrects paragraph 2 to say KFC US same-store sales fell 5%, not 7%) (Reuters) – Yum Brands reported a surprise fall in worldwide same-store sales
Fox Corp tops revenue targets on political ad boom ahead of US election
(Reuters) -Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political advertising ahead of the U.S.
Robot AI startup Physical Intelligence raises $400 million from Bezos, OpenAI
(Reuters) – Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400 million in early-stage funding from
Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion
(Reuters) – Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in
Boeing CEO: time for planemaker to ‘focus on rebuilding the business’
(Reuters) – Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal that includes a 38%
Amazon’s plan to tackle Temu, Shein? Sell more toothpaste
By Arriana McLymore and Ananya Mariam Rajesh (Reuters) – Amazon’s push to offer more everyday essentials like toothpaste is hurting its average selling prices, but
EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
(Reuters) – Nikola reported a bigger-than-expected quarterly loss on Thursday as the company continues to grapple with high costs related to the production ramp up