SAN FRANCISCO (Reuters) – U.S. safety regulators said they have upgraded their probe into Tesla vehicles over power steering loss to an engineering analysis – a required step before they c[...]
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February 2, 2024
Chevron beats Q4 estimates, but annual profits fall nearly 40%
By Sabrina Valle HOUSTON (Reuters) -Chevron Corp on Friday beat analysts’ earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on mi[...]
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Analysis-Tesla activist investors to seize on Elon Musk pay ruling
By Ross Kerber (Reuters) – Activist investors who have for years accused Tesla’s board of failing to rein in Elon Musk say this week’s court ruling on the electric vehicle maker CEO[...]
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Cigna raises 2024 profit view, beats Q4 earnings estimates on lower costs
By Khushi Mandowara and Sneha S K (Reuters) -Health insurer Cigna Group raised its 2024 profit forecast on Friday after lower-than-expected medical costs and strong demand in its pharmacy benefit mana[...]
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Apple’s China sales tumble highlights waning clout as local brands gain
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple’s weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces[...]
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Want details on Elon Musk’s brain implant trial? You’ll have to ask him
By Marisa Taylor WASHINGTON (Reuters) – Elon Musk’s announcement this week that his startup Neuralink had implanted the first human patient with its experimental brain device generated imm[...]
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US equity funds draw inflows amid positive economic and inflation data
(Reuters) – U.S. equity funds saw renewed investor interest in the seven days leading to Jan. 31, propelled by encouraging signs of economic growth and a cooling inflation rate. According to dat[...]
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Marketmind – Tech and Tnotes: Meta surges and jobs eyed
A look at the day ahead in U.S. and global markets from Mike Dolan Groundhog Day for investors dawns with the familiar sight of twin gains in tech stocks and Treasuries. Both Meta and Amazon refueled[...]
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Amazon posts AI-fueled cloud, ecommerce growth, shares jump
By Akash Sriram and Greg Bensinger (Reuters) -Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth[...]
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