Reuters

Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood

• Finance

Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood

Reuters August 4, 2023

By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets...

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Meme stock Tupperware jumps as debt restructuring deal fires up retail army

• Finance

Meme stock Tupperware jumps as debt restructuring deal fires up retail army

Reuters August 4, 2023

By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the...

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Explainer-Charting the Fed’s policy path

• Business
• Economy
• US

Explainer-Charting the Fed’s policy path

Reuters August 4, 2023

(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final...

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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

• Finance

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Reuters August 4, 2023

By Jeffrey Dastin and Chavi Mehta (Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that...

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Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

• Finance

Apple sees sales slump continuing, shares drop 2% despite beating sales expectations

Reuters August 4, 2023

By Stephen Nellis (Reuters) – Apple on Thursday forecast that a sales slump would continue into the...

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Warner Bros Discovery warns Hollywood strikes may impact film slate

• Finance

Warner Bros Discovery warns Hollywood strikes may impact film slate

Reuters August 3, 2023

By Helen Coster and Samrhitha Arunasalam (Reuters) -Warner Bros Discovery warned Thursday that uncertainty over the dual...

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Moderna sees up to $4 billion in 2023 sales from private market for COVID shots

• Finance

Moderna sees up to $4 billion in 2023 sales from private market for COVID shots

Reuters August 3, 2023

By Leroy Leo and Patrick Wingrove (Reuters) -Moderna Inc on Thursday forecast as much as $4 billion...

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CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

• Finance

CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

Reuters August 3, 2023

By Krystal Hu (Reuters) – Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility...

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Adidas turnaround gathers pace as Yeezy boosts margins

• Finance

Adidas turnaround gathers pace as Yeezy boosts margins

Reuters August 3, 2023

By Helen Reid LONDON (Reuters) – Adidas delivered further signs that its turnaround is gathering pace on...

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Yellen: Fitch downgrade ‘entirely unwarranted’ amid US economy’s strength

• Finance

Yellen: Fitch downgrade ‘entirely unwarranted’ amid US economy’s strength

Reuters August 2, 2023

By David Lawder MCLEAN, Virginia (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday voiced more complaints about...

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