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Category: Business

Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback
Business

Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback

(Reuters) -Visa beat Wall Street estimates for quarterly profit on Tuesday, as the world’s largest payment processor benefited from a…

April 29, 2025
Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand
Business

Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand

(Reuters) – Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its…

April 29, 2025
UBS hires banker Kelvin Quezada from Barclays to bolster M&A
Business

UBS hires banker Kelvin Quezada from Barclays to bolster M&A

By Sabrina Valle NEW YORK (Reuters) – Kelvin Quezada is set to join UBS as managing director in the Unified…

April 29, 2025
Chip design software maker Cadence raises annual forecasts on steady AI demand
Business

Chip design software maker Cadence raises annual forecasts on steady AI demand

(Reuters) -Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its…

April 28, 2025
BlackRock CEO boosts holding in ‘undervalued’ UK assets, The Times reports
Business

BlackRock CEO boosts holding in ‘undervalued’ UK assets, The Times reports

(Reuters) -BlackRock has been acquiring billions of pounds of UK assets it considers “undervalued,” The Times newspaper reported on Thursday,…

April 24, 2025
T-Mobile misses estimates for wireless subscriber additions; shares fall
Business

T-Mobile misses estimates for wireless subscriber additions; shares fall

(Reuters) -T-Mobile reported on Thursday fewer new wireless subscribers than Wall Street expected for the first quarter, as rivals dial…

April 24, 2025
Google says will buy back $70 billion in shares, posts earnings beat
Business

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…

April 24, 2025
TSMC shows off new tech for stitching together bigger, faster chips
Business

TSMC shows off new tech for stitching together bigger, faster chips

By Stephen Nellis and Max A. Cherney SANT CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co on Wednesday unveiled technology for…

April 23, 2025April 23, 2025
Explainer-What happens to Apple and Meta after the EU fine?
Business

Explainer-What happens to Apple and Meta after the EU fine?

By Supantha Mukherjee STOCKHOLM (Reuters) -European Union antitrust regulators on Wednesday fined Apple 500 million euros ($570 million) and Meta…

April 23, 2025April 23, 2025
Musk’s Neuralink could fetch $8.5 billion valuation, Bloomberg News reports
Business

Musk’s Neuralink could fetch $8.5 billion valuation, Bloomberg News reports

(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…

April 23, 2025April 23, 2025

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