Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
(Reuters) -Chipmaker Wolfspeed said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges…
Author: Market Spectator
Nvidia’s Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as…
Exclusive-Activist investor Ananym Capital pushes for changes at Henry Schein, sources say
By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Ananym Capital Management is urging healthcare products distributor Henry Schein to refresh…
Ukraine, marking 1,000 days of Russian invasion, eyes end to war next year
By Tom Balmforth KYIV (Reuters) – Ukraine marked 1,000 days on Tuesday since Russia’s full-scale invasion, with weary troops battling…
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Stocks rise as Alphabet gains after results; gold hits record high
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly inched higher on Wednesday after upbeat results from Google parent…
Should you buy Microsoft before today’s earnings announcement?
As Microsoft gears up to reveal its quarterly earnings after the market closes, all eyes are on the tech giant,…
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JPMorgan sues customers over check fraud linked to glitch that went viral
By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase, the largest U.S. bank, has begun suing customers for check fraud,…
OpenAI chair’s AI startup Sierra gets $4.5 billion valuation in latest funding round
(Reuters) – Sierra, a software startup co-founded by former Salesforce co-CEO Bret Taylor, has raised $175 million in a new…
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US judge approves shipping companies’ $102 million settlement with DOJ over Baltimore bridge collapse
WASHINGTON (Reuters) – A U.S. judge on Friday approved a $102 million settlement by the companies that owned and operated…
Morgan Stanley lowers climate target, warns on sluggish transition
By Simon Jessop LONDON (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio…