Adidas posts forecast-beating quarterly profit on strong sneaker demand
(Reuters) -German sportswear and apparel maker Adidas on Wednesday reported first-quarter sales and profit above expectations, citing growth across all…
TSMC shows off new tech for stitching together bigger, faster chips
By Stephen Nellis and Max A. Cherney SANT CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co on Wednesday unveiled technology for…
Musk’s Neuralink could fetch $8.5 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…
Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs — Fed report
(Reuters) -Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households…
Barrick Gold said to seek buyers for its last mine in Canada, Bloomberg News reports
(Reuters) -Canada’s Barrick Gold is looking to sell its last mine in the country in a push to capitalize on…
Tesla shorts up $11.5 billion for the year with positioning bearish
(Reuters) -Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the…
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
(Reuters) – JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid…
Elliott wants BP to boost free cash flow to $20 billion by 2027, source says
By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion…
FTC accuses Uber of misleading subscribers
By Jody Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday sued Uber Technologies, accusing it of signing…
Shopify must face data privacy lawsuit in US
By Jonathan Stempel (Reuters) -A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify, in…