Tesla investors lose bid for new US trial over Musk’s 2018 tweets
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday upheld a jury’s verdict clearing Tesla CEO Elon Musk…
2024
Shein, Temu gear up for 2026 UK trial over copyright and competition claims
LONDON (Reuters) – Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at London’s High Court,…
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
(Reuters) – World’s third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering…
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
By Chris Kirkham (Reuters) -When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric…
In a Trump win, ‘buy-the-dip’ opportunity seen in European defence
By Danilo Masoni MILAN (Reuters) – A Donald Trump victory in the race for the White House is widely seen…
Fox Corp beats revenue estimates on robust political advertising
(Reuters) -Fox Corp beat Wall Street expectations for first-quarter revenue on Monday, as the media company benefited from higher political…
Nvidia to take Intel’s spot on Dow Jones Industrial Average
By Arsheeya Bajwa (Reuters) -Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a…
Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls
By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing…
Big Tech’s AI splurge worries investors about returns
By Anna Tong, Aditya Soni and Deborah Mary Sophia (Reuters) -Big technology companies including Microsoft, Meta and Amazon are stepping…
Amazon’s plan to tackle Temu, Shein? Sell more toothpaste
By Arriana McLymore and Ananya Mariam Rajesh (Reuters) – Amazon’s push to offer more everyday essentials like toothpaste is hurting…