Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday said it expects consumer caution to persist after it…
Author: Trading Reports Daily
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal…
Microsoft talks up tools for making AI software
By Max A. Cherney SEATTLE (Reuters) – Microsoft talked up new tools on Tuesday aimed at encouraging programmers to build…
BlackRock whistleblower sues over firing, shutdown of China monitoring tool
By Jonathan Stempel NEW YORK (Reuters) -BlackRock was sued for $20 million by a whistleblowing former vice president who said…
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to wait for a more powerful…
Second global AI summit secures safety commitments from companies
By Joyce Lee SEOUL (Reuters) -Sixteen companies at the forefront of developing Artificial Intelligence pledged on Tuesday at a global…
Exclusive-Western decisions on key military aid to Ukraine are too slow, Zelenskiy says
By Mike Collett-White and Dan Peleschuk KYIV (Reuters) – Western allies are taking too long to make key decisions on…
Dell deepens AI push with new PCs, Nvidia-powered servers
By Jaspreet Singh and Arsheeya Bajwa (Reuters) -Dell Technologies unveiled a range of AI-enabled PCs powered by Qualcomm processors and…
Zoom Video raises full-year revenue forecast
(Reuters) -Zoom Video Communications raised its full-year revenue forecast on Monday, helped by robust demand for its product portfolio as…
JPMorgan raises 2024 interest income forecast to $91 billion
NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what…