Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
By Harshita Mary Varghese and Joel Jose (Reuters) -Apple’s best revenue growth in three years failed to impress, with shares…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
US winds down exports of LPG to Venezuela, Treasury says
WASHINGTON (Reuters) -The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela’s…
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS (Reuters) -Apple took a challenge against EU regulators to Europe’s second highest court on Monday…
Exxon signals lower oil, gas prices could hit second-quarter profit
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter…
Ford accuses law firms of fraudulent overbilling, including a 57-1/2 hour workday
By Jonathan Stempel (Reuters) – Ford sued several California lawyers and law firms on Wednesday, accusing them of fraudulently inflating…
Walmart plans job cuts in restructuring push to simplify operations
(Reuters) -U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify…
Nike set to raise prices next week, plans to sell on Amazon again
(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…
Zoom lifts annual forecasts on robust demand amid AI push
By Juby Babu (Reuters) -Zoom Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the…