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Recent Posts

  • eToro surges in IPO debut, pushing valuation to $6 billion
    May 14, 2025
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    May 14, 2025
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  • December 3, 2024

Amazon's cloud service shows new AI servers, says Apple will use its chips

By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) - Amazon.com (NASDAQ:AMZN)'s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will...

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  • December 3, 2024

Microsoft faces UK lawsuit over cloud computing licences

LONDON (Reuters) - Microsoft (NASDAQ:MSFT) faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon (NASDAQ:AMZN),...

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  • December 3, 2024

Vietnam court upholds death sentence for tycoon in $12 billion fraud case

HANOI (Reuters) - A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and...

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  • December 3, 2024

Software startup ServiceTitan seeks up to $5.2 billion valuation in US IPO

By Arasu Kannagi Basil and Jaiveer Shekhawat (Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.16 billion in its U.S. initial public offering, it said on...

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  • December 3, 2024

Analysts react to Shopify's Black Friday sales data

-- Shopify’s 2024 Black Friday and Cyber Monday (BFCM) sales numbers are drawing mixed reactions from analysts, with both Oppenheimer and Mizuho (NYSE:MFG) noting...

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  • December 3, 2024

US railroad Amtrak sets passenger record in 2024

By David Shepardson WASHINGTON (Reuters) - U.S. passenger railroad Amtrak said on Tuesday ridership topped 2019 pre-COVID levels for the first time in 2024 and reached a record...

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  • December 3, 2024

Clean fuel tax credit guidelines delayed, shares of Darling Ingredients drop

The Biden administration will not complete the guidelines for the new clean fuel production tax credits before the end of President Joe Biden's term. This delay affects the airline...

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  • December 3, 2024

European shares settle at one-month high; French politics in focus

By Joao Manuel Vicente Mauricio, Ankika Biswas and Johann M Cherian (Reuters) - European stocks closed at a one-month high on Tuesday, with Germany's DAX briefly touching the...

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  • December 3, 2024

Ford UK chair calls on government for EV incentives, Sky News reports

(Reuters) - Ford Motor Co (NYSE:F)'s UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle, Sky News reported on...

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  • December 3, 2024

Wells Fargo says best time to own Ollie's Bargain passed, downgrades stock

-- Wells Fargo downgraded Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) to "equal weight," noting that the retailer may face a trickier environment as the...

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