(Reuters) -Roku warned that a push by streaming rivals towards ad-supported offerings could weigh on its growth this year, taking the shine off its strong quarterly results and sending its shares down[...]
Read more
April 25, 2024
Intel forecast misses estimates; shares tumble
By Max A. Cherney and Arsheeya Bajwa (Reuters) -Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for[...]
Read more
Walmart’s longest-serving director Rob Walton to retire from board
By Siddharth Cavale (Reuters) -Walmart said on Thursday that Rob Walton, the longest serving member on its board and eldest son of founder Sam Walton, would retire from his position of the big-box ret[...]
Read more
Conservative news site Gateway Pundit files for bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – The Gateway Pundit, a far-right news site, filed for bankruptcy Wednesday, following litigation by election workers and others who faced harassment after[...]
Read more
T-Mobile raises forecast for subscriber additions on strength from bundled plans
By Harshita Mary Varghese (Reuters) -T-Mobile US raised its annual forecast for growth in monthly bill-paying phone subscribers on Thursday, as more people take to its plans that bundle high-speed int[...]
Read more
Analysis-The yen has a yield problem the BOJ can’t easily fix
By Brigid Riley TOKYO (Reuters) – As the yen plumbs three-decade lows and pressure grows on Japan to intervene or make monetary policy changes, traders figure there is not much Tokyo can do to r[...]
Read more
Tepid US data hits stocks, lifts Treasury yields to over 5-month high
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech se[...]
Read more
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
By Chibuike Oguh NEW YORK (Reuters) -Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled wit[...]
Read more
Bombardier gets waiver from Canada ban on Russian titanium
By Allison Lampert, David Ljunggren and Tim Hepher MONTREAL/OTTAWA (Reuters) -Bombardier on Thursday became the latest planemaker to disclose an exemption from Canadian sanctions on Russian titanium,[...]
Read more