Palantir projects revenue above estimates on demand for AI platform
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Data analytics firm Palantir Technologies forecast fourth-quarter revenue above market estimates on Thursday,…
Tag: Updated
Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve held interest rates steady on Wednesday as policymakers…
Clorox bets on strong inventory to help overcome cyber attack hit
By Juveria Tabassum (Reuters) -Clorox said on Wednesday it expects to rebuild customer inventory levels by the end of the…
Disney’s ESPN could be valued at $24 billion, likely buyers include Apple, Verizon – BofA
(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from…
US seeks to block JetBlue’s Spirit Airlines deal at trial
By Nate Raymond BOSTON (Reuters) -The U.S. argued on Tuesday that JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier…
Pfizer looks beyond COVID after quarterly loss on Paxlovid charge
By Bhanvi Satija and Michael Erman (Reuters) – Pfizer on Tuesday urged investors to focus on growth in non-COVID products…
Caterpillar shares fall on equipment demand concerns despite earnings beat
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar reported a double-digit rise in profit on Tuesday, beating Wall Street estimates…
Biden administration aims to cut AI risks with executive order
By Jeff Mason, Trevor Hunnicutt and Alexandra Alper (Reuters) -U.S. President Joe Biden is seeking to reduce the risks that…
US says fine warranted in Southwest Airlines holiday meltdown
By David Shepardson (Reuters) -The U.S. Transportation Department told Southwest Airlines a civil fine is warranted over the airline’s December…
UAW expands GM walkout after deal to end Stellantis strike
By David Shepardson and Joseph White (Reuters) -The United Auto Workers on Saturday expanded its strike against General Motors to…