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Category: Business

Business

Zoom Video raises full-year revenue forecast

(Reuters) -Zoom Video Communications raised its full-year revenue forecast on Monday, helped by robust demand for its product portfolio as…

May 20, 2024January 27, 2025
Business

JPMorgan raises 2024 interest income forecast to $91 billion

NEW YORK (Reuters) -JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what…

May 20, 2024January 27, 2025
Business

Bitcoin ETFs drew bets from Millennium Mgt, Wisconsin Retirement System in Q1

By Suzanne McGee and Hannah Lang (Reuters) – A handful of hedge funds, including Millennium Management LLC, and other asset…

May 17, 2024January 27, 2025
Business

J&J-backed startup Rapport files for US IPO

(Reuters) – Biopharmaceutical company Rapport Therapeutics, backed by the venture capital arm of Johnson & Johnson, filed for an initial…

May 17, 2024January 27, 2025
Business

US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban

By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department and TikTok on Friday asked a U.S. appeals court to set…

May 17, 2024January 27, 2025
Business

Swedish EV maker Polestar gets Nasdaq notice on potential de-listing

(Reuters) -Swedish electric vehicle firm Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s…

May 17, 2024January 27, 2025
Business

Under Armour forecasts underwhelm on patchy demand, unveils restructuring

By Juveria Tabassum (Reuters) -Under Armour on Thursday forecast a surprise fall in sales for the year and laid out…

May 17, 2024January 27, 2025
Business

Boeing supplier Spirit AeroSystems to lay off about 400 employees, memo says

(Reuters) -Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo,…

May 17, 2024January 27, 2025
Business

Analysis-Walmart’s strong forecast signals a resilient consumer

By Siddharth Cavale and Aishwarya Venugopal (Reuters) – A positive forecast from retail bellwether Walmart on Thursday signaled a resilient…

May 16, 2024January 27, 2025
Business

Tesla gets local council go-ahead for German factory expansion

GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from…

May 16, 2024January 27, 2025

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