DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall
By Granth Vanaik (Reuters) -DoorDash on Thursday forecast a quarterly profitability metric below Wall Street expectations, hurt by higher labor…
Category: Business
As earnings loom, Nvidia options traders brace for monster share move
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are betting Nvidia’s upcoming earnings…
AI firms surge after chip giant Nvidia discloses stake
By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…
Wall Street ends higher, lifted by Uber, Lyft and Nvidia
By Noel Randewich and Johann M Cherian (Reuters) -Wall Street ended sharply higher on Wednesday as ride-hailing platforms Lyft and…
Nvidia replaces Alphabet as Wall St’s third most valuable company
By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking…
Berkshire trims Apple, sheds four stocks, mum on new investment
By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Walmart in talks to buy Vizio for more than $2 billion, WSJ reports
By Siddharth Cavale (Reuters) -Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall…
Uber, Lyft, DoorDash drivers to strike on Valentine’s Day for fair pay
By Akash Sriram (Reuters) -Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash are expected to…
AI frenzy puts Nvidia briefly ahead of Amazon in market value
(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker…