By Zaheer Kachwala (Reuters) – Broadcom forecast second-quarter revenue above Wall Street expectations on strong demand for its custom artificial…
Day: March 6, 2025
Marvell’s shares end worst day in 24 years as tepid revenue forecast reignites AI spending fears
By Arsheeya Bajwa (Reuters) -Marvell Technology’s shares closed down 19.8%, marking their worst day in more than two decades and…
Walgreens to be taken private by Sycamore in $10 billion deal
By Sabrina Valle and Abigail Summerville (Reuters) -Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion,…
Trump hails $20 billion investment by shipping firm CMA CGM
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in…
Chip stocks lead selloff on Wall St; tariffs in focus
By Johann M Cherian and Sukriti Gupta (Reuters) – Wall Street’s main indexes fell on Thursday, led by a decline…
Microsoft to invest $300 million more in South Africa’s AI infrastructure
By Nqobile Dludla JOHANNESBURG (Reuters) -Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027…
Reddit unveils new content moderation and analytics tools to boost user engagement
(Reuters) – Reddit on Thursday launched new tools aimed at helping people adhere to community rules and better understand content…