Arm's quarterly revenue forecast beats Street; annual rev guidance misses
By Max A. Cherney and Stephen Nellis (Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on We...
1h ago
US sues Hyundai, Kia finance arm for repossessing service members' vehicles
By Jonathan Stempel (Reuters) - The U.S. government on Wednesday sued Hyundai and Kia's American financing arm, accusing it o...
1h ago
Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud
By Mike Spector and Chris Prentice (Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire frau...
1h ago
Theater chain AMC posts quarterly revenue above estimates
(Reuters) -AMC Entertainment on Wednesday beat analysts' estimates for first-quarter revenue, as films like "Dune: Part ...
1h ago
Airbnb posts higher profits on global travel demand
(Reuters) - Vacation rental company Airbnb reported a higher quarterly profit on Wednesday, boosted by an increase in travel ...
2h ago
Robinhood swings to profit from year-ago loss
(Reuters) -Robinhood Markets reported a profit in the first quarter on Wednesday compared with a loss last year, helped by st...
2h ago
Argentina industrial output sinks 21% amid Milei austerity, worst since pandemic
BUENOS AIRES (Reuters) - Argentina's industrial output plunged 21.2% in March from a year ago, the INDEC statistics agency sa...
2h ago
PIMCO adds bond exposure outside the US on inflation risks
By Davide Barbuscia NEW YORK (Reuters) - U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in develo...
3h ago
Fed's Cook says households, banks, firms largely in solid financial shape
By Howard Schneider WASHINGTON (Reuters) - U.S. households, banks and firms are largely in solid financial shape, with the me...
4h ago
GM to end production of Chevy Malibu as it shifts to EVs
(Reuters) - General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year...
5h ago