Frazzled U.S. stock investors eye frothy Treasury market as Fed looms
By David Randall NEW YORK (Reuters) -Financial markets are bracing for what could be a momentous week, with a Federal…
Category: Business
Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI
By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from…
Chevron’s third-quarter profit slumps, shares fall
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) -Chevron on Friday posted a third-quarter profit that missed Wall Street estimates…
AbbVie takes $2.1 billion charge on cancer drug ahead of US price negotiation
By Leroy Leo and Christy Santhosh (Reuters) -AbbVie, girding for government price negotiations on its big-selling cancer drug Imbruvica, on…
Amazon rallies on cloud optimism as it chases Microsoft for AI business
By Aditya Soni (Reuters) -Amazon.com rose 7% on Friday on a pick up in growth at its most profitable cloud…
Ford again warns on EV results, withdraws 2023 forecast
By Paul Lienert and Nathan Gomes DETROIT (Reuters) -Ford Motor on Thursday withdrew its full-year results forecast due to “uncertainty”…
Amazon’s cloud stabilizing, shoppers cautious heading into holiday season
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is stabilizing as it…
Chipotle quarterly results shine as burrito cravings defy high prices
By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as unwavering demand for…
OPEC+ members send less oil to U.S., adding to tight supply outlook
By Stephanie Kelly and Alex Lawler NEW YORK (Reuters) – U.S. waterborne imports of crude from OPEC+ members including Saudi…
Tesla gets $100 million US ultra-fast charger order from BP EV charging unit
By Nick Carey LONDON (Reuters) – BP’s electric vehicle charger unit is ordering $100 million worth of Tesla ultra-fast chargers…