Elf Beauty lifts annual forecasts on resilient cosmetics demand; shares up
By Anuja Bharat Mistry (Reuters) – Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on…
Category: Business
Apple set to face fine under EU’s landmark Digital Markets Act, sources say
By Foo Yun Chee (Reuters) -Apple is set to be fined by the European Union’s antitrust regulators under the bloc’s…
Super Micro says cannot predict timing of annual filing; shares down
(Reuters) -Super Micro Computer, whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its…
Cryptoverse: U.S. election speculators play the prediction markets
By Lisa Pauline Mattackal (Reuters) -Donald Trump is a clear favorite to beat Kamala Harris – that’s if you put…
Robot AI startup Physical Intelligence raises $400 million from Bezos, OpenAI
(Reuters) – Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400…
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…
Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion
(Reuters) – Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services,…
Mastercard’s profit beats estimates on resilient consumer spending
(Reuters) -Payments processor Mastercard reported a better-than-expected profit for the third quarter on Thursday, as customers encouraged by economic stability…
Netflix communications chief and global public policy executives to exit
(Reuters) – Netflix said on Tuesday that Vice President of Global Public Policy Dean Garfield, and Chief Communications Officer Rachel…
Google to develop AI that takes over computers, The Information reports
(Reuters) – Alphabet’s Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as…