(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…
Year: 2025
Chipotle tempers annual sales forecast as spending weakens
(Reuters) – Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty…
IBM forecasts second-quarter revenue above estimates, soothing tariff worries
By Arsheeya Bajwa (Reuters) -IBM said on Wednesday it expects second-quarter revenue above Wall Street estimates, betting on resilient demand…
Meta opens Threads to advertisers globally
(Reuters) -Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally,…
Sam Altman to step down as Oklo chairman
(Reuters) -OpenAI CEO Sam Altman will step down as chairman of nuclear technology startup Oklo, paving the way for potential…
Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump
NEW YORK (Reuters) – Making sense of the forces driving global markets By Alden Bentley, Americas Finance and Markets Breaking…
IMF slashes global outlook as White House says trade talks pick up pace
By Andrea Shalal, David Lawder and Nupur Anand WASHINGTON (Reuters) -Worldwide economic output will slow in the months ahead as…
Capital One’s first-quarter profit rises on higher interest income
(Reuters) -Capital One Financial reported a rise in first-quarter profit on Tuesday, as the consumer lender was helped by a…
GameStop CEO must face Bed Bath & Beyond lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Ryan Cohen, the billionaire chief executive of GameStop, must face a lawsuit by…
NY Fed finds Americans trimming back wage expectations for new jobs
By Michael S. Derby NEW YORK (Reuters) -Americans’ view on labor markets soured in March as respondents to a Federal…