Tag: Business

Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance

A Rolls-Royce Trent 700 engine for the Airbus A330 stands in a workshop of N3 Engine Overhaul Services GmbH. The company is a...

Oil giant Shell beats second-quarter profit expectations, launches share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News...

Microsoft says OpenAI is now a competitor in AI and search

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.Justin Sullivan...

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped

Rene Haas, chief executive officer of Arm Holdings plc, during the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024.Annabelle Chih |...

Carvana beats Wall Street’s second-quarter expectations, guides toward record year

In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly...

Qualcomm beats estimates and phone chip sales are up 12%

Qualcomm president and CEO Cristiano Amon speaks at a news conference during CES 2022 in Las Vegas, Nevada, U.S. January 4, 2022.Steve Marcus...

UAW union endorses Vice President Kamala Harris over Trump

U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House in Washington, D.C.,...

Here’s what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in June.Text removed from the June...

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on...

This AI-powered financial advisor has quickly gained $20 billion in assets

AI-generated responses are becoming more common, whether travelers know or not.Westend61 | Getty ImagesAn automated financial advisor called PortfolioPilot has quickly gained $20...

Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year

Gastonia, North Carolina, Taco Bell Mexican fast food restaurant and drive thru at dusk. Jeff Greenberg | Universal Images Group | Getty ImagesYum Brands...

Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian...

Boeing is set to report results before the market opens. Here’s what Wall Street expects

A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on...

Why orange juice is so expensive

U.S. orange production has plummeted as the industry faces volatile threats from extreme weather events, an incurable disease and economic pressures.Citrus growers are...

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