Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
Category: Business
Delta Air assures US lawmakers it will not personalize fares using AI
By David Shepardson WASHINGTON (Reuters) -Delta Air Lines said on Friday it has not used artificial intelligence to set personalized…
NFL deals Red Zone, NFL Media assets to ESPN in billion-dollar agreement, the Athletic reports
(Reuters) -The NFL and Disney’s ESPN have reached a deal, potentially worth billions, placing many of the league’s media holdings…
Google to invest $6 billion in southern India data centre, sources say
By Sudarshan Varadhan SINGAPORE (Reuters) -Google will invest $6 billion to develop a 1-gigawatt data centre and its power infrastructure…
Apple earnings under pressure from tariffs, slow AI roll-out
By Akash Sriram and Zaheer Kachwala (Reuters) -Long seen as the safest Big Tech bet, Apple is heading into Thursday’s…
Visa third-quarter profit rises on resilient consumer spending
(Reuters) -Visa reported a rise in third-quarter profit on Tuesday, as the payments processing company was helped by strong card…
Starbucks beats revenue estimates on China strength, turnaround strategy
By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Thursday, as steadying sales in China and…
Steelmaker Nucor quarterly profit falls on rising raw material costs
(Reuters) -Nucor on Monday posted a fall in second-quarter profit, as rising raw material costs pressured the company’s steelmaking segment,…
Intel slumps as potential foundry exit deepens investor gloom
By Rashika Singh and Deborah Mary Sophia (Reuters) -Intel shares sank 8% on Friday after the company warned of exiting…
3M plant receives PFAS subpoena from Kentucky regulator
(Reuters) -3M’s Cynthiana facility received a subpoena in May seeking information about PFAS and alleged hazardous substances used or released…