By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of St. Louis President Alberto Musalem said on Thursday the…
Category: Uncategorized
Monster Beverage beats quarterly results estimates on strong demand for sugar-free energy drinks
(Reuters) -Monster Beverage beat Wall Street estimates for third-quarter revenue and profit on Thursday, helped by resilient demand for its…
Microchip forecasts quarterly net sales below estimates as inventory clearing weighs
(Reuters) -Microchip Technology forecast third-quarter net sales below Wall Street estimates on Thursday, indicating tepid demand for its chips as…
Chinese firm signs $5.2 billion of agricultural deals with traders including Cargill, LDC
BEIJING (Reuters) -Chinese supply chain operator and property developer Xiamen C&D said on Thursday it had signed contracts totalling over…
Exclusive-Nvidia-backed Vast Data inks $1.17 billion AI deal with CoreWeave
By Krystal Hu (Reuters) -AI startup Vast Data has signed a $1.17 billion commercial agreement with cloud provider CoreWeave, extending…
CarMax’s longtime CEO Bill Nash to depart, shares drop
(Reuters) -CarMax’s CEO Bill Nash is stepping down by end of the month, the preowned car retailer said on Thursday,…
Microsoft launches ‘superintelligence’ team targeting medical diagnosis to start
By Jeffrey Dastin SAN FRANCISCO (Reuters) -Microsoft is forming a new team that wants to build artificial intelligence that is…
Wall St drops as tech sell-off resumes; tariff, economic data uncertainty lingers
By Twesha Dikshit and Purvi Agarwal (Reuters) -Wall Street’s main indexes fell on Thursday, as technology stocks came under fresh…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
DoorDash’s quarterly profit miss, expects more investments in 2026; shares fall
By Anshi Sancheti (Reuters) -DoorDash reported third-quarter profit that missed Wall Street estimates as the delivery firm grapples with rising…
