Boeing says it’s ramping up seeker production as Patriot demand surges
(Reuters) – Boeing on Wednesday said it has been ramping up its production of PAC-3 seekers – critical components used…
Category: Business
Disney may have to pay $5 billion more for Comcast’s Hulu stake
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more…
Nike sees gold rush with summer Olympics driven website visits, sales
By Ananya Mariam Rajesh (Reuters) – The summer Olympics is turning out to be a rare win for Nike as…
Sleepy utilities sector shines as haven from US stock turbulence
By Lewis Krauskopf NEW YORK (Reuters) – Shares of utilities companies are presenting investors with a rare bright spot in…
Lucid gets up to $1.5 billion in funding from Saudi shareholder
(Reuters) -Lucid Group said on Monday its largest shareholder, Saudi Arabia’s Public Investment Fund, will inject up to $1.5 billion…
Nvidia’s AI chip demand to face limited impact from potential production delay, analysts say
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may be exaggerated, analysts said, as…
Delay to Nvidia’s new AI chip could affect Microsoft, Google, Meta, the Information says
(Reuters) – Design flaws could cause a delay of three months or more in the launch of chip giant Nvidia’s…
Exclusive-Data provider Dun & Bradstreet explores sale, sources say
By Milana Vinn, Anirban Sen and David French NEW YORK (Reuters) – Data and analytics provider Dun & Bradstreet, which…
Roblox lifts bookings forecast as mature content draws more paying gamers
By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during…
Carvana shares surge on robust 2024 core profit forecast
(Reuters) – Shares of Carvana surged nearly 13% in premarket trade a day after the used car retailer forecast annual…