(Reuters) -DuPont said on Wednesday it will split into three publicly traded companies, sending its shares up 5% after the bell as it joins a slew of U.S. conglomerates looking to unlock value and pur[...]
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May 22, 2024
Morning Bid: Bank of Korea next up, Nvidia keeps on rollin’
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets could be delicately poised at the open on Thursday, with growing worries over how soon U.S. and global inter[...]
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Nvidia’s strong forecast lifts shares of AI chipmakers
By Caroline Valetkevitch NEW YORK (Reuters) – A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled[...]
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US FCC chair backs requiring AI disclosure in campaign TV, radio ads
By David Shepardson WASHINGTON (Reuters) -U.S. Federal Communications Commission Chairwoman Jessica Rosenworcel on Wednesday proposed requiring disclosure of content generated by artificial intelligen[...]
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North Face owner VF Corp misses quarterly revenue estimates, posts loss as demand sags
(Reuters) – VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel a[...]
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Bristol Myers, Sanofi liability in Hawaii Plavix case grows to $916 million
By Brendan Pierson (Reuters) – A judge in Hawaii on Tuesday ordered Bristol Myers Squibb and Sanofi to pay more than $916 million to the state for failing to warn non-white patients of health ri[...]
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US says tariff increases on Chinese EVs, batteries and chips to start Aug. 1
By David Shepardson and David Lawder WASHINGTON (Reuters) -Some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and m[...]
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Target issues weak forecast as shoppers pull back; shares tumble
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -U.S. retailer Target on Wednesday reported quarterly earnings that missed Wall Street estimates and its forecast for the current quarter also di[...]
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Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
By Granth Vanaik (Reuters) – Elf Beauty projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend[...]
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