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Applied Digital misses quarterly revenue estimates on datacenter hosting slowdown

Financial Wealth DailyApril 17, 2025April 17, 20250

(Reuters) – Applied Digital reported third-quarter revenue below Wall Street estimates on Monday due to a slowdown in the datacenter…

  • Business

Google’s journey from dorm to internet dominance

Financial Wealth DailyApril 17, 2025April 17, 20250

(Reuters) – A U.S. judge has ruled that Google illegally monopolized digital advertising markets, paving the way for a break…

  • Business

Ford Motor may hike prices in May if Trump’s auto tariffs persist, Automotive News reports

Financial Wealth DailyApril 16, 20250

(Reuters) – Ford Motor may raise prices of its new vehicles in May if U.S. President Donald Trump’s auto tariffs…

  • Business

Fed’s Hammack: Time for hold steady while taking in new data

Financial Wealth DailyApril 16, 20250

By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday high uncertainty in the…

  • Business

United Airlines warns of profit risks if US economy falters

Financial Wealth DailyApril 15, 20250

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines forecast lower-than-expected profit for the current quarter on Tuesday and warned of…

  • Business

Elliott builds $1.5-billion stake in Hewlett Packard Enterprise

Financial Wealth DailyApril 15, 20250

By Svea Herbst-Bayliss and Arsheeya Bajwa (Reuters) -Hedge fund Elliott Investment Management has built a stake of more than $1.5…

  • Business

Canada to spare automakers, other sectors from some tariffs on US imports

Financial Wealth DailyApril 15, 20250

OTTAWA (Reuters) – Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs provided they…

  • Business

OpenAI is working on X-like social media network, the Verge reports

Financial Wealth DailyApril 15, 2025April 15, 20250

(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…

  • Business

Global wine output and demand fall to lowest in decades

Financial Wealth DailyApril 15, 2025April 15, 20250

By Sybille de La Hamaide PARIS – Global wine production and consumption fell in 2024 to their lowest in decades,…

  • Business

Atlas Holdings bids for BoE currency printer De La Rue at 130 pence per share, Sky News reports

Financial Wealth DailyApril 14, 20250

(Reuters) – U.S.-based buyout firm Atlas Holdings is in advanced talks to take over Banknote printer De La Rue for…

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