(Reuters) -The New York Times forecast third-quarter subscription revenue growth above Wall Street estimates on Wednesday, betting on its plan…
Category: Business
Novavax raises annual revenue forecast on vaccine supply partnerships
(Reuters) -Novavax raised its full-year adjusted revenue forecast on Wednesday, banking on higher sales tied to its vaccine supply partnerships,…
Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand
(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to…
Swiss cheesemakers fear for US sales if hit by tariffs
By Manuel Ausloos Yverdon-Les-Bains, Switzerland (Reuters) -Swiss cheese producers are bracing for a steep drop in U.S. sales after President…
OpenAI releases open-weight reasoning models optimized for running on laptops
By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models…
Stone secures IBD financing to offer credit to businesses in the Amazon
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian payments company Stone said on Monday it has secured 295 million reais ($53.4…
Berkshire Hathaway’s shares fall after $3.8 billion write-down, operating profit weakness
By Pritam Biswas (Reuters) -Class A shares of Warren Buffett’s Berkshire Hathaway fell more than 3% in afternoon trading on…
Palantir raises annual revenue forecast again on surging AI demand
By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting…
Microsoft in Brazilian antitrust regulator’s crosshairs after Opera complaint
By Foo Yun Chee BRUSSELS (Reuters) -Brazil’s antitrust enforcer CADE has opened an investigation into Microsoft, days after Norwegian browser…
Boeing’s quarterly loss shrinks as jet deliveries rebound, but shares drop
By Dan Catchpole and Shivansh Tiwary (Reuters) -Boeing’s quarterly loss more than halved and was much smaller than analysts expected…