Gap shares jump 30% to extend months-long bet on new CEO’s revival effort
By Ananya Mariam Rajesh (Reuters) -Gap shares surged more than 30% on Friday as an upbeat quarter gave a fresh…
Category: Business
Apple to make messaging between iPhones and Android devices easier
(Reuters) – Apple said it plans to adopt a messaging standard next year that will allow for a smoother texting…
Amazon eyes $20 billion exports by 2025 from India, says company official
By Manoj Kumar NEW DELHI (Reuters) – Amazon is targeting merchandise exports worth $20 billion from India by 2025 by…
Exclusive-Applied Materials under US criminal probe for shipments to China’s SMIC-sources
By Karen Freifeld (Reuters) -Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on…
IBM suspends ads on X after corporate ads appeared next to pro-Nazi content
(Reuters) – IBM on Thursday said it had immediately suspended all advertising on Elon Musk-owned X after a report found…
Walmart sounds a note of caution on consumers ahead of holidays, shares fall
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as…
Oil prices dive on big US crude stock build, record output
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude…
Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms…
Salesforce’s strong stock price wooed some investors during third quarter – filings
By Svea Herbst-Bayliss NEW YORK (Reuters) – Boasting a booming share price, Salesforce attracted more investor cash during the third…
Investors expand bets on tech stocks as sector still fuels market gains -filings
By Svea Herbst-Bayliss NEW YORK (Reuters) -Several hedge funds expanded their bets on big technology stocks including Amazon, Microsoft and…