Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
Category: Business
Super Micro cuts annual revenue forecast; shares fall
(Reuters) -Super Micro Computer trimmed its fiscal 2025 revenue expectation on Tuesday, adding to concerns around the server maker’s position…
Lucid sticks to annual production forecast even as tariff woes hit automakers
(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…
Rivian to build $120 million Illinois supplier park to lower tariff-related costs
(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
US FDA accepts Novo Nordisk’s application for oral Wegovy for weight loss
(Reuters) -The U.S. Food and Drug Administration has accepted Novo Nordisk’s marketing application for an oral version of its weight-loss…
Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply
(Reuters) – Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June…
Google funding electrician training as AI power crunch intensifies
By Laila Kearney NEW YORK (Reuters) -Google will fund the training of tens of thousands of new U.S. electricians, the…
Albemarle posts loss on sliding lithium prices, keeps 2025 outlook
(Reuters) -Albemarle, the world’s largest producer of lithium for electric vehicle batteries, posted a small quarterly loss on Wednesday due…
UnitedHealth names insider Patrick Conway as Optum CEO
(Reuters) -UnitedHealth Group on Tuesday said insider Patrick Conway will take on the top job at Optum, its health services…